Velocity Machine, Inc. 401(K) Retirement Plan — Form 5500 plan (Velocity Machine, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Velocity Machine, Inc. 401(K) Retirement Plan is a benefit plan reported by Velocity Machine, Inc. under EIN 39-1939229 and plan number 001. The latest loaded filing year is 2023. The filing reports 133 participants and $5,877,525 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Velocity Machine, Inc.
- EIN
- 39-1939229
- Plan number
- 001
- Plan type
- 2
- Location
- De Pere, WI
- Latest filing year
- 2023
- Participants
- 133
- End-of-year plan assets
- $5,877,525
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 133 | H, C | 20240711071321NAL0018004353001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,877,525
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,877,525
- Net assets (BOY)
- $4,498,653
Income & contributions
- Employer contributions
- $305,953
- Participant contributions
- $598,962
- Total contributions
- $906,225
- Total income / additions
- $1,777,086
Expenses & distributions
- Benefits paid
- $342,182
- Administrative expenses
- $56,032
- Total expenses
- $398,214
- Net increase / (decrease)
- $1,378,872
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Kestra Advisory Services LLC | INVESTMENT ADVISORY | $36,967 | not reported in the loaded dataset | 2023 |
| Transamerica Life Ins Co | RECORDKEEPER | $15,739 | $0 | 2023 |
| Pension Inc | THIRD PARTY ADMIN | $2,325 | $0 | 2023 |
| Mesirow Financial Inc | INVESTMENT ADVISORY | $1,001 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Velocity Machine, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in WI
- 401(k) and benefit plan filings in De Pere, WI
- Kestra Advisory Services LLC — Schedule C compensation
- Transamerica Life Ins Co — Schedule C compensation
- Pension Inc — Schedule C compensation
- Mesirow Financial Inc — Schedule C compensation