Plan Ledger DOL Form 5500 · updated monthly

Vallorbs Jewel Company401(k)

VALCO 401(K) PLAN · NEW HOLLAND, PA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Vallorbs Jewel Company reported $54,059 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,313 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 0.38% to 0.35%. 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 1,717th-largest of 3,651 plans among Pennsylvania employers on file, and the 6,644th of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,660,925
Participants with balances228
Active participants199
Employer contributions$460,223
Employee contributions$960,450
Employer contribution per active participant$2,313
Average account balance$73,074
Benefits paid to participants$1,691,111
Plan auditUnmodified (clean) audit opinion
AuditorWALZ GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 228 accts · $460K emplr
2023$14.6M · 233 accts · $423K emplr
2022$11.5M · 219 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,103
Investment management$29,998
Trustee / custodial$4,958
Total administrative$54,059
The Vallorbs Jewel Company 401(k) match · 2024
Employer contribution per active participant$2,313
Median for plans this size$2,416
2024$2,313 per active participant
2023$2,137 per active participant
2022$1,905 per active participant

Vallorbs Jewel Company's 2024 employer contribution ran below 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 · 20246
CONRAD SIEGEL · Recordkeeping · Pension consulting$19,103
CONRAD SIEGEL INVESTMENT ADVISORS · Investment advisory (plan) · Participant communication$29,998
CHARLES SCHWAB & CO., INC. · Custodial (securities)$4,658
AMERICAN CENTURY INVESTMENT MANAGEM · Investment managementindirect comp
FIDELITY MANAGEMENT & RESEARCH COMP · Investment managementindirect comp
PUTNAM INVESTMENT MANAGEMENT, LLC · Investment managementindirect 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
2024Conrad Siegel
2023Conrad Siegel

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Administrative cost history3
2024$54,059 · 0.35%
2023$49,159 · 0.38%
2022$47,451 · 0.38%
Same employer
Similar plansManufacturing · Pennsylvania
Polytek Development Corp. PA$17.3M · 0.41%
Anro Inc. PA$17.2M · 0.42%
Channellock, Inc. PA$17.0M · 0.24%
Yuasa Battery, Inc. PA$16.9M · 0.04%
Kvk-Tech, Inc. PA$16.6M · 0.13%
Dyco, Inc. PA$16.6M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232192273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.