401(k) · DOL Form 5500 · 2024

Velocity, a Managed Services Company, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
461
Participants Below avg headcount
61st
Percentile by assets National rank
$28,107
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Velocity 401(k) Plan · Sponsored by Velocity, a Managed Services Company, Inc. · Ohio · Information & Media

$13M in assets, 461 participants

Velocity, a Managed Services Company, Inc.'s Velocity 401(k) Plan reported $13M in total assets and 461 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #1,385 in Information & Media (2,822 peers)

Velocity, a Managed Services Company, Inc. multi-year trail

Velocity, a Managed Services Company, Inc.'s plans moved +75.4% in assets from 2022 to 2024; this filing shows Velocity 401(k) Plan at $13M / 461 participants.

#1,385
in Information & Media (2,822 peers)
+35.4%
assets growth YoY

Velocity 401(k) Plan's mid-pack asset rank among Information & Media and all filers

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

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

$12,957,429 Top 39% higher than 61% 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 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. Velocity 401(k) Plan sits mid-pack in the medium band (461 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Velocity 401(k) Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Velocity 401(k) Plan reported participants fell from 755 in the plan year 2023 filing to 461 in the plan year 2024 filing.
  • Velocity 401(k) Plan end-of-year assets rose from $10M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 203677651 · Velocity, a Managed Services Company, Inc. PY 2024 · 401(k)

Velocity 401(k) Plan · $13M · 461 · 61st

  • RANK $13M
  • PHOTO 461
  • IND 61st
  • EOY 401(k)
  • 5500 near Alan J. Zuccari, Inc. 401(k) Profit Sharing Plan
  • ASSETS ind #1385

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 Information & Media retirement plans → · Plans in Ohio →

Velocity 401(k) Plan in the asset neighbourhood

Velocity 401(k) Plan$13MAlan J. Zuccari, Inc. 401(k) Profit Sharing PlanAlan J. Zuccari, Inc. 401(k)…$13MSouthpoint Bank 401(k) Employee Stock Ownership PlanSouthpoint Bank 401(k) Emplo…$13MThe Dynamic Group, Inc. 401(k) Retirement Savings PlanThe Dynamic Group, Inc. 401(…$13MFirst Baird Bancshares, Inc. 401(k) Profit Sharing PlanFirst Baird Bancshares, Inc.…$13M
End-of-year total assets ($M) among Velocity 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Velocity, a Managed Services Company, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Velocity, a Managed Services Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 75.38028935368473% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $7.39M $13M ▲ +75.4%
Year Plans Participants Total Assets
2022 1 443 $7M
2023 1 755 $10M
2024 1 461 $13M

Velocity, a Managed Services Company, Inc. filing trail (2024)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$13M
Net Income$3M
Employer EIN203677651
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Velocity 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Velocity 401(k) Plan, Total assets ($B): 0.012957429 · Participants: 461Velocity 401(k) PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Velocity 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Velocity 401(k) Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest 401(k) by assets is Alan J. Zuccari, Inc. 401(k) Profit Sharing Plan in VA ($13M); by covered participants it is Brady's Welding & Machine Shop 401(k) Plan in OK (461 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (461 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 401(k) Plan assets move in 2024? ▼
Velocity 401(k) Plan surged - up 35.4% during 2024, from $10M to $13M. Reported net income was $3M.
How have Velocity, a Managed Services Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Velocity, a Managed Services Company, Inc.'s sponsor-wide assets grew 75.4%, from $7M to $13M.
Which 401(k) plans are similar in size to Velocity 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Alan J. Zuccari, Inc. 401(k) Profit Sharing Plan in VA ($13M, 62 participants).
Which 401(k) plans cover a similar participant headcount to Velocity 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Brady's Welding & Machine Shop 401(k) Plan in OK (461 participants, $14M 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 203677651.

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.