401(k) · DOL Form 5500 · 2023

Velocity Telecom Services, LLC 401(k) Plan

Data updated 2026-08-25

$658K
Total assets Small plan by assets
48
Participants Small participant base
20th
Percentile by assets National rank
$13,700
Avg per participant Low balance/head
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Official DOL plan name: Velocity Telecom Services, LLC Retirement Plan · Sponsored by Velocity Telecom Services, LLC · Virginia · Construction

$658K in assets, 48 participants

Velocity Telecom Services, LLC's Velocity Telecom Services, LLC Retirement Plan reported $658K in total assets and 48 participants in its 2023 DOL Form 5500 filing, ranking in the 20th 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.

  • #1,656 in Construction (9,030 peers)

Velocity Telecom Services, LLC multi-year trail

Velocity Telecom Services, LLC's plans moved +78.1% in assets from 2022 to 2024; this filing shows Velocity Telecom Services, LLC Retirement Plan at $658K / 48 participants.

#1,656
in Construction (9,030 peers)
+44.6%
assets growth YoY

Velocity Telecom Services, LLC Retirement Plan among the smaller filed plans by assets

Velocity Telecom Services, LLC Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$657,586 20th percentile higher than 20% of 127,068 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 2023

Velocity Telecom Services, LLC Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Velocity Telecom Services, LLC Retirement Plan is a small filing (48 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Velocity Telecom Services, LLC Retirement Plan reported net income rose from $4K in the plan year 2022 filing to $203K in the plan year 2023 filing.
  • Velocity Telecom Services, LLC Retirement Plan end-of-year assets rose from $455K in the plan year 2022 filing to $658K in the plan year 2023 filing.
  • Velocity Telecom Services, LLC Retirement Plan reported participants fell from 49 in the plan year 2022 filing to 48 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 263447462 · Velocity Telecom Services, LLC PY 2023 · 401(k)

Velocity Telecom Services, LLC Retirement Plan · $658K · 48 · 20th

  • BOY $658K
  • SCH 48
  • EBSA 20th
  • PART 401(k)
  • TYPE near Greenwood Village Family Medicine, P.C. 401(k) Plan
  • NET ind #1656

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 Construction retirement plans → · Plans in Virginia →

Velocity Telecom Services, LLC Retirement Plan in the asset neighbourhood

Velocity Telecom Services, LLC Retirement PlanVelocity Telecom Services, L…$658KGreenwood Village Family Medicine, P.C. 401(k) PlanGreenwood Village Family Med…$658KIncom Mechanical, Inc. 401(k) Profit Sharing PlanIncom Mechanical, Inc. 401(k…$658KDiodh 401(k)$657KNi Nan Acupuncture PC 401(k) Profit Sharing Plan & TrustNi Nan Acupuncture PC 401(k)…$658K
End-of-year total assets ($M) among Velocity Telecom Services, LLC Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Velocity Telecom Services, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Velocity Telecom Services, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$810K 78.12521983819909% vs 2022
2024 filing year
$0.4M$0.6M$0.8M$1M 202220232024 $0.45M $0.81M ▲ +80.0%
Year Plans Participants Total Assets
2022 1 49 $455K
2023 1 48 $658K
2024 1 41 $810K

Velocity Telecom Services, LLC filing trail (2023)

Total Assets (Beginning of Year)$455K
Net Assets (End of Year)$658K
Net Income$203K
Employer EIN263447462
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Velocity Telecom Services, LLC Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Velocity Telecom Services, LLC Retirement Plan, Total assets ($B): 0.000657586 · Participants: 48Velocity Telecom Services, LLC Retirement PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Velocity Telecom Services, LLC Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Velocity Telecom Services, LLC Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Greenwood Village Family Medicine, P.C. 401(k) Plan in CO ($658K); by covered participants it is Thomson & Thomson, Inc. Safe Harbor 401(k) Plan in TN (48 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (48 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Velocity Telecom Services, LLC Retirement Plan assets move in 2023?
Velocity Telecom Services, LLC Retirement Plan surged - up 44.6% during 2023, from $455K to $658K. Reported net income was $203K.
How have Velocity Telecom Services, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Velocity Telecom Services, LLC's sponsor-wide assets grew 78.1%, from $455K to $810K.
Where does Velocity Telecom Services, LLC Retirement Plan rank by assets among Form 5500 filers?
Velocity Telecom Services, LLC Retirement Plan ranks in the 20th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Velocity Telecom Services, LLC Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Greenwood Village Family Medicine, P.C. 401(k) Plan in CO ($658K, 1 participant).
Which 401(k) plans cover a similar participant headcount to Velocity Telecom Services, LLC Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Thomson & Thomson, Inc. Safe Harbor 401(k) Plan in TN (48 participants, $2M in assets).