Plan Ledger DOL Form 5500 · updated monthly

Valley Power Systems, Inc.401(k)

VALLEY POWER SYSTEMS, INC. PROFIT SHARING & PRE-TAX SAVINGS PLAN · CITY OF INDUSTRY, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Valley Power Systems, Inc. reported $56,786 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.28% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,749th-largest of 9,483 plans among California employers on file, and the 6,088th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$19,157,572
Participants with balances234
Active participants158
Employer contributions$0
Employee contributions$926,879
Employer contribution per active participant$0
Average account balance$81,870
Benefits paid to participants$2,427,780
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 234 accts
2023$19.1M · 252 accts · $100K emplr
2022$18.8M · 255 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,057
Investment management$40,729
Total administrative$56,786
The Valley Power Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Valley Power Systems, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
MMA SECURITIES · Investment advisory (plan)$33,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,057
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,229

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$56,786 · 0.30%
2023$53,855 · 0.28%
2022$59,669 · 0.28%
Same employer
Similar plansManufacturing · California
Coast Aluminum, Inc. CA$19.4M · 0.66%
See's Candy Shops, Inc. CA$19.2M · 0.01%
Express Manufacturing, Inc. CA$19.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951589118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.