How big is Velocity Electric Corporation's plan?

Velocity Electric Corporation's plan reported $202K in assets and 10 participants for 2024.

Original filing (PDF)20251210120011NAL0005475538001

Velocity Electric Corporation

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

Form 5500-SF

FILING_RECEIVED

Vecor 401(k) Plan

401(k) retirement plan · Velocity Electric Corporation's Vecor 401(k) Plan held $202K in plan assets for 10 participants in 2024.

Signals · 1

Late filing · 0.8 mo

Active participants

Accounts w/ balance

Plan assets (EOY)

$202K

Net assets (EOY)

$197K

Plan identifiers

Velocity Electric Corporation's EIN is 26-3780193.

EIN 26-3780193

Plan number 001

Plan year 2024

ACK ID 20251210120011NAL0005475538001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

Velocity Electric Corporation's 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 ELECTRIC CORPORATION.

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Plan health score

Top-tier plan health

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

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off

Filed 0.8 months past the 10.5-month grace window.

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High account-holder ratio — balance-holders per active participant in the top 15% of peers (85th percentile).

Plan sponsor

Name

VELOCITY ELECTRIC CORPORATION

EIN

all filings

Address

PO BOX 31685 · BELLINGHAM, WA · 98228

Phone

(360) 920-3459

Industry

Electrical Contractors· Construction

Plan administrator