Plan Snapshot
- Plan Sponsor: Vallourec Holdings, INC.
- Sponsor EIN: 760133933
- Sponsor Address: 2107 CITYWEST BLVD, SUITE 1300, HOUSTON, TX, 77042
- Plan Type: 401(k)
- Total Participants: 1,881
- Total Assets: $361.2M
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 | 1,881 | $361.2M | $12.0M | $15.6M |
| 2023 | 1,941 | $334.2M | $14.7M | $14.5M |
| 2022 | 1,804 | $281.5M | $13.8M | $13.7M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $202,061 | — | $202,061 |
| MBG RETIREMENT | NONE | $80,000 | — | $80,000 |
| MELTON & MELTON, LLP | NONE | $14,000 | — | $14,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $296,061
- Estimated Expense Ratio: 0.082% 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 | $397,824 | — | — | $14,000 | — |
| 2023 | $369,736 | — | — | $2,000 | — |
| 2022 | $424,274 | $103,297 | — | — | $14,100 |