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VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 401k Plan overview

Plan NameVELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH
Plan identification number 502

VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)

401k Sponsoring company profile

VELACORP CONSOLIDATED has sponsored the creation of one or more 401k plans.

Company Name:VELACORP CONSOLIDATED
Employer identification number (EIN):742276250
NAIC Classification:446110
NAIC Description:Pharmacies and Drug Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022022-06-01
5022021-06-01
5022020-06-01
5022019-06-01
5022018-06-01
5022017-06-01DANNY VELA
5022016-06-01DANNY VELA
5022015-06-01DANNY VELA
5022014-06-01DANNY VELA
5022013-06-01DANNY VELA
5022012-06-01DANNY VELA
5022011-06-01DANNY VELA
5022010-06-01DANNY VELA
5022009-06-01DANNY VELA

Plan Statistics for VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH

401k plan membership statisitcs for VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH

Measure Date Value
2022: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2022 401k membership
Total participants, beginning-of-year2022-06-0147
Total number of active participants reported on line 7a of the Form 55002022-06-0141
Number of retired or separated participants receiving benefits2022-06-010
Number of other retired or separated participants entitled to future benefits2022-06-010
Total of all active and inactive participants2022-06-0141
2021: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2021 401k membership
Total participants, beginning-of-year2021-06-0148
Total number of active participants reported on line 7a of the Form 55002021-06-0145
Number of retired or separated participants receiving benefits2021-06-010
Number of other retired or separated participants entitled to future benefits2021-06-010
Total of all active and inactive participants2021-06-0145
2020: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2020 401k membership
Total participants, beginning-of-year2020-06-0150
Total number of active participants reported on line 7a of the Form 55002020-06-0148
Number of retired or separated participants receiving benefits2020-06-010
Number of other retired or separated participants entitled to future benefits2020-06-010
Total of all active and inactive participants2020-06-0148
2019: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2019 401k membership
Total participants, beginning-of-year2019-06-0152
Total number of active participants reported on line 7a of the Form 55002019-06-0153
Number of retired or separated participants receiving benefits2019-06-010
Number of other retired or separated participants entitled to future benefits2019-06-010
Total of all active and inactive participants2019-06-0153
2018: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2018 401k membership
Total participants, beginning-of-year2018-06-0149
Total number of active participants reported on line 7a of the Form 55002018-06-0143
Number of retired or separated participants receiving benefits2018-06-010
Number of other retired or separated participants entitled to future benefits2018-06-010
Total of all active and inactive participants2018-06-0143
2017: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2017 401k membership
Total participants, beginning-of-year2017-06-0153
Total number of active participants reported on line 7a of the Form 55002017-06-0146
Number of retired or separated participants receiving benefits2017-06-010
Number of other retired or separated participants entitled to future benefits2017-06-010
Total of all active and inactive participants2017-06-0146
2016: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2016 401k membership
Total participants, beginning-of-year2016-06-0157
Total number of active participants reported on line 7a of the Form 55002016-06-0159
Number of retired or separated participants receiving benefits2016-06-010
Number of other retired or separated participants entitled to future benefits2016-06-010
Total of all active and inactive participants2016-06-0159
2015: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2015 401k membership
Total participants, beginning-of-year2015-06-0150
Total number of active participants reported on line 7a of the Form 55002015-06-0159
Number of retired or separated participants receiving benefits2015-06-010
Number of other retired or separated participants entitled to future benefits2015-06-010
Total of all active and inactive participants2015-06-0159
2014: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2014 401k membership
Total participants, beginning-of-year2014-06-0157
Total number of active participants reported on line 7a of the Form 55002014-06-0150
Number of retired or separated participants receiving benefits2014-06-010
Number of other retired or separated participants entitled to future benefits2014-06-010
Total of all active and inactive participants2014-06-0150
2013: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2013 401k membership
Total participants, beginning-of-year2013-06-0153
Total number of active participants reported on line 7a of the Form 55002013-06-0155
Total of all active and inactive participants2013-06-0155
2012: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2012 401k membership
Total participants, beginning-of-year2012-06-0150
Total number of active participants reported on line 7a of the Form 55002012-06-0154
Total of all active and inactive participants2012-06-0154
2011: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2011 401k membership
Total participants, beginning-of-year2011-06-0154
Total number of active participants reported on line 7a of the Form 55002011-06-0160
Total of all active and inactive participants2011-06-0160
2010: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2010 401k membership
Total participants, beginning-of-year2010-06-0147
Total number of active participants reported on line 7a of the Form 55002010-06-0154
Total of all active and inactive participants2010-06-0154
2009: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2009 401k membership
Total participants, beginning-of-year2009-06-0157
Total number of active participants reported on line 7a of the Form 55002009-06-0149
Total of all active and inactive participants2009-06-0149
Total participants2009-06-0149

