401(k) · DOL Form 5500 · 2024

Velux America LLC 401(k) Plan

Data updated 2026-08-11

$136M
Total assets
807
Participants
92nd
Percentile by assets
$168,538
Avg per participant
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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.

  • 92nd percentile by assets (of 123,622 plans)
  • #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.

$136M
total plan assets (2024 EOY)
807
covered participants
92nd
percentile by assets (of 123,622 plans)
$168,538
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 2024 · DOL Form 5500

$136,009,926 Top 8% higher than 92% of 123,620 filed plans

This plan $0 $2,010,000,000 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

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 →

Industry

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 807 participants - 2.2x that state average ($136M EOY assets).

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)

$100M$110M$120M$130M$140M 202220232024 $104M $136M ▲ +30.5%
Total plan assets by year, all Velux America LLC plans on file
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

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 40…Michelin 401(k) Savi…The Savannah River N…Sonoco Retirement & …Blue Cross Blue Shie…The Milliken Retirem…
Velux America LLC 401(k) Retirement Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

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.

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).

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