401(k) · DOL Form 5500 · 2023

Veltek Associates Inc 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
188
Participants Below avg headcount
75th
Percentile by assets National rank
$121,272
Avg per participant Near 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

$23M in assets, 188 participants

Veltek Associates Inc's Veltek Associates Inc 401(k) Profit Sharing Plan & Trust reported $23M in total assets and 188 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #15,253 in Professional & Technical Services (20,321 peers)

Coverage in Pennsylvania

Veltek Associates Inc 401(k) Profit Sharing Plan & Trust covers 188 participants in Pennsylvania, about 23% of the average Pennsylvania filer (state average ~822 per filing). Assets: $23M.

#15,253
in Professional & Technical Services (20,321 peers)
+14.5%
assets growth YoY
0.2×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$22,799,121 Top 25% higher than 75% 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

Veltek Associates Inc 401(k) Profit Sharing Plan & Trust among mid-size filed plans by headcount

Plan-year 2023 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 (188 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Veltek Associates Inc 401(k) Profit Sharing Plan & Trust reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Veltek Associates Inc 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $20M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Veltek Associates Inc 401(k) Profit Sharing Plan & Trust reported participants fell from 201 in the plan year 2022 filing to 188 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 232646423 · Veltek Associates Inc PY 2023 · 401(k)

Veltek Associates Inc 401(k) Profit Sharing Plan & Trust · $23M · 188 · 75th

  • EIN $23M
  • EIN 188
  • EIN 75th
  • EIN 401(k)
  • EIN near Dream Golf 401(k) Retirement Plan
  • EIN ind #15253

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)…$23MDream Golf 401(k) Retirement PlanDream Golf 401(k) Retirement…$23MOls Hotels & Resorts LLC 401(k) PlanOls Hotels & Resorts LLC 401…$23MHi-School Pharmacy, Inc. Multiple Employer 401(k) and Psp & TrustHi-School Pharmacy, Inc. Mul…$23MTellurian Services 401(k) Retirement PlanTellurian Services 401(k) Re…$23M
End-of-year total assets ($M) among Veltek Associates Inc 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$23M
Net Income$3M
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. -50000050000100000 -505101520 Total assets ($B) Participants Veltek Associates Inc 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.022799121 · Participants: 188Veltek Associates Inc 401(k) Profit Sharing Plan & TrustComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The 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 Dream Golf 401(k) Retirement Plan in IL ($23M); by covered participants it is Advantmed 401(k) and Profit Sharing Plan in CA (188 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (188 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 Veltek Associates Inc 401(k) Profit Sharing Plan & Trust assets move in 2023?
Veltek Associates Inc 401(k) Profit Sharing Plan & Trust grew at a solid clip - up 14.5% during 2023, from $20M to $23M. Reported net income was $3M.
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 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Dream Golf 401(k) Retirement Plan in IL ($23M, 914 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 Advantmed 401(k) and Profit Sharing Plan in CA (188 participants, $844K in assets).