Plan Ledger DOL Form 5500 · updated monthly

Velocityehs401(k)

VELOCITYEHS 401K PLAN · CHICAGO, IL · plan year 2025

Reported admin expense ratio · 2025
0.39%

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

Velocityehs reported $179,173 in plan administrative expenses for 2025: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,704 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 3 years on file its reported administrative ratio fell from 0.51% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 906th-largest of 3,702 plans among Illinois employers on file, and the 2,739th of 11,654 in professional & technical services. In 2025, employees put in $3.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,525,996
Participants with balances480
Active participants339
Employer contributions$916,684
Employee contributions$3,620,535
Employer contribution per active participant$2,704
Average account balance$105,262
Benefits paid to participants$4,461,921
Plan auditUnmodified (clean) audit opinion
AuditorDUFEK & COMPANY, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$50.5M · 480 accts · $917K emplr
2024$42.2M · 492 accts · $980K emplr
2023$33.7M · 484 accts · $899K emplr
2022$25.2M · 464 accts · $764K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$67,368
Investment management$111,805
Total administrative$179,173
The Velocityehs 401(k) match · 2025
Employer contribution per active participant$2,704
Median for plans this size$2,666
2025$2,704 per active participant
2024$2,520 per active participant
2023$2,418 per active participant
2022$2,153 per active participant

Velocityehs's 2025 employer contribution ran above the $2,666 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
FAIRCOURT PARTNERS LLC · Investment advisory (plan)$111,805
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$67,368

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

Administrative cost history4
2025$179,173 · 0.39%
2024$159,415 · 0.42%
2023$129,276 · 0.44%
2022$137,723 · 0.51%
Same employer
Similar plansProfessional & Technical Services · Illinois
Legacy Professionals LLP IL$52.9M · 0.12%
Datix USA Inc. IL$52.8M · 0.04%
Rhr International LLP IL$52.0M · 0.03%
Solomon Cordwell Buenz IL$49.5M · 0.38%
Collins Engineers, Inc. IL$49.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043626476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.