Plan Ledger DOL Form 5500 · updated monthly

Valsource, Inc.401(k)

VALSOURCE, INC. 401(K) PLAN · DOWNINGTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Valsource, Inc. reported $129,871 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $164 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 0.34% to 0.32%. 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 887th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,088th of 11,654 in professional & technical services. In 2024, employees put in $57.43 for every $1.00 the employer contributed; active participation has grown from 197 to 267 since 2022.

Plan summary
Net assets, end of year$43,526,994
Participants with balances299
Active participants267
Employer contributions$43,825
Employee contributions$2,516,867
Employer contribution per active participant$164
Average account balance$145,575
Benefits paid to participants$2,827,200
Plan auditUnmodified (clean) audit opinion
AuditorJULIAN SUR, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$43.5M · 299 accts · $44K emplr
2023$37.7M · 233 accts · $46K emplr
2022$30.6M · 269 accts · $39K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,871
Total administrative$129,871
The Valsource, Inc. 401(k) match · 2024
Employer contribution per active participant$164
Median for plans this size$2,416
2024$164 per active participant
2023$220 per active participant
2022$200 per active participant

Valsource, 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
COMMONWEALTH EQUITY SERVICES LLC · Investment advisory (plan)$73,211
PENTEGRA SERVICES INC · Contract administrator$24,786

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$129,871 · 0.32%
2023$87,040 · 0.25%
2022$112,706 · 0.34%
All plans at this employer2
VALSOURCE, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
VALSOURCE, INC. 401(K) PLAN401(k)
Same employer
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Rawle & Henderson, LLP PA$43.8M · 0.07%
Rettew Associates, Inc. PA$43.3M · 0.37%
Novatech, L.L.C. PA$42.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232855010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.