Plan Snapshot
- Plan Sponsor: Valley Sales, INC.
- Sponsor EIN: 411492158
- Sponsor Address: 7500 145TH STREET WEST, APPLE VALLEY, MN, 55124
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $12.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 146 | $12.0M | $171,770 | $603,212 |
| 2023 | 162 | $11.5M | $185,635 | $640,603 |
| 2022 | 162 | $11.9M | $160,483 | $566,721 |
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 |
|---|---|---|---|---|
| CUMMINGS, KEEGAN & CO., P.L.L.P. | 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 | $8,149 | — | — | — | — |
| 2023 | $29,948 | — | — | $23,000 | — |
| 2022 | $2,822 | — | — | — | — |