Plan Ledger DOL Form 5500 · updated monthly

Valentino U.S.A., Inc401(k)

VALENTINO U.S.A., INC. 401(K) RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Valentino U.S.A., Inc reported $93,694 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,417 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 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (2,971st of 5,648), and 2,371st of 4,246 in wholesale trade. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 248 to 299 since 2022.

Plan summary
Net assets, end of year$14,942,402
Participants with balances269
Active participants299
Employer contributions$722,826
Employee contributions$1,440,297
Employer contribution per active participant$2,417
Average account balance$55,548
Benefits paid to participants$1,747,737
Plan auditUnmodified (clean) audit opinion
AuditorRUSSON AND JOHNSTON CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 269 accts · $723K emplr
2023$12.5M · 268 accts · $557K emplr
2022$9.8M · 268 accts · $575K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,966
Investment management$53,891
Total administrative$93,694
The Valentino U.S.A., Inc 401(k) match · 2024
Employer contribution per active participant$2,417
Median for plans this size$2,416
2024$2,417 per active participant
2023$1,961 per active participant
2022$2,318 per active participant

Valentino U.S.A., 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 · 20243
CETERA INVESTMENT ADVISORS LLC · Investment advisory (plan)$53,891
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,966
LEAFHOUSE · Investment advisory (participants)$6,837

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$93,694 · 0.68%
2023$73,582 · 0.66%
2022$67,040 · 0.65%
Same employer
Similar plansWholesale Trade · New York
Index Exchange USA, LLC NY$15.7M · 0.46%
Leonard Bus Sales, Inc. NY$15.7M · 0.37%
Wm. B. Morse Lumber Co. NY$15.5M · 0.42%
Jacmel Jewelry, Inc. NY$15.0M · 0.05%
Amerex Group, LLC NY$14.7M · 0.26%
Ba Sports Nutrition, LLC NY$14.6M · 0.19%
Krinos Foods, LLC NY$14.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133924430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.