Plan Snapshot
- Plan Sponsor: Velocity Telecom Services, LLC
- Sponsor EIN: 263447462
- Sponsor Address: 23020 EAGLEWOOD COURT, STERLING, VA, 20166
- Plan Type: 401(k)
- Total Participants: 42
- Total Assets: $810,256
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 42 | $810,256 | $0 | $122,035 |
| 2023 | 37 | $657,586 | $0 | $133,470 |
| 2022 | 47 | $454,880 | $0 | $121,424 |