401(k) · DOL Form 5500 · 2024

Velo-Payments Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
25
Participants Small participant base
63rd
Percentile by assets National rank
$572,277
Avg per participant High balance/head
PlainRetire home → About this data

Official DOL plan name: Velo-Payments 401(k) Plan · Sponsored by Velo-Payments Inc. · California · Finance & Insurance

$14M in assets, 25 participants

Velo-Payments Inc.'s Velo-Payments 401(k) Plan reported $14M in total assets and 25 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.

  • #4,062 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

Velo-Payments 401(k) Plan holds $14M for 25 participants - about $572,277 per participant, above the median plan by assets.

#4,062
in Finance & Insurance (8,549 peers)
-7.8%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Velo-Payments 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Velo-Payments 401(k) Plan vs every filed plan by assets

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

$14,306,914 Top 37% higher than 63% 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

Velo-Payments 401(k) 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. Velo-Payments 401(k) Plan is a small filing (25 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 814075675 · Velo-Payments Inc. PY 2024 · 401(k)

Velo-Payments 401(k) Plan · $14M · 25 · 63rd

  • TYPE $14M
  • TYPE 25
  • TYPE 63rd
  • TYPE 401(k)
  • TYPE near Rothe Development, Inc. 401(k) Plan
  • TYPE ind #4062

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 California →

Velo-Payments 401(k) Plan in the asset neighbourhood

Velo-Payments 401(k) Plan$14MRothe Development, Inc. 401(k) PlanRothe Development, Inc. 401(…$14MBosse' Rollman PC 401(k) Profit Sharing Plan & Trust AgreementBosse' Rollman PC 401(k) Pro…$14MApple Tree Dental 401(k) Plan$14MBankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) PlanBankwell Financial Group, In…$14M
End-of-year total assets ($M) among Velo-Payments 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$14M
Net Income-$1M
Employer EIN814075675
Plan Effective Date2007-03-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Velo-Payments 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Velo-Payments 401(k) Plan, Total assets ($B): 0.014306914 · Participants: 25Velo-Payments 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Velo-Payments 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Velo-Payments 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Rothe Development, Inc. 401(k) Plan in TX ($14M); by covered participants it is Idaho Skin Surgery Center 401(k) Plan in ID (25 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (25 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 Velo-Payments 401(k) Plan assets move in 2024? ▼
Velo-Payments 401(k) Plan pulled back noticeably - down 7.8% during 2024, from $16M to $14M. Reported net income was -$1M.
Which 401(k) plans are similar in size to Velo-Payments 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rothe Development, Inc. 401(k) Plan in TX ($14M, 284 participants).
Which 401(k) plans cover a similar participant headcount to Velo-Payments 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Idaho Skin Surgery Center 401(k) Plan in ID (25 participants, $2M 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 814075675.

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.