Team Velocity Marketing, LLC 401(k) Review & Grade
Team Velocity Marketing, LLC 401(k) Plan
Herndon, VAProfessional, Scientific & Technical Services580 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,181Employer $ per active participant
$4,646Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$27.2MNet plan assets, end of year
$63,093Average balance per account
Score breakdown
- Employer generosity11.0 / 5022th percentile for employer $ per participant
- Low cost13.6 / 2554th percentile for low admin cost vs. same-size plans
- Employee saving3.6 / 1524th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score21 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 22th |
| Lower admin cost | 54th |
| Employee saving | 24th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Team Velocity Marketing put in about $1,181 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $685,670 |
| Participant (employee) contributions | $2,697,078 |
| Other contributions (incl. rollovers in) | $189,586 |
| Administrative expenses paid from the plan | $50,496 |
| Benefits paid out | $3,185,264 |
| Net assets, start / end of year | $23.4M / $27.2M |
| Active participants, start / end of year | 416 / 745 |
| Participants with account balances | 431 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | E.w. Depew, Inc. |
Largest service providers (Schedule C)
| Nylife Securities Inc | $98,925 reported compensation |
| Fidelity Investments Institutional | $49,787 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006130737NAL0002078995001, received 2025-10-06, EIN 27-4215568, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.