Plan Ledger DOL Form 5500 · updated monthly

Velosio, LLC401(k)

VELOSIO, LLC 401(K) PLAN · DUBLIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Velosio, LLC reported $100,160 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $3,804 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 fell from 0.21% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 587th-largest of 3,295 plans among Ohio employers on file, and the 2,450th of 11,654 in professional & technical services. In 2024, employees put in $4.24 for every $1.00 the employer contributed; active participation has shrunk from 348 to 303 since 2022.

Plan summary
Net assets, end of year$57,620,612
Participants with balances442
Active participants303
Employer contributions$1,152,553
Employee contributions$4,888,407
Employer contribution per active participant$3,804
Average account balance$130,363
Benefits paid to participants$4,682,494
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.6M · 442 accts · $1.2M emplr
2023$47.7M · 514 accts · $1.2M emplr
2022$37.6M · 499 accts · $934K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,535
Investment management$48,625
Total administrative$100,160
The Velosio, LLC 401(k) match · 2024
Employer contribution per active participant$3,804
Median for plans this size$3,635
2024$3,804 per active participant
2023$3,549 per active participant
2022$2,683 per active participant

Velosio, LLC's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS · Loan processing$51,535
CETERA ADVISORS LLC · Investment advisory (plan)$48,625

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$100,160 · 0.19%
2023$77,608 · 0.18%
2022$82,782 · 0.21%
Same employer
Similar plansProfessional & Technical Services · Ohio
Therm-O-Disc, Inc OH$60.6M · 0.02%
The Smithers Group, Inc. OH$60.6M · 0.29%
Sei-Services LLC OH$53.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823716350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.