Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services 401(k) match, vesting and fees
What Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Cherry Bekaert LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,446 defined-contribution plans in administrative, support and waste management services with 100 to 499 participants.
| Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services: employer contribution per participant | $1,680 | |
| Peer median | $1,495 |
| Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services: average balance | $16,829 | |
| Peer median | $34,563 |
| Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services: admin expenses ÷ assets | 0.62% | |
| Peer median | 0.51% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $886K at the end of plan year 2022 to $3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 5,272 | $3M | $297K | $1,680 | 0.62% | Not published | Form 5500 ↗ |
| 2023 | 2,617 | $2.6M | $323K | $2,485 | 0.64% | Not published | Form 5500 ↗ |
| 2022 | 1,179 | $886K | $57K | $696 | 0.29% | Not published | Form 5500 ↗ |
Common questions
Does Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services match 401(k) contributions?
The match terms for the Velociti Services 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $297K in employer contributions, about $1,680 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services 401(k) match vested?
The vesting schedule for the Velociti Services 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services.
I left Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services, (404) 926-4222) or the recordkeeper, Principal Life Insurance Company. The Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services old 401(k) page lists the contacts from every plan filing. Find an old Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services 401(k)
Data from the public Form 5500 annual reports Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services filed with the U.S. Department of Labor (plan years 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Janco Fs2 LLC & Janco Fs3 LLC DBA Velociti Services. Not financial advice. Report a correction · Methodology