ESOP · DOL Form 5500 · 2023

Velocity Constructors, Inc. ESOP ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
54
Participants Small participant base
41st
Percentile by assets National rank
$76,259
Avg per participant Below avg balance/head
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Official DOL plan name: Velocity Constructors, Inc. Employee Stock Ownership Plan · Sponsored by Velocity Constructors, Inc. ESOP · Colorado · Construction

$4M in assets, 54 participants

Velocity Constructors, Inc. ESOP's Velocity Constructors, Inc. Employee Stock Ownership Plan reported $4M in total assets and 54 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #3,489 in Construction (9,030 peers)

Velocity Constructors, Inc. ESOP multi-year trail

Velocity Constructors, Inc. ESOP's plans moved +41.2% in assets from 2022 to 2024; this filing shows Velocity Constructors, Inc. Employee Stock Ownership Plan at $4M / 54 participants.

#3,489
in Construction (9,030 peers)
+46.7%
assets growth YoY

Velocity Constructors, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Velocity Constructors, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$4,117,980 41st percentile higher than 41% 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 Constructors, Inc. Employee Stock Ownership 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 Constructors, Inc. Employee Stock Ownership Plan is a small filing (54 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Velocity Constructors, Inc. Employee Stock Ownership Plan reported net income rose from $613K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Velocity Constructors, Inc. Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Velocity Constructors, Inc. Employee Stock Ownership Plan reported participants rose from 52 in the plan year 2022 filing to 54 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 043644291 · Velocity Constructors, Inc. ESOP PY 2023 · ESOP

Velocity Constructors, Inc. Employee Stock Ownership Plan · $4M · 54 · 41st

  • EBSA $4M
  • EBSA 54
  • EBSA 41st
  • EBSA ESOP
  • EBSA near Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust
  • EBSA ind #3489

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 What is an ESOP? → · Plans in Colorado →

Velocity Constructors, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Velocity Constructors, Inc. Employee Stock Ownership PlanVelocity Constructors, Inc. …$4MCommunity Bank of the Chesapeake Employee Stock Ownership Plan and TrustCommunity Bank of the Chesap…$4MNuckles Employee Stock Ownership PlanNuckles Employee Stock Owner…$4MRex Cut Products, Inc. Employee Stock Ownership PlanRex Cut Products, Inc. Emplo…$4MReliance Sheet & Strip Co. Employee Stock Ownership PlanReliance Sheet & Strip Co. E…$4M
End-of-year total assets ($M) among Velocity Constructors, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Velocity Constructors, Inc. ESOP multi-year asset trail

Sponsor-wide plan assets over time

All Velocity Constructors, Inc. ESOP plans reported in each filing year

Latest sponsor-wide plan assets
$4M 41.163411203485474% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.81M $3.96M ▲ +40.9%
Year Plans Participants Total Assets
2022 1 52 $3M
2023 1 54 $4M
2024 1 49 $4M

Velocity Constructors, Inc. ESOP filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$1M
Employer EIN043644291
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Colorado

Peer ESOP plans, same state, same plan type, ranked by total assets.

Velocity Constructors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Colorado, assets vs. participants Scatter plot of 6 data points. 050010001500 -1000100200300400500 Total assets ($M) Participants Velocity Constructors, Inc. Employee Stock Ownership Plan, Total assets ($M): 4.11798 · Participants: 54Velocity Constructors, Inc. Employee Stock Ownership PlanAlpine Lumber Company Employee Stock Ownership Plan, Total assets ($M): 385.149702 · Participants: 581Alpine Lumber Company Employee Stock Ownership PlanTrinidad Benham Corp. Employee Stock Ownership Plan, Total assets ($M): 266.310908 · Participants: 776Trinidad Benham Corp. Employee Stock Ownership PlanEnvision Management Holding, Inc. Employee Stock Ownership Plan, Total assets ($M): 211.311494 · Participants: 1075Envision Management Holding, Inc. Employee Stock Ownership PlanBrown Strauss, Inc. Employee Stock Ownership Plan, Total assets ($M): 209.447754 · Participants: 206Brown Strauss, Inc. Employee Stock Ownership PlanHercules Industries, Inc. Employee Stock Ownership Plan, Total assets ($M): 106.310439 · Participants: 444Hercules Industries, Inc. Employee Stock Ownership Plan
Velocity Constructors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Colorado, assets vs. participants
Compare Velocity Constructors, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Velocity Constructors, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Colorado, the nearest ESOP by assets is Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust in MD ($4M); by covered participants it is Prolift, Inc. Employee Stock Ownership Plan in NY (54 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (54 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 Constructors, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Velocity Constructors, Inc. Employee Stock Ownership Plan surged - up 46.7% during 2023, from $3M to $4M. Reported net income was $1M.
How have Velocity Constructors, Inc. ESOP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Velocity Constructors, Inc. ESOP's sponsor-wide assets grew 41.2%, from $3M to $4M.
Which ESOP plans are similar in size to Velocity Constructors, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust in MD ($4M, 153 participants).
Which ESOP plans cover a similar participant headcount to Velocity Constructors, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Prolift, Inc. Employee Stock Ownership Plan in NY (54 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043644291.

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.