Civic Intelligence

Velis Associates Inc.

Plan context: Velis Group 401(K) Profit Sharing Plan

EIN 32-0011193 • Lindenhurst, NY • 22 filings • 2 plans

151 South 14th StreetLindenhurst, NY 11757
Current Snapshot

Latest Year

2024

2024 Participants

15

2024 Assets

$5,552,218

2024 Contributions

$209,426

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$5,552,218$2,776,109$0200320142024YearValue
$5,552,218Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

44220200320142024YearValue
15Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024115$5,552,218$209,426$13,962iApproximate average salary by contribution assumption: employee only about $349,043 at 4% or $232,696 at 6%; with 50% employer match about $232,696 at 4% or $155,130 at 6%; with 100% employer match about $174,522 at 4% or $116,348 at 6%.
Velis Group 401(K) Profit Sharing Plan-15$5,552,218$209,426$13,962iApproximate average salary by contribution assumption: employee only about $349,043 at 4% or $232,696 at 6%; with 50% employer match about $232,696 at 4% or $155,130 at 6%; with 100% employer match about $174,522 at 4% or $116,348 at 6%.
2023115$4,600,006$191,359$12,757iApproximate average salary by contribution assumption: employee only about $318,932 at 4% or $212,621 at 6%; with 50% employer match about $212,621 at 4% or $141,747 at 6%; with 100% employer match about $159,466 at 4% or $106,311 at 6%.
Velis Group 401(K) Profit Sharing Plan-15$4,600,006$191,359$12,757iApproximate average salary by contribution assumption: employee only about $318,932 at 4% or $212,621 at 6%; with 50% employer match about $212,621 at 4% or $141,747 at 6%; with 100% employer match about $159,466 at 4% or $106,311 at 6%.
2022117$3,756,506$194,640$11,449iApproximate average salary by contribution assumption: employee only about $286,235 at 4% or $190,824 at 6%; with 50% employer match about $190,824 at 4% or $127,216 at 6%; with 100% employer match about $143,118 at 4% or $95,412 at 6%.
Velis Group 401(K) Profit Sharing Plan-17$3,756,506$194,640$11,449iApproximate average salary by contribution assumption: employee only about $286,235 at 4% or $190,824 at 6%; with 50% employer match about $190,824 at 4% or $127,216 at 6%; with 100% employer match about $143,118 at 4% or $95,412 at 6%.
2021117$4,689,970$198,961$11,704iApproximate average salary by contribution assumption: employee only about $292,590 at 4% or $195,060 at 6%; with 50% employer match about $195,060 at 4% or $130,040 at 6%; with 100% employer match about $146,295 at 4% or $97,530 at 6%.
Velis Group 401(K) Profit Sharing Plan-17$4,689,970$198,961$11,704iApproximate average salary by contribution assumption: employee only about $292,590 at 4% or $195,060 at 6%; with 50% employer match about $195,060 at 4% or $130,040 at 6%; with 100% employer match about $146,295 at 4% or $97,530 at 6%.
2020117$3,753,604$196,254$11,544iApproximate average salary by contribution assumption: employee only about $288,609 at 4% or $192,406 at 6%; with 50% employer match about $192,406 at 4% or $128,271 at 6%; with 100% employer match about $144,304 at 4% or $96,203 at 6%.
Velis Group 401(K) Profit Sharing Plan-17$3,753,604$196,254$11,544iApproximate average salary by contribution assumption: employee only about $288,609 at 4% or $192,406 at 6%; with 50% employer match about $192,406 at 4% or $128,271 at 6%; with 100% employer match about $144,304 at 4% or $96,203 at 6%.
2019117$3,016,823$173,987$10,235iApproximate average salary by contribution assumption: employee only about $255,863 at 4% or $170,575 at 6%; with 50% employer match about $170,575 at 4% or $113,717 at 6%; with 100% employer match about $127,932 at 4% or $85,288 at 6%.
Velis Group 401(K) Profit Sharing Plan-17$3,016,823$173,987$10,235iApproximate average salary by contribution assumption: employee only about $255,863 at 4% or $170,575 at 6%; with 50% employer match about $170,575 at 4% or $113,717 at 6%; with 100% employer match about $127,932 at 4% or $85,288 at 6%.
2018115$2,239,845$150,290$10,019iApproximate average salary by contribution assumption: employee only about $250,483 at 4% or $166,989 at 6%; with 50% employer match about $166,989 at 4% or $111,326 at 6%; with 100% employer match about $125,242 at 4% or $83,494 at 6%.
