Valsource, Inc. 401(K) Plan — Form 5500 plan (Valsource, Inc.)
Plain-English plan 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, Valsource, Inc. 401(K) Plan is a benefit plan reported by Valsource, Inc. under EIN 23-2855010 and plan number 002. The latest loaded filing year is 2023. The filing reports 200 participants and $37,736,120 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Valsource, Inc.
- EIN
- 23-2855010
- Plan number
- 002
- Plan type
- 2
- Location
- Downingtown, PA
- Latest filing year
- 2023
- Participants
- 200
- End-of-year plan assets
- $37,736,120
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 200 | H, C | 20241015092213NAL0048646576001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $37,736,120
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,736,120
- Net assets (BOY)
- $30,570,848
Income & contributions
- Employer contributions
- $46,147
- Participant contributions
- $2,268,217
- Total contributions
- $3,042,844
- Total income / additions
- $8,039,199
Expenses & distributions
- Benefits paid
- $786,887
- Administrative expenses
- $87,040
- Total expenses
- $873,927
- Net increase / (decrease)
- $7,165,272
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Commonwealth Equity Services LLC | INVESTMENT ADVISOR | $30,421 | not reported in the loaded dataset | 2023 |
| Transamerica Retirement Solutions | RECORD KEEPER | $25,463 | $0 | 2023 |
| Commonwealth Financial Network | INVESTMENT ADVISORY PLAN | $23,827 | not reported in the loaded dataset | 2023 |
| Pentegra Services Inc | CONTRACT ADMIN | $8,632 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $2,168 | $0 | 2023 |
| Pentegra Services Inc | OTHER | $16 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Valsource, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Downingtown, PA
- Commonwealth Equity Services LLC — Schedule C compensation
- Transamerica Retirement Solutions — Schedule C compensation
- Commonwealth Financial Network — Schedule C compensation
- Pentegra Services Inc — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation