Defined Benefit (Pension) · DOL Form 5500 · 2022

Velocity Credit Union Pension Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
103
Participants Small participant base
86th
Percentile by assets National rank
$402,430
Avg per participant High balance/head
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Official DOL plan name: Velocity Credit Union Pension Plan · Sponsored by Velocity Credit Union · Texas · Finance & Insurance

$41M in assets, 103 participants

Velocity Credit Union's Velocity Credit Union Pension Plan reported $41M in total assets and 103 participants in its 2022 DOL Form 5500 filing, ranking in the 86th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,236 in Finance & Insurance (9,261 peers)

Coverage in Texas

Velocity Credit Union Pension Plan covers 103 participants in Texas, about 15% of the average Texas filer (state average ~688 per filing). Assets: $41M.

#7,236
in Finance & Insurance (9,261 peers)
-20.9%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Velocity Credit Union Pension Plan's outsized position by total assets

Velocity Credit Union Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$41,450,244 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Velocity Credit Union Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Velocity Credit Union Pension Plan sits mid-pack in the medium band (103 participants).

EBSA filing schedule strip

Filing strip 741200165 · Velocity Credit Union PY 2022 · Defined Benefit (Pension)

Velocity Credit Union Pension Plan · $41M · 103 · 86th

  • PCT $41M
  • PCT 103
  • PCT 86th
  • PCT Defined Benefit (Pension)
  • PCT near Colorado Permanente Medical Group, P.C. Cash Balance Plan
  • PCT ind #7236

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Texas →

Velocity Credit Union Pension Plan in the asset neighbourhood

Velocity Credit Union Pension PlanVelocity Credit Union Pensio…$41MColorado Permanente Medical Group, P.C. Cash Balance PlanColorado Permanente Medical …$41MSteamfitters Local 439 Pension PlanSteamfitters Local 439 Pensi…$41MSharp Rees-Stealy Medical Group, Inc. Cash Balance Pension PlanSharp Rees-Stealy Medical Gr…$41MSouthern Star Retirement Plan (Non-Union)Southern Star Retirement Pla…$41M
End-of-year total assets ($M) among Velocity Credit Union Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$41M
Net Income-$11M
Employer EIN741200165
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Velocity Credit Union)

Sponsor-wide plan assets over time

All Velocity Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$71M 29.275370475556368% vs 2022
2024 filing year
$50M$55M$60M$65M$70M$75M 202220232024 $54.9M $71M ▲ +29.3%
Year Plans Participants Total Assets
2022 2 301 $55M
2023 2 298 $64M
2024 2 296 $71M

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Velocity Credit Union Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Velocity Credit Union Pension Plan, Total assets ($B): 0.041450244 · Participants: 103Velocity Credit Union Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 40.998144 · Participants: 119463AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 14.642588618 · Participants: 12912Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 11.599 · Participants: 23661Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.541187279 · Participants: 12815Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.371602289 · Participants: 9156Bp Retirement Accumulation Plan
Velocity Credit Union Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Velocity Credit Union Pension Plan side-by-side with 3 peers →

Velocity Credit Union Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Colorado Permanente Medical Group, P.C. Cash Balance Plan in CO ($41M); by covered participants it is Middlesex Water Company Pension Plan in NJ (103 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (103 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Velocity Credit Union Pension Plan assets move in 2022? ▼
Velocity Credit Union Pension Plan declined sharply - down 20.9% during 2022, from $52M to $41M. Reported net income was -$11M.
How have Velocity Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Velocity Credit Union's sponsor-wide assets grew 29.3%, from $55M to $71M.
Where does Velocity Credit Union Pension Plan rank by assets among Form 5500 filers? ▼
Velocity Credit Union Pension Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Velocity Credit Union Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Colorado Permanente Medical Group, P.C. Cash Balance Plan in CO ($41M, 397 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Velocity Credit Union Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Middlesex Water Company Pension Plan in NJ (103 participants, $85M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 741200165.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.