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Henrico Times

Friday, February 21, 2025

Henrico Times Publication Area: How many H-1B petitions were made by employers classified under the Finance and Insurance industry during 2024?

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Tammy Meckley, Associate Director, Immigration Records and Identity Services Directorate for USCIS | https://www.dhswatchlist.com/

Tammy Meckley, Associate Director, Immigration Records and Identity Services Directorate for USCIS | https://www.dhswatchlist.com/

Employers classified under the Finance and Insurance industry based within the Henrico Times publication area, submitted 780 H-1B petitions during 2024, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub. Of these, 777 were approved (99.6%), while three were denied (0.4%).

Employers are classified under industries based on their reported operations and may be involved in multiple industries.

The H-1B visa program allows U.S. employers to temporarily hire foreign workers in specialty occupations requiring specialized knowledge and at least a bachelor’s degree or equivalent. It is designed to address skill gaps in the U.S. workforce while ensuring wage standards to protect both U.S. and H-1B workers. Employers must certify that they will pay H-1B workers wages equal to or greater than those of similarly qualified U.S. employees or the prevailing local wage.

The average approval rate for H-1B petitions across the United States in 2024 stood at 98%, slightly higher than 2023's 97.3%. Locally, employers across all industries located within the Henrico Times publication area submitted 1,121 petitions during the same period, achieving an approval rate of 98.7%.

While the Finance and Insurance industry led the H-1B filings with 780 petitions, representing 69.6% of all submissions in the Henrico Times publication area during 2024, the next largest contributor was the Professional, Scientific, and Technical Services industry, which accounted for 241 petitions and represented 21.5% of the total. Among petitions from employers in the Professional, Scientific, and Technical Services industry, 96.3% were approved and 3.7% were denied.

The Henrico Times publication area employers with the most petitions categorized under the Finance and Insurance sector during 2024 included Capital One Services, LLC, which filed 364 petitions with an approval rate of 99.2%, Capital One National Association with 192 petitions and an approval rate of 100%, and Capital One Services, LLC, which filed 132 petitions with an approval rate of 100%.

Compared to 2023, the Finance and Insurance sector in the Henrico Times publication area saw an 8.5% increase in the number of H-1B petitions during 2024.

The United States admits around 1 million legal immigrants annually, most of whom receive permanent residence (green cards) through family sponsorship or employment-based visas. In 2023, about 1.2 million immigrants were granted green cards, a return to pre-pandemic levels. Temporary visa programs, such as the H-1B for highly skilled workers and H-2A for seasonal agricultural workers, also play a critical role in filling workforce needs.

Public opinion on immigration varies, with 46% of Americans favoring maintaining current legal immigration levels, according to a 2024 Pew Research Center survey. Additionally, 42% believe that highly skilled workers, such as scientists, doctors, and programmers, should be prioritized for legal immigration, compared to 25% who prioritize workers filling labor shortages and 19% who emphasize family sponsorship. Despite this, family sponsorship remains the most common path to permanent residency, accounting for 63% of green cards issued in 2023.

The data in this article comes from the H-1B Employer Data Hub provided by the U.S. Citizenship and Immigration Services (USCIS). While USCIS strives for accuracy, manual data entry and errors on paper forms submitted by applicants or petitioners may result in discrepancies in employer names, tax IDs, locations, or other details.

