Plan Ledger DOL Form 5500 · updated monthly

Valence Surface Technologies401(k)

VALENCE SURFACE TECHNOLOGIES 401(K) PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Valence Surface Technologies reported $158,493 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,054 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 rose from 0.54% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,606th-largest of 5,688 plans among Texas employers on file, and the 4,703rd of 13,661 in manufacturing. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,253,772
Participants with balances721
Active participants1,062
Employer contributions$1,119,455
Employee contributions$2,184,817
Employer contribution per active participant$1,054
Average account balance$39,187
Benefits paid to participants$3,349,033
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.3M · 721 accts · $1.1M emplr
2023$25.1M · 870 accts · $880K emplr
2022$21.0M · 846 accts · $571K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,621
Investment management$64,872
Total administrative$158,493
The Valence Surface Technologies 401(k) match · 2024
Employer contribution per active participant$1,054
Median for plans this size$2,416
2024$1,054 per active participant
2023$819 per active participant
2022$573 per active participant

Valence Surface Technologies'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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$93,621
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$64,872

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$158,493 · 0.59%
2023$125,613 · 0.55%
2022$124,192 · 0.54%
Similar plansManufacturing · Texas
Cimarron Energy, Inc. TX$28.4M · 0.52%
Exfo America Inc. TX$28.2M · 0.36%
Dfb Pharmaceuticals, LLC TX$27.9M · 0.07%
Yunex LLC TX$27.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474359966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.