Plan Ledger DOL Form 5500 · updated monthly

Valcourt Building Services, LLC401(k)

VALCOURT BUILDING SERVICES, LC 401(K) PLAN · MC LEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.51%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Valcourt Building Services, LLC reported $144,212 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,020 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.86% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 697th-largest of 2,266 plans among Virginia employers on file, and the 431st of 2,534 in administrative & support services. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 1,194 to 1,841 since 2022.

Plan summary
Net assets, end of year$32,256,778
Participants with balances571
Active participants1,841
Employer contributions$1,876,973
Employee contributions$3,555,951
Employer contribution per active participant$1,020
Average account balance$56,492
Benefits paid to participants$2,324,535
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.3M · 571 accts · $1.9M emplr
2023$24.7M · 484 accts · $1.5M emplr
2022$12.8M · 271 accts · $561K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,589
Investment management$61,623
Total administrative$144,212
The Valcourt Building Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,020
Median for plans this size$2,416
2024$1,020 per active participant
2023$861 per active participant
2022$470 per active participant

Valcourt Building Services, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$82,589
CREATIVE PLANNING, LLC · Investment advisory (plan)$61,613
COHNREZNICK LLP · Accounting / auditindirect comp
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$144,212 · 0.51%
2023$92,828 · 0.50%
2022$110,630 · 0.86%
Same employer
Similar plansAdministrative & Support Services · Virginia
Lakeland Holdings, LLC VA$74.5M · 0.20%
Markon, LLC VA$42.3M · 0.41%
The Bionetics Corporation VA$34.1M · 0.24%
Enserv, Inc. VA$24.3M · 0.37%
Gap Solutions, Inc. VA$21.9M · 0.67%
Kt Enterprises, Inc. VA$20.6M · 0.65%
Prosegur Sis USA, Inc. VA$20.5M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541850090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.