Civic Intelligence

Velocity Asset Management Inc

Plan context: Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust

EIN 65-0008442 • Wall Township, NJ • 13 filings • 6 plans

1800 State Route 34Suite 305Wall Township, NJ 07719-9146
Current Snapshot

Latest Year

2022

2022 Participants

26

2022 Assets

$1,819,906

2022 Contributions

$270,635

Historical Graphs

Total Assets Over Time

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

$1,819,906$909,953$0200820152022YearValue
$1,819,906Latest year 2022

Participants Over Time

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

26130200820152022YearValue
26Latest year 2022

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
2022126$1,819,906$270,635$10,409iApproximate average salary by contribution assumption: employee only about $260,226 at 4% or $173,484 at 6%; with 50% employer match about $173,484 at 4% or $115,656 at 6%; with 100% employer match about $130,113 at 4% or $86,742 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-26$1,819,906$270,635$10,409iApproximate average salary by contribution assumption: employee only about $260,226 at 4% or $173,484 at 6%; with 50% employer match about $173,484 at 4% or $115,656 at 6%; with 100% employer match about $130,113 at 4% or $86,742 at 6%.
2020119$1,379,060$173,094$9,110iApproximate average salary by contribution assumption: employee only about $227,755 at 4% or $151,837 at 6%; with 50% employer match about $151,837 at 4% or $101,225 at 6%; with 100% employer match about $113,878 at 4% or $75,918 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-19$1,379,060$173,094$9,110iApproximate average salary by contribution assumption: employee only about $227,755 at 4% or $151,837 at 6%; with 50% employer match about $151,837 at 4% or $101,225 at 6%; with 100% employer match about $113,878 at 4% or $75,918 at 6%.
2019115$991,218$103,991$6,933iApproximate average salary by contribution assumption: employee only about $173,318 at 4% or $115,546 at 6%; with 50% employer match about $115,546 at 4% or $77,030 at 6%; with 100% employer match about $86,659 at 4% or $57,773 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-15$991,218$103,991$6,933iApproximate average salary by contribution assumption: employee only about $173,318 at 4% or $115,546 at 6%; with 50% employer match about $115,546 at 4% or $77,030 at 6%; with 100% employer match about $86,659 at 4% or $57,773 at 6%.
2018111$773,370$90,557$8,232iApproximate average salary by contribution assumption: employee only about $205,811 at 4% or $137,208 at 6%; with 50% employer match about $137,208 at 4% or $91,472 at 6%; with 100% employer match about $102,906 at 4% or $68,604 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-11$773,370$90,557$8,232iApproximate average salary by contribution assumption: employee only about $205,811 at 4% or $137,208 at 6%; with 50% employer match about $137,208 at 4% or $91,472 at 6%; with 100% employer match about $102,906 at 4% or $68,604 at 6%.
201717$708,354$57,742$8,249iApproximate average salary by contribution assumption: employee only about $206,221 at 4% or $137,481 at 6%; with 50% employer match about $137,481 at 4% or $91,654 at 6%; with 100% employer match about $103,111 at 4% or $68,740 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-7$708,354$57,742$8,249iApproximate average salary by contribution assumption: employee only about $206,221 at 4% or $137,481 at 6%; with 50% employer match about $137,481 at 4% or $91,654 at 6%; with 100% employer match about $103,111 at 4% or $68,740 at 6%.
2016114$585,347$23,095$1,650iApproximate average salary by contribution assumption: employee only about $41,241 at 4% or $27,494 at 6%; with 50% employer match about $27,494 at 4% or $18,329 at 6%; with 100% employer match about $20,621 at 4% or $13,747 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-14$585,347$23,095$1,650iApproximate average salary by contribution assumption: employee only about $41,241 at 4% or $27,494 at 6%; with 50% employer match about $27,494 at 4% or $18,329 at 6%; with 100% employer match about $20,621 at 4% or $13,747 at 6%.
