401(k) · DOL Form 5500 · 2022

Veltek Associates Inc 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
201
Participants Below avg headcount
77th
Percentile by assets National rank
$99,063
Avg per participant Below avg balance/head
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Official DOL plan name: Veltek Associates Inc 401(k) Profit Sharing Plan & Trust · Sponsored by Veltek Associates Inc · Pennsylvania · Professional & Technical Services

$20M in assets, 201 participants

Veltek Associates Inc's Veltek Associates Inc 401(k) Profit Sharing Plan & Trust reported $20M in total assets and 201 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #16,705 in Professional & Technical Services (21,562 peers)

Coverage in Pennsylvania

Veltek Associates Inc 401(k) Profit Sharing Plan & Trust covers 201 participants in Pennsylvania, about 24% of the average Pennsylvania filer (state average ~822 per filing). Assets: $20M.

#16,705
in Professional & Technical Services (21,562 peers)
-10.7%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Veltek Associates Inc 401(k) Profit Sharing Plan & Trust's outsized position by total assets

Veltek Associates Inc 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$19,911,564 Top 23% higher than 77% 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

Veltek Associates Inc 401(k) Profit Sharing Plan & Trust 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. Veltek Associates Inc 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (201 participants).

DOL schedule card

Filing strip 232646423 · Veltek Associates Inc PY 2022 · 401(k)

Veltek Associates Inc 401(k) Profit Sharing Plan & Trust · $20M · 201 · 77th

  • BOY $20M
  • BOY 201
  • BOY 77th
  • BOY 401(k)
  • BOY near Oldenburg Group Incorporated Savings Plan
  • BOY ind #16705

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 Professional & Technical Services retirement plans → · Plans in Pennsylvania →

Veltek Associates Inc 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Veltek Associates Inc 401(k) Profit Sharing Plan & TrustVeltek Associates Inc 401(k)…$20MOldenburg Group Incorporated Savings PlanOldenburg Group Incorporated…$20MHawker Pacific Aerospace 401(k) PlanHawker Pacific Aerospace 401…$20MEbenezer Society 401(k) Profit-Sharing PlanEbenezer Society 401(k) Prof…$20MSecurity Bancorp of Tennessee Safe Harbor 401(k) Profit Sharing PlanSecurity Bancorp of Tennesse…$20M
End-of-year total assets ($M) among Veltek Associates Inc 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$20M
Net Income-$2M
Employer EIN232646423
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Veltek Associates Inc)

Sponsor-wide plan assets over time

All Veltek Associates Inc plans reported in each filing year

Latest sponsor-wide plan assets
$27M 35.772122169810466% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.9M $27M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 201 $20M
2023 1 188 $23M
2024 1 189 $27M

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Veltek Associates Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Veltek Associates Inc 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.019911564 · Participants: 201Veltek Associates Inc 401(k) Profit Sharing Plan & TrustComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
Veltek Associates Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Veltek Associates Inc 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Oldenburg Group Incorporated Savings Plan in WI ($20M); by covered participants it is Gill Studios, Inc. Hourly Paid Employees' Profit Sharing and 401(k) Plan and Trust in KS (201 participants). Same-state nearby plans are listed separately above.

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 Veltek Associates Inc 401(k) Profit Sharing Plan & Trust assets move in 2022?
Veltek Associates Inc 401(k) Profit Sharing Plan & Trust pulled back noticeably - down 10.7% during 2022, from $22M to $20M. Reported net income was -$2M.
How have Veltek Associates Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Veltek Associates Inc's sponsor-wide assets grew 35.8%, from $20M to $27M.
Where does Veltek Associates Inc 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers?
Veltek Associates Inc 401(k) Profit Sharing Plan & Trust ranks in the 77th 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 401(k) plans are similar in size to Veltek Associates Inc 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Oldenburg Group Incorporated Savings Plan in WI ($20M, 77 participants).
Which 401(k) plans cover a similar participant headcount to Veltek Associates Inc 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Gill Studios, Inc. Hourly Paid Employees' Profit Sharing and 401(k) Plan and Trust in KS (201 participants, N/A in assets).