Plan Snapshot
- Plan Sponsor: Valley Joist, LLC
- Sponsor EIN: 631106232
- Sponsor Address: 2350 JORDAN ROAD SW, FORT PAYNE, AL, 35968
- Plan Type: 401(k)
- Total Participants: 230
- Total Assets: $5.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 230 | $5.5M | $495,701 | $588,003 |
| 2023 | 234 | $4.3M | $486,447 | $607,177 |
| 2022 | 265 | $3.2M | $249,896 | $424,062 |
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 |
|---|---|---|---|---|
| WARREN AVERETT, LLC. | Auditor | $21,000 | — | $21,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,000
- Estimated Expense Ratio: 0.382% 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 |
|---|---|---|---|---|---|
| 2024 | $42,036 | $10,243 | $10,793 | $21,000 | — |
| 2023 | $40,721 | $7,169 | $15,052 | $18,500 | — |
| 2022 | $15,488 | $5,741 | $9,747 | — | — |