Velis Group 401(K) Profit Sharing Plan-15$2,239,845$150,290$10,019iApproximate average salary by contribution assumption: employee only about $250,483 at 4% or $166,989 at 6%; with 50% employer match about $166,989 at 4% or $111,326 at 6%; with 100% employer match about $125,242 at 4% or $83,494 at 6%.
2017114$2,292,863$135,077$9,648iApproximate average salary by contribution assumption: employee only about $241,209 at 4% or $160,806 at 6%; with 50% employer match about $160,806 at 4% or $107,204 at 6%; with 100% employer match about $120,604 at 4% or $80,403 at 6%.
Velis Group 401(K) Profit Sharing Plan-14$2,292,863$135,077$9,648iApproximate average salary by contribution assumption: employee only about $241,209 at 4% or $160,806 at 6%; with 50% employer match about $160,806 at 4% or $107,204 at 6%; with 100% employer match about $120,604 at 4% or $80,403 at 6%.
2016116$1,905,057$133,845$8,365iApproximate average salary by contribution assumption: employee only about $209,133 at 4% or $139,422 at 6%; with 50% employer match about $139,422 at 4% or $92,948 at 6%; with 100% employer match about $104,566 at 4% or $69,711 at 6%.
Velis Group 401(K) Profit Sharing Plan-16$1,905,057$133,845$8,365iApproximate average salary by contribution assumption: employee only about $209,133 at 4% or $139,422 at 6%; with 50% employer match about $139,422 at 4% or $92,948 at 6%; with 100% employer match about $104,566 at 4% or $69,711 at 6%.
2015116$1,648,730$134,704$8,419iApproximate average salary by contribution assumption: employee only about $210,475 at 4% or $140,317 at 6%; with 50% employer match about $140,317 at 4% or $93,544 at 6%; with 100% employer match about $105,238 at 4% or $70,158 at 6%.
Velis Group 401(K) Profit Sharing Plan-16$1,648,730$134,704$8,419iApproximate average salary by contribution assumption: employee only about $210,475 at 4% or $140,317 at 6%; with 50% employer match about $140,317 at 4% or $93,544 at 6%; with 100% employer match about $105,238 at 4% or $70,158 at 6%.
2014114$1,687,434$136,021$9,716iApproximate average salary by contribution assumption: employee only about $242,895 at 4% or $161,930 at 6%; with 50% employer match about $161,930 at 4% or $107,953 at 6%; with 100% employer match about $121,447 at 4% or $80,965 at 6%.
Velis Group 401(K) Profit Sharing Plan-14$1,687,434$136,021$9,716iApproximate average salary by contribution assumption: employee only about $242,895 at 4% or $161,930 at 6%; with 50% employer match about $161,930 at 4% or $107,953 at 6%; with 100% employer match about $121,447 at 4% or $80,965 at 6%.
2013114$1,492,272$121,973$8,712iApproximate average salary by contribution assumption: employee only about $217,809 at 4% or $145,206 at 6%; with 50% employer match about $145,206 at 4% or $96,804 at 6%; with 100% employer match about $108,904 at 4% or $72,603 at 6%.
Velis Group 401(K) Profit Sharing Plan-14$1,492,272$121,973$8,712iApproximate average salary by contribution assumption: employee only about $217,809 at 4% or $145,206 at 6%; with 50% employer match about $145,206 at 4% or $96,804 at 6%; with 100% employer match about $108,904 at 4% or $72,603 at 6%.
2012116$1,385,979$152,379$9,524iApproximate average salary by contribution assumption: employee only about $238,092 at 4% or $158,728 at 6%; with 50% employer match about $158,728 at 4% or $105,819 at 6%; with 100% employer match about $119,046 at 4% or $79,364 at 6%.
Velis Group 401(K) Profit Sharing Plan-16$1,385,979$152,379$9,524iApproximate average salary by contribution assumption: employee only about $238,092 at 4% or $158,728 at 6%; with 50% employer match about $158,728 at 4% or $105,819 at 6%; with 100% employer match about $119,046 at 4% or $79,364 at 6%.
2011116$1,131,672$141,153$8,822iApproximate average salary by contribution assumption: employee only about $220,552 at 4% or $147,034 at 6%; with 50% employer match about $147,034 at 4% or $98,023 at 6%; with 100% employer match about $110,276 at 4% or $73,517 at 6%.