H-1B Petitions by Industry in the Henrico Times Publication Area, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Finance and Insurance78069.6%99.6%0.4%
2Professional, Scientific, and Technical Services24121.5%96.3%3.7%
3Retail Trade332.9%100%0%
4Manufacturing131.2%100%0%
5Transportation and Warehousing121.1%100%0%
6Administrative and Support and Waste Management and Remediation Services100.9%80%20%
7Health Care and Social Assistance80.7%87.5%12.5%
8Information60.5%100%0%
8Management of Companies and Enterprises60.5%100%0%
10Construction40.4%100%0%
10Wholesale Trade40.4%100%0%
12Arts, Entertainment, and Recreation10.1%100%0%
12Other Services (except Public Administration)10.1%100%0%
Employer H-1B Petitions in the Henrico Times Publication Area During 2024
Company NameIndustryTotal Petitions% Approved% Denied
Capital One Services, LLCFinance and Insurance50199.4%0.6%
Capital One National AssociationFinance and Insurance250100%0%
Global Sumi Technologies, Inc.Professional, Scientific, and Technical Services3497.1%2.9%
Carmax Enterprise Services Ces, LLCRetail Trade31100%0%
Smarton Solutions, Inc.Professional, Scientific, and Technical Services2588%12%
Logicroute, LLCProfessional, Scientific, and Technical Services2596%4%
Data Concepts, LLCProfessional, Scientific, and Technical Services19100%0%
Lorvenk Technologies, LLCProfessional, Scientific, and Technical Services1794.1%5.9%
Genworth North America CorporationFinance and Insurance16100%0%
Altria Client Services, LLCProfessional, Scientific, and Technical Services13100%0%
Estes Express LinesTransportation and Warehousing12100%0%
Logicatech, Inc.Professional, Scientific, and Technical Services8100%0%
Tag Information Technology ServiceProfessional, Scientific, and Technical Services7100%0%
Brinks IncorporatedAdministrative and Support and Waste Management and Remediation Services7100%0%
Schnabel Management Services, Inc.Management of Companies and Enterprises6100%0%
Artifiction, LLCProfessional, Scientific, and Technical Services6100%0%
American Infosys, Inc.Professional, Scientific, and Technical Services6100%0%
Alfa Laval, Inc.Manufacturing6100%0%
Apex Systems, LLCProfessional, Scientific, and Technical Services5100%0%
Itek Software, LLCProfessional, Scientific, and Technical Services580%20%
Govin Technologies, LLCProfessional, Scientific, and Technical Services4100%0%
Fulcrum Collaborations, LLCProfessional, Scientific, and Technical Services4100%0%
Elephant Insurance Services, LLCFinance and Insurance4100%0%
Hyper Solutions, Inc.Manufacturing4100%0%
2nd Order Solutions, Inc.Finance and Insurance4100%0%
VVM Infotech, LLCProfessional, Scientific, and Technical Services4100%0%
RLT TechnologiesInformation3100%0%
Tag Information Technology ServicesProfessional, Scientific, and Technical Services3100%0%
Tektycoon, LLCProfessional, Scientific, and Technical Services3100%0%
Mission Lane, LLCFinance and Insurance3100%0%
Aspire It Experts Solutions, LLCProfessional, Scientific, and Technical Services3100%0%
V-Envisage Solutions, Inc.Professional, Scientific, and Technical Services3100%0%
United Global Professional Services, Inc.Professional, Scientific, and Technical Services3100%0%
LL Flooring Holdings, Inc.Retail Trade2100%0%
Zytus, Inc.Professional, Scientific, and Technical Services2100%0%
Vital Projects and Marketing ServiProfessional, Scientific, and Technical Services2100%0%
United Global Professional ServiceProfessional, Scientific, and Technical Services2100%0%
The Advizor Group D B a Ithena, LLCProfessional, Scientific, and Technical Services2100%0%
Nimbusaitech, LLCProfessional, Scientific, and Technical Services2100%0%
The Advizor Group, LLCProfessional, Scientific, and Technical Services2100%0%
Nirsense, LLCProfessional, Scientific, and Technical Services2100%0%
Performance Food GroupWholesale Trade2100%0%
QSI Services, Inc.Professional, Scientific, and Technical Services2100%0%
Chemtreat, Inc.Manufacturing2100%0%
Digital Intelligent Systems CorporationProfessional, Scientific, and Technical Services250%50%
Datasire, LLCProfessional, Scientific, and Technical Services2100%0%
Eagle Construction of VA, LLCConstruction2100%0%
Cool Minds, LLCAdministrative and Support and Waste Management and Remediation Services20%100%
Bon Secours Medical Group RichmondHealth Care and Social Assistance2100%0%
Froehling & Robertson, Inc.Professional, Scientific, and Technical Services2100%0%
Best Smiles Dentist, PLLCHealth Care and Social Assistance250%50%
Aspire Experts Solutions, LLCProfessional, Scientific, and Technical Services2100%0%
AMC Technology, LLCInformation2100%0%
James River Management Company, Inc.Finance and Insurance2100%0%
Csxperts, LLCProfessional, Scientific, and Technical Services2100%0%
Spider Management Company, LLCFinance and Insurance1100%0%
Snagajob Com, Inc.Administrative and Support and Waste Management and Remediation Services1100%0%
Cobotiq, LLCProfessional, Scientific, and Technical Services1100%0%
Country Club of Virginia, Inc.Arts, Entertainment, and Recreation1100%0%
Techrarsolutions, Inc.Professional, Scientific, and Technical Services1100%0%
Civitas Health Services, Inc.Health Care and Social Assistance1100%0%
Cassen, Corp.Professional, Scientific, and Technical Services1100%0%
Topia, LLCManufacturing1100%0%
Carbonsoft, Inc.Professional, Scientific, and Technical Services1100%0%
WDM USA LimitedProfessional, Scientific, and Technical Services1100%0%
Wells Coleman and Company, LLPProfessional, Scientific, and Technical Services1100%0%
YPR Infotek, Inc.Professional, Scientific, and Technical Services1100%0%
Acoustical Solutions, LLCConstruction1100%0%
Kass Solutions, LLCProfessional, Scientific, and Technical Services1100%0%
Keiter Stephens Hurst Gary ShreaveProfessional, Scientific, and Technical Services1100%0%
LL Flooring Holdings D B a Lum, Inc.Retail Trade1100%0%
Idealsmile, LLCHealth Care and Social Assistance1100%0%
Global Infrastructure Services, LLCProfessional, Scientific, and Technical Services1100%0%
Glave and Holmes Architecture, PCProfessional, Scientific, and Technical Services1100%0%
Lu S Engineers, PLLCProfessional, Scientific, and Technical Services1100%0%
Nallapaneni Consultants, LLCConstruction1100%0%
Faith Landmarks MinisteriesOther Services (except Public Administration)1100%0%
P3 Fusion, Inc.Professional, Scientific, and Technical Services1100%0%
Parham Care Center, LLCHealth Care and Social Assistance1100%0%
Performance Food Group, Inc.Wholesale Trade1100%0%
Poole & Poole Architecture, LLCProfessional, Scientific, and Technical Services1100%0%
Proventus Analytics, LLCProfessional, Scientific, and Technical Services1100%0%
Rehabilitation Hospital Corporation of Americas, LLCHealth Care and Social Assistance1100%0%
Retaildata, LLCProfessional, Scientific, and Technical Services1100%0%
Rising Tides Solutions, LLCInformation1100%0%
Rites, LLCProfessional, Scientific, and Technical Services10%100%
RK Trading, Corp.Wholesale Trade1100%0%
D-Vital, LLCProfessional, Scientific, and Technical Services1100%0%

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