Plan Ledger DOL Form 5500 · updated monthly

Valkyrie Enterprises, Inc.401(k)

VALKYRIE ENTERPRISES 401(K) PLAN · VIRGINIA BEACH, VA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Valkyrie Enterprises, Inc. reported $251,498 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,829 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 0.48% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other public administration employers. By assets it is the 318th-largest of 2,266 plans among Virginia employers on file, and the 8th of 90 in public administration. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,373,130
Participants with balances868
Active participants724
Employer contributions$4,220,284
Employee contributions$6,589,703
Employer contribution per active participant$5,829
Average account balance$100,660
Benefits paid to participants$16,371,932
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$87.4M · 868 accts · $4.2M emplr
2023$75.6M · 884 accts · $4.1M emplr
2022$49.4M · 697 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$251,498
Total administrative$251,498
The Valkyrie Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$5,829
Median for plans this size$3,635
2024$5,829 per active participant
2023$5,236 per active participant
2022$2,575 per active participant

Valkyrie Enterprises, Inc.'s 2024 employer contribution ran above the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$251,498
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp

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$251,498 · 0.31%
2023$241,696 · 0.39%
2022$210,887 · 0.48%
All plans at this employer2
VALKYRIE ENTERPRISES 401(K) PLAN401(k)
VALKYRIE ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 061818880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.