401(k) · DOL Form 5500 · 2022

Velocity, a Managed Services Company 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
443
Participants Below avg headcount
59th
Percentile by assets National rank
$16,678
Avg per participant Low balance/head
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Official DOL plan name: Velocity 401(k) Plan · Sponsored by Velocity, a Managed Services Company · Ohio · Information & Media

$7M in assets, 443 participants

Velocity, a Managed Services Company's Velocity 401(k) Plan reported $7M in total assets and 443 participants in its 2022 DOL Form 5500 filing, ranking in the 59th 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.

  • #1,319 in Information & Media (2,911 peers)

Velocity, a Managed Services Company multi-year trail

Velocity, a Managed Services Company's plans moved +75.4% in assets from 2022 to 2024; this filing shows Velocity 401(k) Plan at $7M / 443 participants.

#1,319
in Information & Media (2,911 peers)
-13.0%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Velocity 401(k) Plan's mid-pack asset rank among Information & Media and all filers

Velocity 401(k) Plan vs every filed plan by assets

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

$7,388,190 Top 41% higher than 59% 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 401(k) 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 401(k) Plan sits mid-pack in the medium band (443 participants).

EBSA filing schedule strip

Filing strip 203677651 · Velocity, a Managed Services Company PY 2022 · 401(k)

Velocity 401(k) Plan · $7M · 443 · 59th

  • EOY $7M
  • EOY 443
  • EOY 59th
  • EOY 401(k)
  • EOY near Cusmano & Co., P.C. 401(k) Plan
  • EOY ind #1319

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 Information & Media retirement plans → · Plans in Ohio →

Velocity 401(k) Plan in the asset neighbourhood

Velocity 401(k) Plan$7MCusmano & Co., P.C. 401(k) PlanCusmano & Co., P.C. 401(k) P…$7MTrinetx 401(k) Plan$7MTar Heel Capital Corporation No. 2 Employees Savings Plus PlanTar Heel Capital Corporation…$7MSchwieters Companies, Inc. 401(k) PlanSchwieters Companies, Inc. 4…$7M
End-of-year total assets ($M) among Velocity 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Velocity, a Managed Services Company multi-year asset trail

Sponsor-wide plan assets over time

All Velocity, a Managed Services Company plans reported in each filing year

Latest sponsor-wide plan assets
$13M 75.38028935368473% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $7.39M $13M ▲ +75.4%
Year Plans Participants Total Assets
2022 1 443 $7M
2023 1 755 $10M
2024 1 461 $13M

Velocity, a Managed Services Company filing trail (2022)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$1M
Employer EIN203677651
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Velocity 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Velocity 401(k) Plan, Total assets ($B): 0.00738819 · Participants: 443Velocity 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Velocity 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Velocity 401(k) Plan side-by-side with 3 peers →

Velocity 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Cusmano & Co., P.C. 401(k) Plan in MI ($7M); by covered participants it is Oskar Blues Restaurant 401(k) Plan in CO (443 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (443 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 401(k) Plan assets move in 2022? ▼
Velocity 401(k) Plan pulled back noticeably - down 13.0% during 2022, from $8M to $7M. Reported net income was -$1M.
How have Velocity, a Managed Services Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Velocity, a Managed Services Company's sponsor-wide assets grew 75.4%, from $7M to $13M.
Which 401(k) plans are similar in size to Velocity 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cusmano & Co., P.C. 401(k) Plan in MI ($7M, 18 participants).
Which 401(k) plans cover a similar participant headcount to Velocity 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Oskar Blues Restaurant 401(k) Plan in CO (443 participants, $152K 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 203677651.

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.