401(k) · DOL Form 5500 · 2023
Velux America LLC 401(k) Plan
Data updated 2026-08-11
- $118M
- Total assets
- 795
- Participants
- 92nd
- Percentile by assets
- $148,635
- Avg per participant
Official DOL plan name: Velux America LLC 401(k) Retirement Plan · Sponsored by Velux America LLC · South Carolina · Manufacturing
$118M in assets, 795 participants
Velux America LLC's Velux America LLC 401(k) Retirement Plan reported $118M in total assets and 795 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 127,072 plans)
- #16,529 in Manufacturing (18,722 peers)
Coverage in South Carolina
Velux America LLC 401(k) Retirement Plan covers 795 participants in South Carolina, 2.2x the typical South Carolina plan (state average ~369 per filing). Assets: $118M.
- $118M
- total plan assets (2023 EOY)
- 795
- covered participants
- 92nd
- percentile by assets (of 127,072 plans)
- $148,635
- avg assets per participant
Where Velux America LLC 401(k) Retirement Plan sits by total assets
Velux America LLC 401(k) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$118,164,595 Top 8% higher than 92% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Velux America LLC 401(k) Retirement Plan reported net income rose from -$16M in the plan year 2022 filing to $14M in the plan year 2023 filing.
- Velux America LLC 401(k) Retirement Plan end-of-year assets rose from $104M in the plan year 2022 filing to $118M in the plan year 2023 filing.
- Velux America LLC 401(k) Retirement Plan reported participants rose from 771 in the plan year 2022 filing to 795 in the plan year 2023 filing.
Participants vs South Carolina filers
In South Carolina, the average filing covers about 369 participants across 1,490 plans. Velux America LLC 401(k) Retirement Plan reports 795 participants - 2.2x that state average ($118M EOY assets).
South Carolina filing particulars
| Total Assets (Beginning of Year) | $104M |
|---|---|
| Net Assets (End of Year) | $118M |
| Net Income | $14M |
| Employer EIN | 042559488 |
| Plan Effective Date | 1985-12-13 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Velux America LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 771 | $104M |
| 2023 | 1 | 795 | $118M |
| 2024 | 1 | 807 | $136M |
Nearby 401(k) Plans in South Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Velux America LLC 401(k) Retirement Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
- Michelin 401(k) Savings Plan $4.1B · 14,439
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.5B · 8,661
- Sonoco Retirement & Savings Plan $1.6B · 11,311
- Sonoco Retirement & Savings Plan $1.3B · 10,614
- Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.3B · 11,348
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Velux America LLC 401(k) Retirement Plan by total assets, not by location.
- Paradigm 401(k) Savings Plan (CA) $118M · 1,290
- Installed Building Products, LLC 401(k) Savings Plan and Trust (OH) $118M · 8,957
- Steel Warehouse, Lock Joint Tube and Sfi Consolidated Profit Sharing Plan (IN) $118M · 2,088
- Independent Financial 401(k) Profit Sharing Plan (TX) $118M · 1,451
Frequently Asked Questions
How did Velux America LLC 401(k) Retirement Plan assets move in 2023? ▼
How have Velux America LLC plan assets changed over time? ▼
Where does Velux America LLC 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Velux America LLC 401(k) Retirement Plan? ▼
Next read for Velux America LLC 401(k) Retirement Plan
Filing takeaways
Ways to act on Velux America LLC 401(k) Retirement Plan's numbers.
- By total assets, Velux America LLC 401(k) Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in South Carolina. Compare plans
- Velux America LLC's sponsor-wide assets have grown 30.5% since 2022 across 3 plan years on file. More Manufacturing plans