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 Clinical Research 401(K) Plan is a benefit plan reported by Velocity Clinical Research, Inc under EIN 82-3171064 and plan number 001. The latest loaded filing year is 2023. The filing reports 878 participants and $26,827,746 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,827,746
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,827,746
- Net assets (BOY)
- $9,581,087
Income & contributions
- Employer contributions
- $2,757,686
- Participant contributions
- $5,471,577
- Total contributions
- $9,584,634
- Total income / additions
- $12,300,451
Expenses & distributions
- Benefits paid
- $2,745,706
- Administrative expenses
- $106,593
- Total expenses
- $2,860,354
- Net increase / (decrease)
- $9,440,097