Plan Snapshot
- Plan Sponsor: Valley Motors, INC.
- Sponsor EIN: 911950122
- Sponsor Address: 4701 MCHENRY AVE, MODESTO, CA, 95356
- Plan Type: 401(k)
- Total Participants: 189
- Total Assets: $8.7M
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 | 189 | $8.7M | $178,054 | $676,428 |
| 2023 | 188 | $7.6M | $154,749 | $736,091 |
| 2022 | 186 | $6.5M | $145,853 | $641,304 |
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 |
|---|---|---|---|---|
| ATHERTON AND ASSOCIATES | Auditor | — | — | $0 |
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 | $32,084 | $21,091 | — | — | — |
| 2023 | $26,562 | $17,639 | — | — | — |
| 2022 | $24,650 | $16,373 | $8,277 | — | — |