401(k) · DOL Form 5500 · 2023

Velux America LLC 401(k) Plan

Data updated 2026-08-25

$118M
Total assets Near avg plan size
795
Participants Near avg headcount
92nd
Percentile by assets National rank
$148,635
Avg per participant Above avg balance/head
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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.

  • #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.

#16,529
in Manufacturing (18,722 peers)
+13.3%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Velux America LLC 401(k) Retirement Plan's outsized position 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

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

Velux America LLC 401(k) Retirement Plan 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. Velux America LLC 401(k) Retirement Plan sits mid-pack in the medium band (795 participants).

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.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 042559488 · Velux America LLC PY 2023 · 401(k)

Velux America LLC 401(k) Retirement Plan · $118M · 795 · 92nd

  • SCH $118M
  • EBSA 795
  • PART 92nd
  • TYPE 401(k)
  • NET near Paradigm 401(k) Savings Plan
  • BOOK ind #16529

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 Manufacturing retirement plans → · Plans in South Carolina →

Velux America LLC 401(k) Retirement Plan in the asset neighbourhood

Independent Financial 401(k) Profit Sharing PlanIndependent Financial 401(k)…$118MVelux America LLC 401(k) Retirement PlanVelux America LLC 401(k) Ret…$118MParadigm 401(k) Savings Plan$118MInstalled Building Products, LLC 401(k) Savings Plan and TrustInstalled Building Products,…$118MSteel Warehouse, Lock Joint Tube and Sfi Consolidated Profit Sharing PlanSteel Warehouse, Lock Joint …$118M
End-of-year total assets ($M) among Velux America LLC 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

South Carolina filing particulars

Total Assets (Beginning of Year)$104M
Net Assets (End of Year)$118M
Net Income$14M
Employer EIN042559488
Plan Effective Date1985-12-13
Filing StatusFILING RECEIVED

Sponsor Plan History (Velux America LLC)

Sponsor-wide plan assets over time

All Velux America LLC plans reported in each filing year

Latest sponsor-wide plan assets
$136M 30.452021536018574% vs 2022
2024 filing year
$100M$110M$120M$130M$140M 202220232024 $104M $136M ▲ +30.5%
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 Scatter plot of 6 data points. 05000100001500020000 -1012345 Total assets ($B) Participants Velux America LLC 401(k) Retirement Plan, Total assets ($B): 0.118164595 · Participants: 795Velux America LLC 401(k) Retirement PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.081217676 · Participants: 14439Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.54970984 · Participants: 8661The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.560739492 · Participants: 11311Sonoco Retirement & Savings PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.313010355 · Participants: 10614Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.296149408 · Participants: 11348Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Velux America LLC 401(k) Retirement Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Velux America LLC 401(k) Retirement Plan side-by-side with 3 peers →

Velux America LLC 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Paradigm 401(k) Savings Plan in CA ($118M); by covered participants it is Trussway 401(k) Plan in TX (795 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (795 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 Velux America LLC 401(k) Retirement Plan assets move in 2023? ▼
Velux America LLC 401(k) Retirement Plan grew at a solid clip - up 13.3% during 2023, from $104M to $118M. Reported net income was $14M.
How have Velux America LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Velux America LLC's sponsor-wide assets grew 30.5%, from $104M to $136M.
Where does Velux America LLC 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Velux America LLC 401(k) Retirement Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Velux America LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Paradigm 401(k) Savings Plan in CA ($118M, 1,290 participants).
Which 401(k) plans cover a similar participant headcount to Velux America LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Trussway 401(k) Plan in TX (795 participants, N/A 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 042559488.

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.