Velis Group 401(K) Profit Sharing Plan-16$1,131,672$141,153$8,822iApproximate average salary by contribution assumption: employee only about $220,552 at 4% or $147,034 at 6%; with 50% employer match about $147,034 at 4% or $98,023 at 6%; with 100% employer match about $110,276 at 4% or $73,517 at 6%.
2010116$1,082,778$147,515$9,220iApproximate average salary by contribution assumption: employee only about $230,492 at 4% or $153,661 at 6%; with 50% employer match about $153,661 at 4% or $102,441 at 6%; with 100% employer match about $115,246 at 4% or $76,831 at 6%.
Velis Group 401(K) Profit Sharing Plan-16$1,082,778$147,515$9,220iApproximate average salary by contribution assumption: employee only about $230,492 at 4% or $153,661 at 6%; with 50% employer match about $153,661 at 4% or $102,441 at 6%; with 100% employer match about $115,246 at 4% or $76,831 at 6%.
2009117$860,907$147,176$8,657iApproximate average salary by contribution assumption: employee only about $216,435 at 4% or $144,290 at 6%; with 50% employer match about $144,290 at 4% or $96,193 at 6%; with 100% employer match about $108,218 at 4% or $72,145 at 6%.
Velis Group 401(K) Profit Sharing Plan-17$860,907$147,176$8,657iApproximate average salary by contribution assumption: employee only about $216,435 at 4% or $144,290 at 6%; with 50% employer match about $144,290 at 4% or $96,193 at 6%; with 100% employer match about $108,218 at 4% or $72,145 at 6%.
2008136$568,637$132,308$3,675iApproximate average salary by contribution assumption: employee only about $91,881 at 4% or $61,254 at 6%; with 50% employer match about $61,254 at 4% or $40,836 at 6%; with 100% employer match about $45,940 at 4% or $30,627 at 6%.
Velis Group 401(K) Profit Sharing Plan-36$568,637$132,308$3,675iApproximate average salary by contribution assumption: employee only about $91,881 at 4% or $61,254 at 6%; with 50% employer match about $61,254 at 4% or $40,836 at 6%; with 100% employer match about $45,940 at 4% or $30,627 at 6%.
2007143$0$0-
Velis Group 401(K) Profit Sharing Plan-43---
2006144$546,025$236,560$5,376iApproximate average salary by contribution assumption: employee only about $134,409 at 4% or $89,606 at 6%; with 50% employer match about $89,606 at 4% or $59,737 at 6%; with 100% employer match about $67,205 at 4% or $44,803 at 6%.
Velis Group 401(K) Profit Sharing Plan-44$546,025$236,560$5,376iApproximate average salary by contribution assumption: employee only about $134,409 at 4% or $89,606 at 6%; with 50% employer match about $89,606 at 4% or $59,737 at 6%; with 100% employer match about $67,205 at 4% or $44,803 at 6%.
2005144$266,050$102,598$2,332iApproximate average salary by contribution assumption: employee only about $58,294 at 4% or $38,863 at 6%; with 50% employer match about $38,863 at 4% or $25,909 at 6%; with 100% employer match about $29,147 at 4% or $19,431 at 6%.
Velis Group 401(K) Profit Sharing Plan-44$266,050$102,598$2,332iApproximate average salary by contribution assumption: employee only about $58,294 at 4% or $38,863 at 6%; with 50% employer match about $38,863 at 4% or $25,909 at 6%; with 100% employer match about $29,147 at 4% or $19,431 at 6%.
2004132$180,318$82,171$2,568iApproximate average salary by contribution assumption: employee only about $64,196 at 4% or $42,797 at 6%; with 50% employer match about $42,797 at 4% or $28,532 at 6%; with 100% employer match about $32,098 at 4% or $21,399 at 6%.
Velis Group 401(K) Profit Sharing Plan-32$180,318$82,171$2,568iApproximate average salary by contribution assumption: employee only about $64,196 at 4% or $42,797 at 6%; with 50% employer match about $42,797 at 4% or $28,532 at 6%; with 100% employer match about $32,098 at 4% or $21,399 at 6%.
2003136$80,369$68,017$1,889iApproximate average salary by contribution assumption: employee only about $47,234 at 4% or $31,489 at 6%; with 50% employer match about $31,489 at 4% or $20,993 at 6%; with 100% employer match about $23,617 at 4% or $15,745 at 6%.
Velis Group 401(K) Profit Sharing Plan-36$80,369$68,017$1,889iApproximate average salary by contribution assumption: employee only about $47,234 at 4% or $31,489 at 6%; with 50% employer match about $31,489 at 4% or $20,993 at 6%; with 100% employer match about $23,617 at 4% or $15,745 at 6%.