401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$10M
Total assets Small plan by assets
755
Participants Near avg headcount
58th
Percentile by assets National rank
$12,676
Avg per participant Low balance/head
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Official DOL plan name: Velocity 401(k) Plan · Sponsored by Velocity, a Managed Services Company, Inc. · Ohio · Information & Media

$10M in assets, 755 participants

Velocity, a Managed Services Company, Inc.'s Velocity 401(k) Plan reported $10M in total assets and 755 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #1,254 in Information & Media (2,818 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 $10M / 755 participants.

#1,254
in Information & Media (2,818 peers)
+29.5%
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 2023 · DOL Form 5500

$9,570,712 Top 42% higher than 58% of 127,068 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 2023

Velocity 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 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 (755 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Velocity 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Velocity 401(k) Plan reported participants rose from 443 in the plan year 2022 filing to 755 in the plan year 2023 filing.
  • Velocity 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 203677651 · Velocity, a Managed Services Company, Inc. PY 2023 · 401(k)

Velocity 401(k) Plan · $10M · 755 · 58th

  • PART $10M
  • TYPE 755
  • NET 58th
  • BOOK 401(k)
  • VS-ST near Marcus Food Co. 401(k) Profit Sharing Plan
  • BOY ind #1254

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$10MMarcus Food Co. 401(k) Profit Sharing PlanMarcus Food Co. 401(k) Profi…$10MFms Secure Solutions, L.L.C 401(k) Profit Sharing Plan & TrustFms Secure Solutions, L.L.C …$10MChambers & Owen, Inc. 401(k) Union PlanChambers & Owen, Inc. 401(k)…$10MCasto Technical Services, Inc. Employee Savings PlanCasto Technical Services, In…$10M
End-of-year total assets ($M) among Velocity 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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 (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$10M
Net Income$2M
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 -50510152025 Total assets ($B) Participants Velocity 401(k) Plan, Total assets ($B): 0.009570712 · Participants: 755Velocity 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide 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 Marcus Food Co. 401(k) Profit Sharing Plan in KS ($10M); by covered participants it is Grande Ronde Hospital Employees' Savings Plan in OR (755 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (755 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Velocity 401(k) Plan grew sharply - up 29.5% during 2023, from $7M to $10M. Reported net income was $2M.
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 Marcus Food Co. 401(k) Profit Sharing Plan in KS ($10M, 24 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 Grande Ronde Hospital Employees' Savings Plan in OR (755 participants, $103M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.