Financial Data on VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH

Measure Date Value
2023 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2023 401k financial data
Total income from all sources2023-05-31$195,809
Expenses. Total of all expenses incurred2023-05-31$195,913
Benefits paid (including direct rollovers)2023-05-31$181,983
Total plan assets at end of year2023-05-31$4,510
Total plan assets at beginning of year2023-05-31$4,614
Value of fidelity bond covering the plan2023-05-31$25,000
Expenses. Other expenses not covered elsewhere2023-05-31$13,930
Net income (gross income less expenses)2023-05-31$-104
Net plan assets at end of year (total assets less liabilities)2023-05-31$4,510
Net plan assets at beginning of year (total assets less liabilities)2023-05-31$4,614
Total contributions received or receivable from employer(s)2023-05-31$195,809
2022 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2022 401k financial data
Total income from all sources2022-05-31$427,622
Expenses. Total of all expenses incurred2022-05-31$425,880
Benefits paid (including direct rollovers)2022-05-31$409,563
Total plan assets at end of year2022-05-31$4,614
Total plan assets at beginning of year2022-05-31$2,872
Value of fidelity bond covering the plan2022-05-31$25,000
Expenses. Other expenses not covered elsewhere2022-05-31$16,317
Net income (gross income less expenses)2022-05-31$1,742
Net plan assets at end of year (total assets less liabilities)2022-05-31$4,614
Net plan assets at beginning of year (total assets less liabilities)2022-05-31$2,872
Total contributions received or receivable from employer(s)2022-05-31$427,622
2021 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2021 401k financial data
Total income from all sources2021-05-31$361,772
Expenses. Total of all expenses incurred2021-05-31$361,803
Benefits paid (including direct rollovers)2021-05-31$343,611
Total plan assets at end of year2021-05-31$2,872
Total plan assets at beginning of year2021-05-31$2,903
Value of fidelity bond covering the plan2021-05-31$25,000
Expenses. Other expenses not covered elsewhere2021-05-31$18,192
Net income (gross income less expenses)2021-05-31$-31
Net plan assets at end of year (total assets less liabilities)2021-05-31$2,872
Net plan assets at beginning of year (total assets less liabilities)2021-05-31$2,903
Total contributions received or receivable from employer(s)2021-05-31$361,772
2020 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2020 401k financial data
Total income from all sources2020-05-31$359,184
Expenses. Total of all expenses incurred2020-05-31$358,953
Benefits paid (including direct rollovers)2020-05-31$341,463
Total plan assets at end of year2020-05-31$2,903
Total plan assets at beginning of year2020-05-31$2,672
Value of fidelity bond covering the plan2020-05-31$25,000
Expenses. Other expenses not covered elsewhere2020-05-31$17,490
Net income (gross income less expenses)2020-05-31$231
Net plan assets at end of year (total assets less liabilities)2020-05-31$2,903
Net plan assets at beginning of year (total assets less liabilities)2020-05-31$2,672
Total contributions received or receivable from employer(s)2020-05-31$359,184
2019 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2019 401k financial data
Total income from all sources2019-05-31$184,562
Expenses. Total of all expenses incurred2019-05-31$184,519
Benefits paid (including direct rollovers)2019-05-31$168,043
Total plan assets at end of year2019-05-31$2,672
Total plan assets at beginning of year2019-05-31$2,629
Value of fidelity bond covering the plan2019-05-31$25,000
Expenses. Other expenses not covered elsewhere2019-05-31$16,476
Net income (gross income less expenses)2019-05-31$43
Net plan assets at end of year (total assets less liabilities)2019-05-31$2,672
Net plan assets at beginning of year (total assets less liabilities)2019-05-31$2,629
Total contributions received or receivable from employer(s)2019-05-31$184,562
2018 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2018 401k financial data
Total income from all sources2018-05-31$144,032
Expenses. Total of all expenses incurred2018-05-31$144,024
Benefits paid (including direct rollovers)2018-05-31$125,676
Total plan assets at end of year2018-05-31$2,629
Total plan assets at beginning of year2018-05-31$2,621
Value of fidelity bond covering the plan2018-05-31$25,000
Expenses. Other expenses not covered elsewhere2018-05-31$18,348
Net income (gross income less expenses)2018-05-31$8
Net plan assets at end of year (total assets less liabilities)2018-05-31$2,629
Net plan assets at beginning of year (total assets less liabilities)2018-05-31$2,621
Total contributions received or receivable from employer(s)2018-05-31$144,032
2017 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2017 401k financial data
Total income from all sources2017-05-31$153,519
Expenses. Total of all expenses incurred2017-05-31$150,948
Benefits paid (including direct rollovers)2017-05-31$128,595
