Plan Ledger DOL Form 5500 · updated monthly

Velodyne Lidar USA, Inc.401(k)

VELODYNE 401(K) RETIREMENT SAVINGS PLAN · SAN JOSE, CA · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

Velodyne Lidar USA, Inc. reported $107,326 in plan administrative expenses for 2022: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,283 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is the 3,138th-largest of 9,483 plans among California employers on file, and the 895th of 2,199 in information & media. In 2022, employees put in $5.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,669,743
Participants with balances485
Active participants248
Employer contributions$814,140
Employee contributions$4,126,566
Employer contribution per active participant$3,283
Average account balance$50,865
Benefits paid to participants$4,690,358
Plan auditUnmodified (clean) audit opinion
AuditorYULISHANA INC.
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $160K emplr
2022$24.7M · 485 accts · $814K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$69,279
Investment management$38,047
Total administrative$107,326
The Velodyne Lidar USA, Inc. 401(k) match · 2022
Employer contribution per active participant$3,283
Median for plans this size$2,266

Velodyne Lidar USA, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$107,326 · 0.40%
Same employer
Similar plansInformation & Media · California
Mocean, LLC CA$25.3M · 0.38%
Floqast, Inc. CA$25.1M · 0.11%
Sigma Computing, Inc. CA$25.1M · 0.14%
Treasure Data, Inc. CA$24.8M · 0.33%
Lotus Communications Corp. CA$24.6M · 0.03%
Seesaw Learning, Inc. CA$24.5M · 0.32%
Snapdocs, Inc. CA$24.5M · 0.31%
Evernote Corporation CA$24.3M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 810960175 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.