# Velacorp Consolidated 401(k) Plan
Source: https://planprovider.pro/companies/velacorp-consolidated-742276250-502

> Velacorp Consolidated's 401(k) plan: 37 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Velacorp Consolidated

- **Sponsor EIN:** 742276250

- **Sponsor Address:** 1901 SOUTH 1ST STREET 100, MCALLEN, TX, 78503

- **Plan Type:** 401(k)

- **Plan Number:** 502

- **Total Participants:** 37

- **Total Assets:** $5,679

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|37|$5,679|$215,314|$0|

| 2023|35|$16|$242,110|$0|

| 2022|41|$4,510|$195,809|$0|

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