Plan Snapshot
- Plan Sponsor: Valo Health INC.
- Sponsor EIN: 832616304
- Sponsor Address: 75 HAYDEN AVENUE, 2ND FLOOR, LEXINGTON, MA, 02421
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $17.6M
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 | 115 | $17.6M | $948,472 | $2.1M |
| 2023 | 117 | $13.0M | $898,041 | $2.3M |
| 2022 | 150 | $8.7M | $1.1M | $2.7M |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
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 | $53,718 | $17,456 | $36,262 | — | — |
| 2023 | $68,781 | $5,559 | $37,939 | — | — |
| 2022 | $36,484 | $34,960 | $1,524 | — | — |