Retirement plan

VALLEY CARTAGE COMPANY, INC. 401(K) P/S PLAN

Name: VALLEY CARTAGE COMPANY, INC. - VALLEY CARTAGE COMPANY, INC. 401(K) P/S PLAN (2024) Form 5500
Creator: VALLEY CARTAGE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VALLEY CARTAGE COMPANY, INC. 401(K) P/S PLAN, VALLEY CARTAGE COMPANY, INC.

VALLEY CARTAGE COMPANY, INC.EIN 39-1358351Plan #001PY 2024

721 1ST STREET - HUDSON, WI 54016651-894-7604

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$4.8M

+32.8% from 2023

Total participants

-20.0% from 2023

Average account balance

$55,619

+55.7% from 2023

Annual return

40.87%

+22.90 pp from 2023

Benchmarks

See 4,585 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,585 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.84M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

83.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$574K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+40.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$151

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
STANCORP FINANCIAL GROUP1 year Service code 12 · EIN 93-1253576	Claims processing; Direct payment fro...	$22,011
CHRISTENSEN GROUP FINANCIAL LLC1 year Filed as: CHRISTENSEN GROUP FINANCIAL, LLC Service code 27 · EIN 87-4130828	Advisory (Plan)	$10,233

Plan features & details

Pension benefit codes2E2F2G2J3H2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$13K

$247 / participant

Investment mgmt$10K78.1%
Contract admin$3K21.9%

% of EOY assets

0.271%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,619

$55,902-0.5%

$76,030-26.8%

$80,959-31.3%

Participation rate

83.0%

62.1%+21.0pp

69.1%+14.0pp

67.7%+15.4pp

Annual return

40.87%

20.59%+20.3pp

361.54%-320.7pp

35.67%+5.2pp

Employer contribution / active EE

$3,481

$1,867+86.5%

$2,688+29.5%

$2,757+26.2%

Participant deferral / active EE

$7,353

$3,051+141.0%

$4,257+72.7%

$4,300+71.0%

Admin fee / account holder

$151

$5,239-97.1%

$6,421-97.7%

$6,925-97.8%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP1 year

Service code 12 · EIN 93-1253576

Claims processing; Direct payment fro...

$22,011

CHRISTENSEN GROUP FINANCIAL LLC1 year

Filed as: CHRISTENSEN GROUP FINANCIAL, LLC

Service code 27 · EIN 87-4130828

Advisory (Plan)

$10,233

VALLEY CARTAGE COMPANY, INC. 401(K) P/S PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VALLEY CARTAGE COMPANY, INC. 401(K) P/S 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