201514$497,606$69,871$17,468iApproximate average salary by contribution assumption: employee only about $436,694 at 4% or $291,129 at 6%; with 50% employer match about $291,129 at 4% or $194,086 at 6%; with 100% employer match about $218,347 at 4% or $145,565 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-4$497,606$69,871$17,468iApproximate average salary by contribution assumption: employee only about $436,694 at 4% or $291,129 at 6%; with 50% employer match about $291,129 at 4% or $194,086 at 6%; with 100% employer match about $218,347 at 4% or $145,565 at 6%.
201417$438,941$59,230$8,461iApproximate average salary by contribution assumption: employee only about $211,536 at 4% or $141,024 at 6%; with 50% employer match about $141,024 at 4% or $94,016 at 6%; with 100% employer match about $105,768 at 4% or $70,512 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-7$438,941$59,230$8,461iApproximate average salary by contribution assumption: employee only about $211,536 at 4% or $141,024 at 6%; with 50% employer match about $141,024 at 4% or $94,016 at 6%; with 100% employer match about $105,768 at 4% or $70,512 at 6%.
201317$374,627$62,327$8,904iApproximate average salary by contribution assumption: employee only about $222,596 at 4% or $148,398 at 6%; with 50% employer match about $148,398 at 4% or $98,932 at 6%; with 100% employer match about $111,298 at 4% or $74,199 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-7$374,627$62,327$8,904iApproximate average salary by contribution assumption: employee only about $222,596 at 4% or $148,398 at 6%; with 50% employer match about $148,398 at 4% or $98,932 at 6%; with 100% employer match about $111,298 at 4% or $74,199 at 6%.
201217$278,612$56,518$8,074iApproximate average salary by contribution assumption: employee only about $201,850 at 4% or $134,567 at 6%; with 50% employer match about $134,567 at 4% or $89,711 at 6%; with 100% employer match about $100,925 at 4% or $67,283 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-7$278,612$56,518$8,074iApproximate average salary by contribution assumption: employee only about $201,850 at 4% or $134,567 at 6%; with 50% employer match about $134,567 at 4% or $89,711 at 6%; with 100% employer match about $100,925 at 4% or $67,283 at 6%.
201017$149,905$26,971$3,853iApproximate average salary by contribution assumption: employee only about $96,325 at 4% or $64,217 at 6%; with 50% employer match about $64,217 at 4% or $42,811 at 6%; with 100% employer match about $48,163 at 4% or $32,108 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-7$149,905$26,971$3,853iApproximate average salary by contribution assumption: employee only about $96,325 at 4% or $64,217 at 6%; with 50% employer match about $64,217 at 4% or $42,811 at 6%; with 100% employer match about $48,163 at 4% or $32,108 at 6%.
200918$110,164$55,712$6,964iApproximate average salary by contribution assumption: employee only about $174,100 at 4% or $116,067 at 6%; with 50% employer match about $116,067 at 4% or $77,378 at 6%; with 100% employer match about $87,050 at 4% or $58,033 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-8$110,164$55,712$6,964iApproximate average salary by contribution assumption: employee only about $174,100 at 4% or $116,067 at 6%; with 50% employer match about $116,067 at 4% or $77,378 at 6%; with 100% employer match about $87,050 at 4% or $58,033 at 6%.
2008110$70,294$31,115$3,112iApproximate average salary by contribution assumption: employee only about $77,788 at 4% or $51,858 at 6%; with 50% employer match about $51,858 at 4% or $34,572 at 6%; with 100% employer match about $38,894 at 4% or $25,929 at 6%.
Velocity Asset Management Inc 401(K) Profit Sharing Plan & Trust-10$70,294$31,115$3,112iApproximate average salary by contribution assumption: employee only about $77,788 at 4% or $51,858 at 6%; with 50% employer match about $51,858 at 4% or $34,572 at 6%; with 100% employer match about $38,894 at 4% or $25,929 at 6%.