Valley Distributors, Inc. Profit Sharing 401(K) Plan — Form 5500 plan (Valley Distributors, Inc. D/B/A Valley Beverage)
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, Valley Distributors, Inc. Profit Sharing 401(K) Plan is a benefit plan reported by Valley Distributors, Inc. D/B/A Valley Beverage under EIN 01-0324344 and plan number 002. The latest loaded filing year is 2023. The filing reports 173 participants and $14,275,922 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Valley Distributors, Inc. D/B/A Valley Beverage
- EIN
- 01-0324344
- Plan number
- 002
- Plan type
- 2
- Location
- Lewiston, ME
- Latest filing year
- 2023
- Participants
- 173
- End-of-year plan assets
- $14,275,922
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 173 | H, C | 20240612135215NAL0013869795001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,275,922
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,275,922
- Net assets (BOY)
- $12,016,858
Income & contributions
- Employer contributions
- $280,252
- Participant contributions
- $469,053
- Total contributions
- $861,330
- Total income / additions
- $2,853,702
Expenses & distributions
- Benefits paid
- $536,509
- Administrative expenses
- $58,063
- Total expenses
- $594,638
- Net increase / (decrease)
- $2,259,064
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sagepoint Financial Inc | INVESTMENT ADVISOR | $25,220 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $12,671 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $11,567 | not reported in the loaded dataset | 2023 |
| Osaic Wealth, Inc | INVESTMENT ADVISOR | $8,605 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Valley Distributors, Inc. D/B/A Valley Beverage
- 2023 Form 5500 filing
- Form 5500 filings in ME
- 401(k) and benefit plan filings in Lewiston, ME
- Sagepoint Financial Inc — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Osaic Wealth, Inc — Schedule C compensation