Retirement plan

VALENTI-HELD CONTRACTOR/DEVELOPER, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: VALENTI-HELD CONTRACTOR/DEVELOPER, INC. - VALENTI-HELD CONTRACTOR/DEVELOPER, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: VALENTI-HELD CONTRACTOR/DEVELOPER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VALENTI-HELD CONTRACTOR/DEVELOPER, INC. EMPLOYEE STOCK OWNERSHIP PLAN, VALENTI-HELD CONTRACTOR/DEVELOPER, INC.

VALENTI-HELD CONTRACTOR/DEVELOPER, INC.EIN 35-1457294Plan #002PY 2023

3961 PERRY BLVD. - WHITESTOWN, IN 46075317-769-2911valentiheld.comLinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$4.0M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$20.7M

+77.0% from 2022

Total participants

-19.8% from 2022

Average account balance

$299,733

+120.7% from 2022

Annual return

74.61%

+49.17 pp from 2022

Benchmarks

See 18,032 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,032 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$20.68M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$345K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$423K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-2.04%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$3570

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2P2Q3I

Plan features

2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$358K

$5964 / participant

Other / not subdivided$358K100.0%

% of EOY assets

1.730%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$299,733

$73,988+305.1%

$96,538+210.5%

$75,177+298.7%

Participation rate

100.0%

66.4%+33.6pp

74.3%+25.7pp

67.2%+32.8pp

Annual return

74.61%

26.73%+47.9pp

35.74%+38.9pp

160.75%-86.1pp

Employer contribution / active EE

$7,044

$2,930+140.4%

$3,740+88.3%

$2,671+163.7%

Participant deferral / active EE

$3,660-100.0%

$4,880-100.0%

$4,126-100.0%

Admin fee / account holder

$5,186

$5,220-0.6%

$6,737-23.0%

$5,651-8.2%

VALENTI-HELD CONTRACTOR/DEVELOPER, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VALENTI-HELD CONTRACTOR/DEVELOPER, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion