2023 Form 5500 filing — Valence Media, LLC 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240724141208NAL0008238659001) for Valence Media, LLC 401(K) Plan, reported by Valence Media, LLC. under EIN 84-3690657 and plan number 002. It reports 528 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240724141208NAL0008238659001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Valence Media, LLC.
- EIN
- 84-3690657
- Plan number
- 002
- Location
- Beverly Hills, CA
- Participants
- 528
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $35,756,889
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,756,889
- Employer contributions
- $197,951
- Participant contributions
- $911,582
- Total income / additions
- $7,139,472
- Benefits paid
- $8,103,896
- Administrative expenses
- $137,823
- Total expenses
- $8,241,719
- Net increase / (decrease)
- -$1,102,247
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Forest Capital Management LLC | ADVISOR | $58,326 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $45,885 | $0 |
| Fgmk, LLC | ACCOUNTANT/AUDITOR | $33,614 | not reported in the loaded dataset |