Vallen Distribution, Inc. 401(K) Plan — Form 5500 plan (Vallen Distribution, 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, Vallen Distribution, Inc. 401(K) Plan is a benefit plan reported by Vallen Distribution, Inc. under EIN 56-2281578 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,084 participants and $189,783,952 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Vallen Distribution, Inc.
- EIN
- 56-2281578
- Plan number
- 001
- Plan type
- 2
- Location
- Belmont, NC
- Latest filing year
- 2023
- Participants
- 3,084
- End-of-year plan assets
- $189,783,952
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,084 | H, C | 20240909100232NAL0002314019001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $189,783,952
- Net assets (EOY)
- $189,783,952
- Net assets (BOY)
- $166,510,956
Income & contributions
- Employer contributions
- $3,485,133
- Participant contributions
- $10,003,345
- Total contributions
- $14,462,776
- Total income / additions
- $40,930,342
Expenses & distributions
- Benefits paid
- $17,379,538
- Administrative expenses
- $277,769
- Total expenses
- $17,657,346
- Net increase / (decrease)
- $23,272,996
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Schwab Retirement Plan Services,Inc | NONE | $179,104 | not reported in the loaded dataset | 2023 |
| Capfinancial Partners, LLC | NONE | $80,266 | not reported in the loaded dataset | 2023 |
| Warren Averett LLC | NONE | $16,000 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $512 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Vallen Distribution, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Belmont, NC
- Schwab Retirement Plan Services,Inc — Schedule C compensation
- Capfinancial Partners, LLC — Schedule C compensation
- Warren Averett LLC — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation