Plan Snapshot
- Plan Sponsor: Velocity Custom Fabrication, INC.
- Sponsor EIN: 874515436
- Sponsor Address: 5199 NORTH MINGO, TULSA, OK, 74117
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 23
- Total Assets: $2.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2025 | 23 | $2.7M | $0 | $0 |
| 2024 | 18 | $460,987 | $26,637 | $33,408 |
| 2023 | 15 | $67,845 | $24,590 | $31,740 |
| 2022 | 6 | $8,529 | $3,688 | $4,729 |