Plan Ledger DOL Form 5500 · updated monthly

Valley Stream Payroll Corp.401(k)

VALLEY STREAM PAYROLL CORP. 401K PLAN · VALLEY STREAM, NY · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Valley Stream Payroll Corp. reported $107,254 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,867 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 0.51% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,258th-largest of 5,648 plans among New York employers on file, and the 4,936th of 11,654 in professional & technical services. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,788,265
Participants with balances247
Active participants215
Employer contributions$616,447
Employee contributions$1,398,452
Employer contribution per active participant$2,867
Average account balance$96,309
Benefits paid to participants$2,647,470
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 247 accts · $616K emplr
2023$21.4M · 240 accts · $643K emplr
2022$18.2M · 238 accts · $705K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,828
Investment management$49,426
Total administrative$107,254
The Valley Stream Payroll Corp. 401(k) match · 2024
Employer contribution per active participant$2,867
Median for plans this size$2,416
2024$2,867 per active participant
2023$3,090 per active participant
2022$3,309 per active participant

Valley Stream Payroll Corp.'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
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$49,426
MORGAN STANLEY · Investment advisory (plan)$57,828
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$107,254 · 0.48%
2023$99,813 · 0.50%
2022$95,739 · 0.51%
Similar plansProfessional & Technical Services · New York
Netatwork, LLC NY$24.0M · 0.26%
Innovid LLC NY$23.9M · 0.60%
Janover, LLC NY$23.8M · 0.31%
Align Communications, Inc. NY$23.8M · 0.33%
Dattner Architects NY$23.8M · 0.01%
Lrn Corporation NY$23.8M · 0.23%
Octane Lending, Inc. NY$23.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113086769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.