Plan Snapshot
- Plan Sponsor: Valley Hope Association
- Sponsor EIN: 480728186
- Sponsor Address: 103 S. WABASH, NORTON, KS, 67654
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 912
- Total Assets: $29.2M
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. |
|---|---|---|---|---|
| 2025 | 912 | $29.2M | $0 | $0 |
| 2024 | 698 | $24.0M | $728,032 | $2.1M |
| 2023 | 666 | $20.4M | $687,655 | $1.9M |
| 2022 | 641 | $16.7M | $604,892 | $1.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $5,906 | — | $5,906 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,906
- Estimated Expense Ratio: 0.020% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $2,727,661 | — | — | — | — |
| 2024 | $5,019 | — | — | — | — |
| 2023 | $4,256 | — | — | — | — |
| 2022 | $6,356 | — | — | — | — |