Plan Snapshot
- Plan Sponsor: Valley Telephone Cooperative, INC.
- Sponsor EIN: 741207591
- Sponsor Address: 881 E. HIDALGO AVENUE, RAYMONDVILLE, TX, 78580
- Plan Type: 401(k)
- Total Participants: 197
- Total Assets: $13.8M
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 | 197 | $13.8M | $829,395 | $895,220 |
| 2023 | 209 | $12.7M | $730,476 | $797,034 |
| 2022 | 210 | $11.4M | $794,524 | $900,257 |
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 |
|---|---|---|---|---|
| TEXAS REGIONAL BANK | NONE | $18,257 | — | $18,257 |
| NEWPORT GROUP, INC. | NONE | $17,762 | — | $17,762 |
| HEARD, MCELROY & VESTAL, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HEARD, MCELROY & VESTAL, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,019
- Estimated Expense Ratio: 0.261% 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 | $36,019 | $18,257 | $17,762 | — | — |
| 2023 | $30,555 | $7,995 | $22,560 | — | — |
| 2022 | $27,322 | $13,958 | $13,364 | — | — |