# Velocity Telecom Services, LLC 401(k) Plan
Source: https://planprovider.pro/companies/velocity-telecom-services-llc-401k-plan

> Velocity Telecom Services, LLC's 401(k) plan: 42 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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