Velodyne 401(K) Retirement Savings Plan — Form 5500 plan (Velodyne Lidar Usa, 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, Velodyne 401(K) Retirement Savings Plan is a benefit plan reported by Velodyne Lidar Usa, Inc. under EIN 81-0960175 and plan number 001. The latest loaded filing year is 2023. The filing reports 509 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Velodyne Lidar Usa, Inc.
- EIN
- 81-0960175
- Plan number
- 001
- Plan type
- 2
- Location
- San Jose, CA
- Latest filing year
- 2023
- Participants
- 509
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 509 | H, C | 20240815171316NAL0007399699001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $24,669,743
Income & contributions
- Employer contributions
- $160,455
- Participant contributions
- $680,697
- Total contributions
- $865,587
- Total income / additions
- $3,237,937
Expenses & distributions
- Benefits paid
- $27,775,080
- Administrative expenses
- $132,600
- Total expenses
- $27,907,680
- Net increase / (decrease)
- -$24,669,743
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $83,752 | $0 | 2023 |
| Ameriprise Financial Services LLC | BROKER/ADVISER | $0 | $25,691 | 2023 |
| Yulishana Inc | AUDITOR | $25,000 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $23,851 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Velodyne Lidar Usa, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in San Jose, CA
- Empower Annuity Insurance Company — Schedule C compensation
- Ameriprise Financial Services LLC — Schedule C compensation
- Yulishana Inc — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation