401(k) · DOL Form 5500 · 2024

Velux America LLC 401(k) Plan

Data updated 2026-08-25

$136M
Total assets Near avg plan size
807
Participants Near avg headcount
92nd
Percentile by assets National rank
$168,538
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

$136M in assets, 807 participants

Velux America LLC's Velux America LLC 401(k) Retirement Plan reported $136M in total assets and 807 participants in its 2024 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.

  • #15,749 in Manufacturing (17,777 peers)

Coverage in South Carolina

Velux America LLC 401(k) Retirement Plan covers 807 participants in South Carolina, 2.2x the typical South Carolina plan (state average ~369 per filing). Assets: $136M.

#15,749
in Manufacturing (17,777 peers)
+15.1%
assets growth YoY
1.4×
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 2024 · DOL Form 5500

$136,009,926 Top 8% higher than 92% 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

Velux America LLC 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 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 (807 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Velux America LLC 401(k) Retirement Plan reported net income rose from $14M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Velux America LLC 401(k) Retirement Plan end-of-year assets rose from $118M in the plan year 2023 filing to $136M in the plan year 2024 filing.
  • Velux America LLC 401(k) Retirement Plan reported participants rose from 795 in the plan year 2023 filing to 807 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 042559488 · Velux America LLC PY 2024 · 401(k)

Velux America LLC 401(k) Retirement Plan · $136M · 807 · 92nd

  • VS-ST $136M
  • VS-ST 807
  • VS-ST 92nd
  • VS-ST 401(k)
  • VS-ST near Tandem Diabetes Care, Inc. 401(k) Plan
  • VS-ST ind #15749

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

American Specialty Health Incorporated 401(k) Savings PlanAmerican Specialty Health In…$136MKinecta Federal Credit Union 401(k) and Profit Sharing PlanKinecta Federal Credit Union…$136MTandem Diabetes Care, Inc. 401(k) PlanTandem Diabetes Care, Inc. 4…$136MVelux America LLC 401(k) Retirement PlanVelux America LLC 401(k) Ret…$136MChapman and Cutler LLP Salary Deferral Plan for Partners and Support StaffChapman and Cutler LLP Salar…$136M
End-of-year total assets ($M) among Velux America LLC 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

South Carolina filing particulars

Total Assets (Beginning of Year)$118M
Net Assets (End of Year)$136M
Net Income$18M
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): 0.136009926 · Participants: 807Velux America LLC 401(k) Retirement PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanThe Milliken Retirement Plan, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirement Plan
Velux America LLC 401(k) Retirement Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

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 Tandem Diabetes Care, Inc. 401(k) Plan in CA ($136M); by covered participants it is Autism Society of North Carolina 401(k) Profit Sharing Plan in NC (807 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (807 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 Velux America LLC 401(k) Retirement Plan assets move in 2024? ▼
Velux America LLC 401(k) Retirement Plan grew sharply - up 15.1% during 2024, from $118M to $136M. Reported net income was $18M.
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 123,622 plans that reported assets for plan year 2024 (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 Tandem Diabetes Care, Inc. 401(k) Plan in CA ($136M, 2,325 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 Autism Society of North Carolina 401(k) Profit Sharing Plan in NC (807 participants, $9M in assets).