Plan Ledger DOL Form 5500 · updated monthly

Valiant Artificial Lift Solution401(k)

VALIANT ARTIFICIAL LIFT SOLUTIONS 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Valiant Artificial Lift Solution reported $26,460 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $3,190 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 0.27% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oklahoma (399th of 724), and 8,755th of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,043,083
Participants with balances124
Active participants122
Employer contributions$389,173
Employee contributions$698,127
Employer contribution per active participant$3,190
Average account balance$80,993
Benefits paid to participants$550,137
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 124 accts · $389K emplr
2023$8.4M · 106 accts · $323K emplr
2022$6.6M · 106 accts · $353K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,460
Total administrative$26,460
The Valiant Artificial Lift Solution 401(k) match · 2024
Employer contribution per active participant$3,190
Median for plans this size$1,313
2024$3,190 per active participant
2023$2,833 per active participant
2022$3,176 per active participant

Valiant Artificial Lift Solution's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$20,502
ADP, INC. · Loan processing · Recordkeeping$5,957

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$26,460 · 0.29%
2023$20,429 · 0.27%
2022$20,386 · 0.27%
Same employer
Similar plansManufacturing · Oklahoma
Covercraft Industries,Llc. OK$11.3M · 0.12%
Nucera Solutions, LLC OK$10.6M · 0.68%
Champagne Metals, LLC OK$10.3M · 0.15%
Clements Foods Company OK$9.8M · 0.14%
S&R Compression LLC OK$9.5M · 0.11%
Cupid Foundations, Inc. OK$9.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811828685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.