Plan Snapshot
- Plan Sponsor: Value Line INC
- Sponsor EIN: 133139843
- Sponsor Address: 551 5TH AVENUE 3RD FLOOR, NEW YORK, NY, 10176
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 112
- Total Assets: $22.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 112 | $22.6M | $461,598 | $107,964 |
| 2023 | 112 | $21.7M | $416,007 | $49,898 |
| 2022 | 130 | $23.4M | $381,267 | $77,582 |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE | Recordkeeper | $44,517 | — | $44,517 |
| ALLIANT INSURANCE SERVICES INC | Investment Advisor | $25,000 | — | $25,000 |
| HOROWITZ & ULLMANN PC | Auditor | $24,666 | — | $24,666 |
| VALUE LINE INC DBA VALUE LINE PUBLI | Other Service Provider | $9,646 | — | $9,646 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,829
- Estimated Expense Ratio: 0.460% 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 | $92,778 | $25,000 | $41,257 | $19,875 | — |
| 2023 | $84,833 | $25,000 | $25,273 | $31,560 | — |
| 2022 | $93,108 | $43,747 | $4,430 | — | $44,931 |