401(k) · DOL Form 5500 · 2023

Velocity Solutions, LLC 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
90
Participants Small participant base
69th
Percentile by assets National rank
$179,719
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Velocity Solutions, LLC 401(k) Plan · Sponsored by Velocity Solutions, LLC · Florida · Professional & Technical Services

$16M in assets, 90 participants

Velocity Solutions, LLC's Velocity Solutions, LLC 401(k) Plan reported $16M in total assets and 90 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #13,840 in Professional & Technical Services (20,321 peers)

Velocity Solutions, LLC multi-year trail

Velocity Solutions, LLC's plans moved +59.8% in assets from 2022 to 2024; this filing shows Velocity Solutions, LLC 401(k) Plan at $16M / 90 participants.

#13,840
in Professional & Technical Services (20,321 peers)
+30.4%
assets growth YoY

Velocity Solutions, LLC 401(k) Plan's outsized position by total assets

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

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

$16,174,714 Top 31% higher than 69% 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 Solutions, LLC 401(k) 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 Solutions, LLC 401(k) Plan is a small filing (90 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Velocity Solutions, LLC 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Velocity Solutions, LLC 401(k) Plan end-of-year assets rose from $12M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Velocity Solutions, LLC 401(k) Plan reported participants fell from 104 in the plan year 2022 filing to 90 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 561928548 · Velocity Solutions, LLC PY 2023 · 401(k)

Velocity Solutions, LLC 401(k) Plan · $16M · 90 · 69th

  • EBSA $16M
  • PART 90
  • TYPE 69th
  • NET 401(k)
  • BOOK near State Garden, Inc. 401(k) Retirement Plan
  • VS-ST ind #13840

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 Florida →

Velocity Solutions, LLC 401(k) Plan in the asset neighbourhood

Velocity Solutions, LLC 401(k) PlanVelocity Solutions, LLC 401(…$16MState Garden, Inc. 401(k) Retirement PlanState Garden, Inc. 401(k) Re…$16MPedigo 401(k) Savings Plan$16MAlbany Ent & Allergy Services, PC Profit Sharing PlanAlbany Ent & Allergy Service…$16MParkcrest Dental Group Psp/401(k)Parkcrest Dental Group Psp/4…$16M
End-of-year total assets ($M) among Velocity Solutions, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Velocity Solutions, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Velocity Solutions, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$20M 59.77662883876347% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12.4M $19.8M ▲ +59.8%
Year Plans Participants Total Assets
2022 1 104 $12M
2023 1 90 $16M
2024 1 104 $20M

Velocity Solutions, LLC filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$16M
Net Income$4M
Employer EIN561928548
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Florida

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

Velocity Solutions, LLC 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Velocity Solutions, LLC 401(k) Plan, Total assets ($B): 0.016174714 · Participants: 90Velocity Solutions, LLC 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Velocity Solutions, LLC 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants

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

Outside Florida, the nearest 401(k) by assets is State Garden, Inc. 401(k) Retirement Plan in MA ($16M); by covered participants it is International Marine Products Retirement Plan in CA (90 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (90 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 Solutions, LLC 401(k) Plan assets move in 2023?
Velocity Solutions, LLC 401(k) Plan surged - up 30.4% during 2023, from $12M to $16M. Reported net income was $4M.
How have Velocity Solutions, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Velocity Solutions, LLC's sponsor-wide assets grew 59.8%, from $12M to $20M.
Which 401(k) plans are similar in size to Velocity Solutions, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is State Garden, Inc. 401(k) Retirement Plan in MA ($16M, 256 participants).
Which 401(k) plans cover a similar participant headcount to Velocity Solutions, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is International Marine Products Retirement Plan in CA (90 participants, $3M in assets).