401(k)
2022 plan-year 401(k) DOL Form 5500

Celerity It 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Celerity It LLC · Virginia · Professional & Technical Services

What the 2023 filing shows

Celerity It 401(k) Plan holds $18M for 146 participants — about $126,392 per participant, down 20.9% over the 2022 plan year.

$18M
total plan assets (2022 EOY)
146
covered participants
$126,392
avg assets per participant
-20.9%
assets change YoY

The plan reported a net loss of $5M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$18M
Participants
146
State
Industry
Professional & Technical Services

What the Filing Says About Celerity It 401(k) Plan

Celerity It 401(k) Plan is a 401(k) retirement plan sponsored by Celerity It LLC, headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $18M in total end-of-year assets and covers 146 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 542060132, and the plan has been effective since 2003-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $23M at the beginning of 2022 to $18M at year-end — a decline of 20.9%. Net assets (after liabilities) closed the year at $18M, with reported net income of $-4,879,842 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$23M
Total Assets (End of Year)$18M
Net Assets (End of Year)$18M
Net Income$-4,879,842
Plan Type401(k)
Employer EIN542060132
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Celerity It LLC)

Year Plans Participants Total Assets
2022 1 146 $18M
2023 1 126 N/A

Nearby 401(k) Plans in Virginia

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Frequently Asked Questions

How much money is in the Celerity It 401(k) Plan?
As of the 2022 Form 5500 filing, Celerity It 401(k) Plan holds $18M in total assets with 146 participants. It is sponsored by Celerity It LLC.
What type of plan is Celerity It 401(k) Plan?
Celerity It 401(k) Plan is a 401(k) plan. It has been effective since 2003-01-01. The plan is filed with the U.S. Department of Labor under EIN 542060132.
Who sponsors the Celerity It 401(k) Plan?
Celerity It 401(k) Plan is sponsored by Celerity It LLC, located in Virginia. The sponsor's EIN is 542060132 and the plan operates in the Professional & Technical Services industry.
How did Celerity It 401(k) Plan perform in 2022?
Celerity It 401(k) Plan declined by 20.9% during 2022, moving from $23M to $18M in total assets. Net income was $-4,879,842.
Where can I find official filings for Celerity It 401(k) Plan?
Official Form 5500 filings for Celerity It 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 542060132 or plan name at efast.dol.gov.
How does Celerity It 401(k) Plan compare to other plans?
You can compare Celerity It 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 542060132.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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