# Velocity Custom Fabrication, INC. 401(k) Plan
Source: https://planprovider.pro/companies/velocity-custom-fabrication-inc-401k-plan

> Velocity Custom Fabrication, INC.'s 401(k) plan: 18 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Velocity Custom Fabrication, INC.

- **Sponsor EIN:** 874515436

- **Sponsor Address:** 7865 N. 186TH EAST AVE., OWASSO, OK, 74055

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

- **Total Participants:** 18

- **Total Assets:** $460,987

## 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.|

| 2024|18|$460,987|$26,637|$33,408|

| 2023|15|$67,845|$24,590|$31,740|

| 2022|6|$8,529|$3,688|$4,729|

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