Plan Snapshot
- Plan Sponsor: Valley Distributors, INC. D/B/A Valley Beverage
- Sponsor EIN: 010324344
- Sponsor Address: P.O. BOX 2007, LEWISTON, ME, 04241
- Plan Type: 401(k)
- Total Participants: 131
- Total Assets: $15.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 131 | $15.9M | $284,845 | $484,982 |
| 2023 | 133 | $14.3M | $280,252 | $469,053 |
| 2022 | 120 | $12.0M | $271,861 | $475,779 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $63,427 | $37,629 | — | — | — |
| 2023 | $58,063 | $45,392 | — | — | — |
| 2022 | $58,125 | $43,327 | $14,798 | — | — |