How big is Velocity Magnetics' plan?

Velocity Magnetics' plan reported $42K in assets and 14 participants for 2024.

Original filing (PDF)20251006162108NAL0003791617001

Velocity Magnetics

Name: Velocity Magnetics — Velocity Magnetics 401(k), Form 5500 (2024)
Creator: Velocity Magnetics
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Velocity Magnetics 401(k) Retirement Plan

401(k) retirement plan · Velocity Magnetics' Velocity Magnetics 401(k) Retirement Plan held $42K in plan assets for 14 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$42K

Net assets (EOY)

$42K

Plan identifiers

Velocity Magnetics' EIN is 25-1879474.

EIN 25-1879474

Plan number 001

Plan year 2024

ACK ID 20251006162108NAL0003791617001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Velocity Magnetics from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Velocity Magnetics' plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for VELOCITY MAGNETICS.

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Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off