Plan Snapshot
- Plan Sponsor: Valor It INC
- Sponsor EIN: 260085059
- Sponsor Address: 13430 N BLACK CANYON HWY STE 250, PHOENIX, AZ, 850291356
- Plan Type: 401(k)
- Total Participants: 229
- Total Assets: $2.7M
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 | 229 | $2.7M | $286,203 | $470,428 |
| 2023 | 694 | $2.8M | $334,316 | $516,944 |
| 2022 | 904 | $2.0M | $349,610 | $554,316 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $22,251 | — | $22,251 |
| STONEHENGE RETIREMENT PLANNERS LLC | Investment Advisor | $14,643 | — | $14,643 |
| 401K GENERATION | Recordkeeper | $10,041 | — | $10,041 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,935
- Estimated Expense Ratio: 1.723% 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 | $53,464 | $14,680 | $37,924 | — | — |
| 2023 | $39,785 | $11,009 | $27,916 | — | — |
| 2022 | $19,923 | — | $19,923 | — | — |