VELOCITY GLOBAL, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan VELOCITY GLOBAL 401(K) RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2023 : VELOCITY GLOBAL 401(K) RETIREMENT PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $9,283,970 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $2,492,595 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $2,418,581 |
| Value of total corrective distributions | 2023-12-31 | $5,263 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $6,656,628 |
| Value of total assets at end of year | 2023-12-31 | $18,422,842 |
| Value of total assets at beginning of year | 2023-12-31 | $11,631,467 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $68,751 |
| Total interest from all sources | 2023-12-31 | $10,847 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $9,355 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $9,355 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $3,872,015 |
| Participant contributions at end of year | 2023-12-31 | $99,050 |
| Participant contributions at beginning of year | 2023-12-31 | $136,542 |
| Participant contributions at end of year | 2023-12-31 | $132,613 |
| Participant contributions at beginning of year | 2023-12-31 | $177,032 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $1,152,809 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-12-31 | $654 |
| Other income not declared elsewhere | 2023-12-31 | $594 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $6,791,375 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $18,422,842 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $11,631,467 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $1,093,143 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $689,058 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $4,202,126 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $2,505,659 |
| Interest on participant loans | 2023-12-31 | $7,514 |
| Interest earned on other investments | 2023-12-31 | $3,333 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $12,596,341 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $7,943,316 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $242,158 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $120,547 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $184,543 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $624,308 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $1,797,695 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $1,631,804 |
| Employer contributions (assets) at end of year | 2023-12-31 | $57,411 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $59,313 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $2,417,927 |
| Contract administrator fees | 2023-12-31 | $68,751 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | PENSION ASSURANCE LLP |
| Accountancy firm EIN | 2023-12-31 | 300840934 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $9,283,970 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $2,492,595 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $2,418,581 |
| Value of total corrective distributions | 2023-01-01 | $5,263 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $6,656,628 |
| Value of total assets at end of year | 2023-01-01 | $18,422,842 |
| Value of total assets at beginning of year | 2023-01-01 | $11,631,467 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $68,751 |
| Total interest from all sources | 2023-01-01 | $10,847 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $9,355 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $9,355 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $3,872,015 |
| Participant contributions at end of year | 2023-01-01 | $99,050 |
| Participant contributions at beginning of year | 2023-01-01 | $136,542 |
| Participant contributions at end of year | 2023-01-01 | $132,613 |
| Participant contributions at beginning of year | 2023-01-01 | $177,032 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $1,152,809 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-01-01 | $654 |
| Other income not declared elsewhere | 2023-01-01 | $594 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $6,791,375 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $18,422,842 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $11,631,467 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $1,093,143 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $689,058 |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $4,202,126 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $2,505,659 |
| Interest on participant loans | 2023-01-01 | $7,514 |
| Interest earned on other investments | 2023-01-01 | $3,333 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $12,596,341 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $7,943,316 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $242,158 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $120,547 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $184,543 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $624,308 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $1,797,695 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $1,631,804 |
| Employer contributions (assets) at end of year | 2023-01-01 | $57,411 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $59,313 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $2,417,927 |
| Contract administrator fees | 2023-01-01 | $68,751 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | PENSION ASSURANCE LLP |
| Accountancy firm EIN | 2023-01-01 | 300840934 |
| 2022 : VELOCITY GLOBAL 401(K) RETIREMENT PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $5,186,706 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,092,555 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,035,640 |
| Value of total corrective distributions | 2022-12-31 | $5,602 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $6,782,702 |
| Value of total assets at end of year | 2022-12-31 | $11,631,467 |
| Value of total assets at beginning of year | 2022-12-31 | $7,537,316 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $51,313 |
| Total interest from all sources | 2022-12-31 | $9,193 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $4,533 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $4,533 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $3,272,706 |
| Participant contributions at end of year | 2022-12-31 | $136,542 |
| Participant contributions at beginning of year | 2022-12-31 | $140,184 |
| Participant contributions at end of year | 2022-12-31 | $177,032 |
| Participant contributions at beginning of year | 2022-12-31 | $70,156 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $2,002,893 |
| Other income not declared elsewhere | 2022-12-31 | $-2,061 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $4,094,151 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $11,631,467 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $7,537,316 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $689,058 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $381,305 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $2,505,659 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $1,696,947 |
| Interest on participant loans | 2022-12-31 | $7,305 |
| Interest earned on other investments | 2022-12-31 | $1,888 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $7,943,316 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $5,107,111 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $120,547 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $110,178 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-123,488 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-365,146 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $-1,119,027 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $1,507,103 |
| Employer contributions (assets) at end of year | 2022-12-31 | $59,313 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $31,435 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,035,640 |
| Contract administrator fees | 2022-12-31 | $51,313 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | PENSION ASSURANCE LLP |
| Accountancy firm EIN | 2022-12-31 | 300840934 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $5,186,706 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,092,555 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,035,640 |
| Value of total corrective distributions | 2022-01-01 | $5,602 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $6,782,702 |
| Value of total assets at end of year | 2022-01-01 | $11,631,467 |
| Value of total assets at beginning of year | 2022-01-01 | $7,537,316 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $51,313 |
| Total interest from all sources | 2022-01-01 | $9,193 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $4,533 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $4,533 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $3,272,706 |
| Participant contributions at end of year | 2022-01-01 | $136,542 |
| Participant contributions at beginning of year | 2022-01-01 | $140,184 |
| Participant contributions at end of year | 2022-01-01 | $177,032 |
| Participant contributions at beginning of year | 2022-01-01 | $70,156 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $2,002,893 |
| Other income not declared elsewhere | 2022-01-01 | $-2,061 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $4,094,151 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $11,631,467 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $7,537,316 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $689,058 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $381,305 |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $2,505,659 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $1,696,947 |
| Interest on participant loans | 2022-01-01 | $7,305 |
| Interest earned on other investments | 2022-01-01 | $1,888 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $7,943,316 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $5,107,111 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $120,547 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $110,178 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-123,488 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-365,146 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $-1,119,027 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $1,507,103 |
| Employer contributions (assets) at end of year | 2022-01-01 | $59,313 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $31,435 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $1,035,640 |
| Contract administrator fees | 2022-01-01 | $51,313 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | PENSION ASSURANCE LLP |
| Accountancy firm EIN | 2022-01-01 | 300840934 |
| 2021 : VELOCITY GLOBAL 401(K) RETIREMENT PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $4,538,906 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $659,378 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $648,748 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,669,206 |
| Value of total assets at end of year | 2021-12-31 | $7,537,316 |
| Value of total assets at beginning of year | 2021-12-31 | $3,657,788 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $10,630 |
| Total interest from all sources | 2021-12-31 | $8,353 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $1,412 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $1,412 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $1,646,528 |
| Participant contributions at end of year | 2021-12-31 | $140,184 |
| Participant contributions at beginning of year | 2021-12-31 | $98,962 |
| Participant contributions at end of year | 2021-12-31 | $70,156 |
| Participant contributions at beginning of year | 2021-12-31 | $43,179 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,263,883 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $963 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $3,879,528 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $7,537,316 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,657,788 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $381,305 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $271,830 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $1,696,947 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $886,232 |
| Interest on participant loans | 2021-12-31 | $6,459 |
| Interest earned on other investments | 2021-12-31 | $1,894 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $5,107,111 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $2,225,669 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $110,178 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $112,449 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $49,215 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $263,604 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $547,116 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $758,795 |
| Employer contributions (assets) at end of year | 2021-12-31 | $31,435 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $19,467 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $647,785 |
| Contract administrator fees | 2021-12-31 | $10,630 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | PENSION ASSURANCE LLP |
| Accountancy firm EIN | 2021-12-31 | 300840934 |
| 2020 : VELOCITY GLOBAL 401(K) RETIREMENT PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $2,217,164 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $105,994 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $104,776 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
| Value of total corrective distributions | 2020-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,721,091 |
| Value of total assets at end of year | 2020-12-31 | $3,657,788 |
| Value of total assets at beginning of year | 2020-12-31 | $1,546,618 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,218 |
| Total income from rents | 2020-12-31 | $0 |
| Total interest from all sources | 2020-12-31 | $5,408 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,018 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $1,018 |
| Administrative expenses professional fees incurred | 2020-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $40,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
| Contributions received from participants | 2020-12-31 | $945,121 |
| Participant contributions at end of year | 2020-12-31 | $98,962 |
| Participant contributions at beginning of year | 2020-12-31 | $17,565 |
| Participant contributions at end of year | 2020-12-31 | $43,179 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $320,992 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
| Other income not declared elsewhere | 2020-12-31 | $0 |
| Administrative expenses (other) incurred | 2020-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $2,111,170 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $3,657,788 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $1,546,618 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-31 | $0 |
| Investment advisory and management fees | 2020-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $271,830 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $68,754 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $886,232 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $444,480 |
| Interest on participant loans | 2020-12-31 | $3,736 |
| Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
| Interest earned on other investments | 2020-12-31 | $1,672 |
| Income. Interest from US Government securities | 2020-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $2,225,669 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $993,178 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $112,449 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $22,641 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $46,236 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $119,584 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $323,827 |
| Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $454,978 |
| Employer contributions (assets) at end of year | 2020-12-31 | $19,467 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
| Income. Dividends from preferred stock | 2020-12-31 | $0 |
| Income. Dividends from common stock | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $104,776 |
| Contract administrator fees | 2020-12-31 | $1,218 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | PLANTE MORAN |
| Accountancy firm EIN | 2020-12-31 | 381357951 |
