401(k) · DOL Form 5500 · 2024
Velocity Clinical Research, Inc 401(k) Plan
Data updated 2026-08-11
- $36M
- Total assets
- 1,282
- Participants
- 80th
- Percentile by assets
- $27,756
- Avg per participant
Official DOL plan name: Velocity Clinical Research 401(k) Plan · Sponsored by Velocity Clinical Research, Inc · North Carolina · Professional & Technical Services
$36M in assets, 1,282 participants
Velocity Clinical Research, Inc's Velocity Clinical Research 401(k) Plan reported $36M in total assets and 1,282 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.
- 80th percentile by assets (of 123,622 plans)
- #16,186 in Professional & Technical Services (20,173 peers)
Where Velocity Clinical Research 401(k) Plan sits by assets
Velocity Clinical Research 401(k) Plan sits in the top quartile of all filed plans by assets, $36M for 1,282 participants (~$27,756/participant), up 32.6% in 2024.
- $36M
- total plan assets (2024 EOY)
- 1,282
- covered participants
- 80th
- percentile by assets (of 123,622 plans)
- $27,756
- avg assets per participant
Where Velocity Clinical Research 401(k) Plan sits by total assets
Velocity Clinical Research 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$35,583,319 Top 20% higher than 80% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Velocity Clinical Research 401(k) Plan reported participants rose from 769 in the plan year 2023 filing to 1,282 in the plan year 2024 filing.
- Velocity Clinical Research 401(k) Plan end-of-year assets rose from $27M in the plan year 2023 filing to $36M in the plan year 2024 filing.
- Velocity Clinical Research 401(k) Plan reported net income fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.
Velocity Clinical Research 401(k) Plan vs the 2024 asset distribution
By assets, Velocity Clinical Research 401(k) Plan outranks 80% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $27M |
|---|---|
| Net Assets (End of Year) | $36M |
| Net Income | $8M |
| Employer EIN | 823171064 |
| Plan Effective Date | 2020-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Velocity Clinical Research, Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 380 | $10M |
| 2023 | 1 | 769 | $27M |
| 2024 | 1 | 1,282 | $36M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Velocity Clinical Research 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Velocity Clinical Research 401(k) Plan by total assets, not by location.
- Tenacre Foundation 401(k) Plan (NJ) $36M · 150
- The Gratitude Pep (NY) $36M · 275
- Ajax Paving Industries of Florida, LLC 401(k) Plan (FL) $36M · 461
- Fbi Family of Companies 401(k) Retirement Plan (IN) $36M · 400
Frequently Asked Questions
How did Velocity Clinical Research 401(k) Plan assets move in 2024? ▼
How have Velocity Clinical Research, Inc plan assets changed over time? ▼
Where does Velocity Clinical Research 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Velocity Clinical Research 401(k) Plan? ▼
Next read for Velocity Clinical Research 401(k) Plan
Scale reading
Ways to act on Velocity Clinical Research 401(k) Plan's numbers.
- By total assets, Velocity Clinical Research 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- Velocity Clinical Research, Inc's sponsor-wide assets have grown 271.4% since 2022 across 3 plan years on file. More Professional & Technical Services plans