Valor It Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Valor It 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, Valor It Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Valor It Inc under EIN 26-0085059 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,159 participants and $2,829,780 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Valor It Inc
EIN
26-0085059
Plan number
001
Plan type
2
Location
Phoenix, AZ
Latest filing year
2023
Participants
1,159
End-of-year plan assets
$2,829,780

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,159H, C20241015124859NAL0029683729001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,829,780
Total liabilities (EOY)
$0
Net assets (EOY)
$2,829,780
Net assets (BOY)
$2,035,391

Income & contributions

Employer contributions
$334,316
Participant contributions
$516,944
Total contributions
$1,017,436
Total income / additions
$1,419,467

Expenses & distributions

Benefits paid
$572,280
Administrative expenses
$39,785
Total expenses
$625,078
Net increase / (decrease)
$794,389

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Paychex, Inc.RECORDKEEPER$19,433not reported in the loaded dataset2023
Stonehenge Retirement Planners LLCADVISOR$10,994not reported in the loaded dataset2023
401k GenerationCONTRACT ADMINISTRATOR$8,483not reported in the loaded dataset2023

Related Form 5500 pages