Total plan assets at end of year2017-05-31$2,621
Total plan assets at beginning of year2017-05-31$50
Value of fidelity bond covering the plan2017-05-31$25,000
Expenses. Other expenses not covered elsewhere2017-05-31$22,353
Net income (gross income less expenses)2017-05-31$2,571
Net plan assets at end of year (total assets less liabilities)2017-05-31$2,621
Net plan assets at beginning of year (total assets less liabilities)2017-05-31$50
Total contributions received or receivable from employer(s)2017-05-31$153,519
2016 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2016 401k financial data
Total income from all sources2016-05-31$147,808
Expenses. Total of all expenses incurred2016-05-31$148,035
Benefits paid (including direct rollovers)2016-05-31$129,913
Total plan assets at end of year2016-05-31$50
Total plan assets at beginning of year2016-05-31$277
Value of fidelity bond covering the plan2016-05-31$25,000
Expenses. Other expenses not covered elsewhere2016-05-31$18,122
Net income (gross income less expenses)2016-05-31$-227
Net plan assets at end of year (total assets less liabilities)2016-05-31$50
Net plan assets at beginning of year (total assets less liabilities)2016-05-31$277
Total contributions received or receivable from employer(s)2016-05-31$147,808
2015 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2015 401k financial data
Total income from all sources2015-05-31$140,584
Expenses. Total of all expenses incurred2015-05-31$140,776
Benefits paid (including direct rollovers)2015-05-31$121,888
Total plan assets at end of year2015-05-31$277
Total plan assets at beginning of year2015-05-31$469
Value of fidelity bond covering the plan2015-05-31$25,000
Expenses. Other expenses not covered elsewhere2015-05-31$18,888
Net income (gross income less expenses)2015-05-31$-192
Net plan assets at end of year (total assets less liabilities)2015-05-31$277
Net plan assets at beginning of year (total assets less liabilities)2015-05-31$469
Total contributions received or receivable from employer(s)2015-05-31$140,584
2014 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2014 401k financial data
Total income from all sources2014-05-31$109,581
Expenses. Total of all expenses incurred2014-05-31$109,684
Benefits paid (including direct rollovers)2014-05-31$91,966
Total plan assets at end of year2014-05-31$469
Total plan assets at beginning of year2014-05-31$572
Value of fidelity bond covering the plan2014-05-31$25,000
Expenses. Other expenses not covered elsewhere2014-05-31$17,718
Net income (gross income less expenses)2014-05-31$-103
Net plan assets at end of year (total assets less liabilities)2014-05-31$469
Net plan assets at beginning of year (total assets less liabilities)2014-05-31$572
Total contributions received or receivable from employer(s)2014-05-31$109,581
2013 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2013 401k financial data
Total income from all sources2013-05-31$104,849
Expenses. Total of all expenses incurred2013-05-31$105,009
Benefits paid (including direct rollovers)2013-05-31$88,045
Total plan assets at end of year2013-05-31$572
Total plan assets at beginning of year2013-05-31$732
Value of fidelity bond covering the plan2013-05-31$25,000
Expenses. Other expenses not covered elsewhere2013-05-31$16,964
Net income (gross income less expenses)2013-05-31$-160
Net plan assets at end of year (total assets less liabilities)2013-05-31$572
Net plan assets at beginning of year (total assets less liabilities)2013-05-31$732
Total contributions received or receivable from employer(s)2013-05-31$104,849
2012 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2012 401k financial data
Total income from all sources2012-05-31$110,159
Expenses. Total of all expenses incurred2012-05-31$109,427
Benefits paid (including direct rollovers)2012-05-31$91,787
Total plan assets at end of year2012-05-31$732
Total plan assets at beginning of year2012-05-31$0
Value of fidelity bond covering the plan2012-05-31$25,000
Expenses. Other expenses not covered elsewhere2012-05-31$17,640
Net income (gross income less expenses)2012-05-31$732
Net plan assets at end of year (total assets less liabilities)2012-05-31$732
Net plan assets at beginning of year (total assets less liabilities)2012-05-31$0
Total contributions received or receivable from employer(s)2012-05-31$110,159
2011 : VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2011 401k financial data
Total income from all sources2011-05-31$120,150
Expenses. Total of all expenses incurred2011-05-31$120,150
Benefits paid (including direct rollovers)2011-05-31$100,794
Total plan assets at end of year2011-05-31$0
Value of fidelity bond covering the plan2011-05-31$10,000
Expenses. Other expenses not covered elsewhere2011-05-31$19,356
Net plan assets at end of year (total assets less liabilities)2011-05-31$0
Net plan assets at beginning of year (total assets less liabilities)2011-05-31$0
Total contributions received or receivable from employer(s)2011-05-31$120,150

Form 5500 Responses for VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH

2022: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2022 form 5500 responses
2022-06-01Type of plan entitySingle employer plan
2022-06-01Plan funding arrangement – TrustYes
2022-06-01Plan benefit arrangement - TrustYes
2021: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2021 form 5500 responses
2021-06-01Type of plan entitySingle employer plan
2021-06-01Plan funding arrangement – TrustYes
2021-06-01Plan benefit arrangement - TrustYes
2020: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2020 form 5500 responses
2020-06-01Type of plan entitySingle employer plan
2020-06-01Plan funding arrangement – TrustYes
2020-06-01Plan benefit arrangement - TrustYes
2019: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2019 form 5500 responses
2019-06-01Type of plan entitySingle employer plan
2019-06-01Plan funding arrangement – TrustYes
2019-06-01Plan benefit arrangement - TrustYes
2018: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2018 form 5500 responses
2018-06-01Type of plan entitySingle employer plan
2018-06-01Plan funding arrangement – TrustYes
2018-06-01Plan benefit arrangement - TrustYes
2017: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2017 form 5500 responses
2017-06-01Type of plan entitySingle employer plan
2017-06-01Plan funding arrangement – TrustYes
2017-06-01Plan benefit arrangement - TrustYes
2016: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2016 form 5500 responses
2016-06-01Type of plan entitySingle employer plan
2016-06-01Plan funding arrangement – TrustYes
2016-06-01Plan benefit arrangement - TrustYes
2015: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2015 form 5500 responses
2015-06-01Type of plan entitySingle employer plan
2015-06-01Plan funding arrangement – TrustYes
2015-06-01Plan benefit arrangement - TrustYes
2014: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2014 form 5500 responses
2014-06-01Type of plan entitySingle employer plan
2014-06-01Plan funding arrangement – TrustYes
2014-06-01Plan benefit arrangement - TrustYes
2013: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2013 form 5500 responses
2013-06-01Type of plan entitySingle employer plan
2013-06-01Plan funding arrangement – TrustYes
2013-06-01Plan benefit arrangement - TrustYes
2012: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2012 form 5500 responses
2012-06-01Type of plan entitySingle employer plan
2012-06-01Plan funding arrangement – TrustYes
2012-06-01Plan benefit arrangement - TrustYes
2011: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2011 form 5500 responses
2011-06-01Type of plan entitySingle employer plan
2011-06-01Plan funding arrangement – TrustYes
2011-06-01Plan benefit arrangement - TrustYes
2010: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2010 form 5500 responses
2010-06-01Type of plan entitySingle employer plan
2010-06-01Plan funding arrangement – TrustYes
2010-06-01Plan benefit arrangement - TrustYes
2009: VELACORP LTD DBA LEE'S PHARM. & MED. EQUIPMENT AND LEE'S PHARMACY NORTH 2009 form 5500 responses
2009-06-01Type of plan entitySingle employer plan
2009-06-01First time form 5500 has been submittedYes
2009-06-01Submission has been amendedNo
2009-06-01This submission is the final filingNo
2009-06-01This return/report is a short plan year return/report (less than 12 months)No
2009-06-01Plan is a collectively bargained planNo
2009-06-01Plan funding arrangement – TrustYes
2009-06-01Plan benefit arrangement - TrustYes

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