Valkyrie Enterprises, LLC 401(k) Review & Grade
Valkyrie Enterprises 401(k) Plan
Virginia Beach, VAPublic Administration726 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,817Employer $ per active participant
$9,083Employee $ saved per active participant
0.31%Direct admin cost, % of plan assets
$87.4MNet plan assets, end of year
$100,660Average balance per account
Score breakdown
- Employer generosity44.1 / 5088th percentile for employer $ per participant
- Low cost9.9 / 2540th percentile for low admin cost vs. same-size plans
- Employee saving12.4 / 1583th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score59 / 100 · Grade C
This plan vs. peers
Peers: all industries, plans with 500–2,499 active participants (fewer than 30 industry peers) (10,919 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 88th |
| Lower admin cost | 40th |
| Employee saving | 83th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($12,510 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Valkyrie Enterprises put in about $5,817 per active participant, more than the typical peer ($1,749). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,220,284 |
| Participant (employee) contributions | $6,589,703 |
| Other contributions (incl. rollovers in) | $7,642,503 |
| Administrative expenses paid from the plan | $251,498 |
| Contract administrator fees | $251,498 |
| Benefits paid out | $16,371,932 |
| Net assets, start / end of year | $75.6M / $87.4M |
| Active participants, start / end of year | 727 / 724 |
| Participants with account balances | 868 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Windham Brannon LLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $251,498 reported compensation |
| Ubs Financial Services Inc | $82,824 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014155127NAL0001645283001, received 2025-10-14, EIN 06-1818880, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.