Plan Ledger DOL Form 5500 · updated monthly

Team Velocity Marketing, LLC401(k)

TEAM VELOCITY MARKETING, LLC 401(K) PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.20%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Team Velocity Marketing, LLC reported $50,496 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $920 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 794th-largest of 2,266 plans among Virginia employers on file, and the 4,470th of 11,654 in professional & technical services. In 2024, employees put in $3.93 for every $1.00 the employer contributed; active participation has grown from 361 to 745 since 2022.

Plan summary
Net assets, end of year$27,192,954
Participants with balances431
Active participants745
Employer contributions$685,670
Employee contributions$2,697,078
Employer contribution per active participant$920
Average account balance$63,093
Benefits paid to participants$3,185,264
Plan auditUnmodified (clean) audit opinion
AuditorE.W. DEPEW, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$27.2M · 431 accts · $686K emplr
2023$23.4M · 371 accts · $613K emplr
2022$17.9M · 327 accts · $537K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,787
Audit (IQPA)$709
Total administrative$50,496
The Team Velocity Marketing, LLC 401(k) match · 2024
Employer contribution per active participant$920
Median for plans this size$2,416
2024$920 per active participant
2023$1,474 per active participant
2022$1,489 per active participant

Team Velocity Marketing, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,787
NYLIFE SECURITIES INCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$50,496 · 0.20%
2023$3,588 · 0.02%
2022$2,725 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Virginia
Vae, Inc. VA$27.4M · 0.32%
Drt Strategies Inc VA$27.2M · 0.42%
Rbc, Incorporated VA$27.1M · 0.26%
Kositzka, Wicks and Company VA$26.8M · 0.29%
IT Concepts VA$26.8M · 0.41%
Lts VA$26.8M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 274215568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.