401(k) · DOL Form 5500 · 2024

Vermont Electric Power Company, Inc. 401(k) Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size: 176
Participants Small participant base: 87th
Percentile by assets National rank: $384,036
Avg per participant High balance/head

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Official DOL plan name: Velco 401(k) Plan · Sponsored by Vermont Electric Power Company, Inc. · Vermont · Utilities

$68M in assets, 176 participants

Vermont Electric Power Company, Inc.'s Velco 401(k) Plan reported $68M in total assets and 176 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

#404 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Velco 401(k) Plan ranks #404 of 732 2024 filers by assets (794% of the sector average)-$68M for 176 participants.

#404
in Utilities (732 peers): +19.1%
assets growth YoY: 0.7×
vs typical plan assets (national mean)

Velco 401(k) Plan's outsized position by total assets

Velco 401(k) Plan vs every filed plan by assets

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

$67,590,269 Top 13% higher than 87% 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

Velco 401(k) 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. Velco 401(k) Plan sits mid-pack in the medium band (176 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Velco 401(k) Plan end-of-year assets rose from $57M in the plan year 2023 filing to $68M in the plan year 2024 filing.
Velco 401(k) Plan reported participants rose from 151 in the plan year 2023 filing to 176 in the plan year 2024 filing.
Velco 401(k) Plan reported net income rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 030195580 · Vermont Electric Power Company, Inc. PY 2024 · 401(k)

Velco 401(k) Plan · $68M · 176 · 87th

TYPE $68M
TYPE 176
TYPE 87th
TYPE 401(k)
TYPE near Ba Holdings, Inc. Savings Plan
TYPE ind #404

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 Utilities retirement plans → · Plans in Vermont →

End-of-year total assets ($M) among Velco 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utilities filing particulars

Total Assets (Beginning of Year)	$57M
Net Assets (End of Year)	$68M
Net Income	$11M
Employer EIN	030195580
Plan Effective Date	1981-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Vermont Electric Power Company, Inc.)

Latest sponsor-wide plan assets: $96M 26.60347823784249% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	2	205	$76M
2023	2	203	$84M
2024	2	227	$96M

Nearby 401(k) Plans in Vermont

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Velco 401(k) Plan vs. nearby 401(k) plans in Vermont, assets vs. participants

The University of Vermont Medical Center 403(b) Plan $2.2B · 12,486
National Life Group 401(k) Plan $335M · 1,397
Green Mountain Power Corporation Employee Savings and Investment Plan and Trust $243M · 520
Husky Retirement Savings $175M · 534
Casella Waste Systems 401(k) Plan $161M · 3,488

Compare Velco 401(k) Plan side-by-side with 3 peers →

Velco 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Vermont, the nearest 401(k) by assets is Ba Holdings, Inc. Savings Plan in CA ($68M); by covered participants it is Central Texas Refuse 401(k) Plan in TX (176 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($68M here).

Ba Holdings, Inc. Savings Plan (CA) $68M · 792
The Foodland Profit Sharing Investment Plan (HI) $68M · 1,250
Hastings Insurance 401(k) Retirement Plan (MI) $68M · 443
Lcec 401(k) Plan (FL) $68M · 418

Similar participant headcount

Nearest other-state filings by covered participants (176 participants); asset peers above are excluded.

Central Texas Refuse 401(k) Plan (TX) 176 · 0 off
Jnko Management, Inc. 401(k) Plan (MI) 176 · 0 off
Net100 401(k) Plan (VA) 176 · 0 off
Life Tech Inc (NJ) 176 · 0 off

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 Velco 401(k) Plan assets move in 2024? ▼

Velco 401(k) Plan grew sharply - up 19.1% during 2024, from $57M to $68M. Reported net income was $11M.

How have Vermont Electric Power Company, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Vermont Electric Power Company, Inc.'s sponsor-wide assets grew 26.6%, from $76M to $96M.

Where does Velco 401(k) Plan rank by assets among Form 5500 filers? ▼

Velco 401(k) Plan ranks in the 87th 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 401(k) plans are similar in size to Velco 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Ba Holdings, Inc. Savings Plan in CA ($68M, 792 participants).

Which 401(k) plans cover a similar participant headcount to Velco 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Central Texas Refuse 401(k) Plan in TX (176 participants, N/A 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 030195580.