Plan Ledger DOL Form 5500 · updated monthly

Valenti Trobec Chandler, Inc.401(k)

VALENTI TROBEC CHANDLER, INC. 401(K) RETIREMENT PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Valenti Trobec Chandler, Inc. reported $67,796 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,079 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 0.25% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 805th-largest of 2,619 plans among Michigan employers on file, and 2,454th of 4,798 in finance & insurance. In 2024, employees put in $2.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,085,653
Participants with balances148
Active participants139
Employer contributions$427,998
Employee contributions$1,148,577
Employer contribution per active participant$3,079
Average account balance$196,525
Benefits paid to participants$2,972,087
Plan auditUnmodified (clean) audit opinion
AuditorIANNUZZI MANETTA & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$29.1M · 148 accts · $428K emplr
2023$27.5M · 147 accts · $425K emplr
2022$23.7M · 148 accts · $411K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,507
Investment management$40,289
Total administrative$67,796
The Valenti Trobec Chandler, Inc. 401(k) match · 2024
Employer contribution per active participant$3,079
Median for plans this size$2,416
2024$3,079 per active participant
2023$3,344 per active participant
2022$3,235 per active participant

Valenti Trobec Chandler, Inc.'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
RBC WEALTH MANAGEMENT · Investment advisory (plan)$40,289
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,507

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$67,796 · 0.24%
2023$62,553 · 0.24%
2022$66,278 · 0.25%
Similar plansFinance & Insurance · Michigan
Dart Bank MI$31.0M · 0.16%
Credit Union One MI$30.6M · 0.38%
Financial Plus Credit Union MI$30.4M · 0.53%
Elga Credit Union MI$29.5M · 0.27%
First Bank Upper Michigan MI$29.0M · 0.04%
Sterling Bank & Trust Fsb MI$29.0M · 0.22%
County National Bank MI$28.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382330200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.