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VALLEY OFFICE SYSTEMS 401(K) PLAN 401k Plan overview

Plan NameVALLEY OFFICE SYSTEMS 401(K) PLAN
Plan identification number 001

VALLEY OFFICE SYSTEMS 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

LOCAHAN, LLC DBA VALLEY OFFICE SYSTEMS has sponsored the creation of one or more 401k plans.

Company Name:LOCAHAN, LLC DBA VALLEY OFFICE SYSTEMS
Employer identification number (EIN):831060312
NAIC Classification:453210
NAIC Description:Office Supplies and Stationery Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VALLEY OFFICE SYSTEMS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01COLLEEN HANSEN2024-05-15
0012023-01-01COLLEEN HANSEN2024-02-02
0012022-01-01COLLEEN HANSEN2023-06-27
0012021-01-01COLLEEN HANSEN2022-10-04
0012021-01-01COLLEEN HANSEN2022-10-04
0012020-01-01COLLEEN HANSEN2021-09-29
0012019-01-01COLLEEN HANSEN2020-09-18
0012018-01-01COLLEEN HANSEN2019-10-10

Plan Statistics for VALLEY OFFICE SYSTEMS 401(K) PLAN

401k plan membership statisitcs for VALLEY OFFICE SYSTEMS 401(K) PLAN

Measure Date Value
2024: VALLEY OFFICE SYSTEMS 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-1596
Total number of particpants at end of year2024-05-150
Number of Participants With Account Balances2024-05-150
Total number of particpants at beginning of year2024-02-0287
Total number of particpants at end of year2024-02-0296
Number of Participants With Account Balances2024-02-0253

Financial Data on VALLEY OFFICE SYSTEMS 401(K) PLAN

Measure Date Value
2024 : VALLEY OFFICE SYSTEMS 401(K) PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-05-150
Total liabilities as of the beginning of the plan year2024-05-15190
Total expenses incurred by plan in this plan year2024-05-151159373
Net assets as of the end of the plan year2024-05-150
Total assets as of the beginning of the plan year2024-05-151090870
Value of plan covered by a fidelity bond2024-05-15100000
Participant contributions to plan in this plan year2024-05-1520980
Other income to plan in this plan year2024-05-1547713
Plan net income in this plan year2024-05-15-1090680
Net assets as of the end of the plan year2024-05-150
Net assets as of the beginning of the plan year2024-05-151090680
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-151043
Total liabilities as of the end of the plan year2024-02-02190
Total expenses incurred by plan in this plan year2024-02-0272667
Net assets as of the end of the plan year2024-02-021090870
Total assets as of the beginning of the plan year2024-02-02733048
Value of plan covered by a fidelity bond2024-02-02100000
Participant contributions to plan in this plan year2024-02-02203069
Other contributions to plan in this plan year2024-02-0234110
Other income to plan in this plan year2024-02-02174312
Plan net income in this plan year2024-02-02357632
Net assets as of the end of the plan year2024-02-021090680
Net assets as of the beginning of the plan year2024-02-02733048
Employer contributions to plan in this plan year2024-02-0218808
Expensese paid to adminstrative service provicers from plan in this plan year2024-02-022910

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