Plan Snapshot
- Plan Sponsor: Valsource, INC.
- Sponsor EIN: 232855010
- Sponsor Address: 918 HORSESHOE PIKE, DOWNINGTOWN, PA, 19355
- Plan Type: 401(k)
- Total Participants: 267
- Total Assets: $43.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 267 | $43.5M | $43,825 | $2.5M |
| 2023 | 210 | $37.7M | $46,147 | $2.3M |
| 2022 | 197 | $30.6M | $39,459 | $2.1M |
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 |
|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES LLC | INVESTMENT ADVISOR | $73,211 | — | $73,211 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $38,909 | — | $38,909 |
| PENTEGRA SERVICES INC | CONTRACT ADMIN | $24,786 | — | $24,786 |
| JULIAN SUR, CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JULIAN SUR, CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,906
- Estimated Expense Ratio: 0.315% 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 | $129,871 | — | $24,786 | — | — |
| 2023 | $87,040 | — | $8,632 | — | — |
| 2022 | $112,706 | $55,761 | — | — | — |