Plan Ledger DOL Form 5500 · updated monthly

Valiant International, Inc.401(k)

VALIANT INTERNATIONAL, INC. DEFERRED COMPENSATION THRIFT PLAN · AUBURN HILLS, MI · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Valiant International, Inc. reported $2,356 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,510 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 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,019th-largest of 2,619 plans among Michigan employers on file, and the 5,826th of 13,661 in manufacturing. In 2023, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,579,677
Participants with balances257
Active participants188
Employer contributions$471,927
Employee contributions$1,478,310
Employer contribution per active participant$2,510
Average account balance$80,077
Benefits paid to participants$2,598,067
Plan auditUnmodified (clean) audit opinion
AuditorCARNAGHI & SCHWARK, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 222 accts · $319K emplr
2023$20.6M · 257 accts · $472K emplr
2022$17.7M · 246 accts · $456K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,356
Total administrative$2,356
The Valiant International, Inc. 401(k) match · 2023
Employer contribution per active participant$2,510
Median for plans this size$2,440
2024$2,398 per active participant
2023$2,510 per active participant
2022$2,564 per active participant

Valiant International, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,356

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$2,550 · 0.01%
2023$2,356 · 0.01%
2022$2,938 · 0.02%
Same employer
Similar plansManufacturing · Michigan
Nd Industries Inc MI$20.8M · 0.40%
Ilmor Engineering, Inc MI$20.7M · 0.22%
Th Plastics, Inc. MI$20.6M · 0.10%
Roman Manufacturing, Inc. MI$20.6M · 0.37%
Manthei, Inc. MI$20.1M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382494462 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.