Velocity Holdings Company, Inc 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2016. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.
Velocity Holdings Company, Inc 401(k) Login
Retirement plan providers can change. This information is from the plan's 2016 filing.
Velocity Holdings Company, Inc 401(k) Plan Facts (plan year 2016)
Source: Form 5500 for plan year 2016 (Jan 1, 2016 – Dec 31, 2016), filed Sep 19, 2017. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2016
- $6.10 million went into the plan in contributions, $1.86 million of it from the employer (30%).
- $13.8 million was paid out to participants.
- Investment and other income added $5.35 million.
- Administrative expenses were $86,652, about $49 per account.
Velocity Holdings Company, Inc 401(k) Contact Information
Questions about the Velocity Holdings Company, Inc 401(k)
Is the Velocity Holdings Company, Inc 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2016, and no later filing was found under this employer's EIN.
Does Velocity Holdings Company, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $1.86 million, 30% of all contributions.
Does the Velocity Holdings Company, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Velocity Holdings Company, Inc 401(k) plan?
1,022 participants at the start of plan year 2016, 1,942 of them active employees, and 563 former employees who still had money in the plan.
What is the average 401(k) balance at Velocity Holdings Company, Inc?
About $42,133 per account: $74.2 million in plan assets across 1,761 accounts with a balance at the end of plan year 2016.
Who manages the Velocity Holdings Company, Inc 401(k) accounts?
John Hancock is the plan's recordkeeper, which is where participants log in to see their balance.