Plan Ledger DOL Form 5500 · updated monthly

Valdes Engineering Company401(k)

VALDES ENGINEERING COMPANY RETIREMENT PLAN · LOMBARD, IL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Valdes Engineering Company reported $74,570 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,551 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 3 years on file its reported administrative ratio has held roughly steady near 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,338th-largest of 3,702 plans among Illinois employers on file, and the 4,259th of 11,654 in professional & technical services. In 2024, employees put in $3.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,259,760
Participants with balances261
Active participants152
Employer contributions$387,772
Employee contributions$1,420,499
Employer contribution per active participant$2,551
Average account balance$112,106
Benefits paid to participants$2,643,939
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 261 accts · $388K emplr
2023$25.2M · 295 accts · $338K emplr
2022$20.3M · 284 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,655
Investment management$46,915
Total administrative$74,570
The Valdes Engineering Company 401(k) match · 2024
Employer contribution per active participant$2,551
Median for plans this size$2,416
2024$2,551 per active participant
2023$2,098 per active participant
2022$1,243 per active participant

Valdes Engineering Company's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20242
ASCENSUS LLC · Recordkeeping$27,655
CREATIVE PLANNING. · Investment advisory (plan)$46,915

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$74,570 · 0.27%
2023$63,341 · 0.28%
2022$64,095 · 0.28%
Same employer
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Wi-Tronix, LLC IL$30.4M · 0.11%
G. H. Smart & Company, LLC IL$29.7M · 0.17%
Ipc International, Inc. IL$29.6M · 0.50%
Vista Consulting Group, LLC IL$29.2M · 0.00%
Mueller & Co., LLP IL$28.5M · 0.07%
Amount, Inc. IL$28.4M · 0.18%
Enfusion LTD. LLC IL$28.2M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363841246 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.