Defined Benefit (Pension) · DOL Form 5500 · 2024

Velocity Credit Union Pension Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
87
Participants Small participant base
85th
Percentile by assets National rank
$604,662
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Velocity Credit Union Pension Plan · Sponsored by Velocity Credit Union · Texas · Finance & Insurance

$53M in assets, 87 participants

Velocity Credit Union's Velocity Credit Union Pension Plan reported $53M in total assets and 87 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,528 in Finance & Insurance (8,549 peers)

Where Velocity Credit Union Pension Plan sits by assets

Velocity Credit Union Pension Plan sits in the top quartile of all filed plans by assets, $53M for 87 participants (~$604,662/participant), up 11.2% in 2024.

#6,528
in Finance & Insurance (8,549 peers)
+11.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Velocity Credit Union Pension Plan's outsized position by total assets

Velocity Credit Union Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$52,605,633 Top 15% higher than 85% of 123,620 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 2024

Velocity Credit Union Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Velocity Credit Union Pension Plan is a small filing (87 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Velocity Credit Union Pension Plan end-of-year assets rose from $47M in the plan year 2023 filing to $53M in the plan year 2024 filing.
  • Velocity Credit Union Pension Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Velocity Credit Union Pension Plan reported participants fell from 95 in the plan year 2023 filing to 87 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 741200165 · Velocity Credit Union PY 2024 · Defined Benefit (Pension)

Velocity Credit Union Pension Plan · $53M · 87 · 85th

  • PHOTO $53M
  • PHOTO 87
  • PHOTO 85th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Ufcw-Giant Variable Annuity Fund
  • PHOTO ind #6528

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 Finance & Insurance retirement plans → · Plans in Texas →

Velocity Credit Union Pension Plan in the asset neighbourhood

Nysa-Ppgu Pension Fund & Plan$53MThe Legal Aid Society Retirement PlanThe Legal Aid Society Retire…$53MUfcw-Giant Variable Annuity FundUfcw-Giant Variable Annuity …$53MVelocity Credit Union Pension PlanVelocity Credit Union Pensio…$53MNorthwestern Energy Sd/Ne Pension PlanNorthwestern Energy Sd/Ne Pe…$53M
End-of-year total assets ($M) among Velocity Credit Union Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$53M
Net Income$5M
Employer EIN741200165
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Velocity Credit Union)

Sponsor-wide plan assets over time

All Velocity Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$71M 29.275370475556368% vs 2022
2024 filing year
$50M$55M$60M$65M$70M$75M 202220232024 $54.9M $71M ▲ +29.3%
Year Plans Participants Total Assets
2022 2 301 $55M
2023 2 298 $64M
2024 2 296 $71M

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Velocity Credit Union Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Velocity Credit Union Pension Plan, Total assets ($B): 0.052605633 · Participants: 87Velocity Credit Union Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 28.265893 · Participants: 100400AT&T Pension Benefit PlanExxonmobil Pension Plan, Total assets ($B): 12.095 · Participants: 22000Exxonmobil Pension PlanChevron Retirement Plan, Total assets ($B): 9.731784707 · Participants: 21297Chevron Retirement PlanShell Pension Plan, Total assets ($B): 9.694184685 · Participants: 12688Shell Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.1940497 · Participants: 11498Caterpillar Inc. Retirement Income Plan
Velocity Credit Union Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Velocity Credit Union Pension Plan side-by-side with 3 peers →

Velocity Credit Union Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Ufcw-Giant Variable Annuity Fund in MD ($53M); by covered participants it is Maher Terminals LLC Pension Trust in NJ (87 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($53M here).

Similar participant headcount

Nearest other-state filings by covered participants (87 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Velocity Credit Union Pension Plan assets move in 2024? ▼
Velocity Credit Union Pension Plan grew at a solid clip - up 11.2% during 2024, from $47M to $53M. Reported net income was $5M.
How have Velocity Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Velocity Credit Union's sponsor-wide assets grew 29.3%, from $55M to $71M.
Where does Velocity Credit Union Pension Plan rank by assets among Form 5500 filers? ▼
Velocity Credit Union Pension Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Velocity Credit Union Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ufcw-Giant Variable Annuity Fund in MD ($53M, 9,542 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Velocity Credit Union Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Maher Terminals LLC Pension Trust in NJ (87 participants, $92M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 741200165.

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.