Missouri › Professional, scientific and technical services › 100 to 249 participants
Form 5500 statement · plan year 1 Jan 2020 to 31 Dec 2020
Valorem LLC Retirement Plan
Sponsored by Valorem LLC, Kansas City, MO
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Valorem LLC of Kansas City, Missouri sponsors Valorem LLC Retirement Plan, a 401(k) plan. Its Form 5500 for the plan year ending 31 Dec 2020 shows 224 participants (172 active) and $0 in net assets.
The employer contributed $801K during the year, or $4,659 per active participant against a same-size median of $2,447; participants contributed $1.3M and $3,757 arrived as rollovers and other contributions. Benefits paid out totalled $401K.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $57K: $255 per participant, well above the same-size median of $194. Administrative expenses charged to the plan were $57K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $3.0M in 2017 to $0 in 2025 (down 100%), and participants from 174 to 224 (up 29%).
The independent accountant's opinion on the financial statements was disclaimer, from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer. The filing is marked as the final return for the plan.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | — | $60,185 | $73,951 | $53,102 |
| Employer contributions per active participant | $4,659 | $2,447 | $3,219 | $2,175 |
| Schedule C compensation per participant | $255 | $194 | $148 | $123 |
| Schedule C compensation, share of net assets | — | 0.32% | 0.22% | 0.26% |
| Administrative expenses per participant | $255 | $176 | $140 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), professional, scientific and technical services (9,776) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 224 | $0 | $0 | $801K | $1.3M | $57K |
| 2019 | 227 | $6.2M | $27,524 | $702K | $1.1M | $53K |
| 2018 | 217 | $4.3M | $19,636 | $999K | $1.1M | $43K |
| 2017 | 174 | $3.0M | $17,029 | $296K | $823K | $31K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$6,247,566
- Employer contributions$801,372
- Participant contributions$1,339,298
- Rollovers and other contributions$3,757
- Total contributions$2,144,427
- Total income, including investment results$3,358,733
- Benefits paid$400,853
- Administrative expenses$57,229
- Total expenses$458,082
- Net income$2,900,651
- Net transfers−$9,148,217
- Net assets, end of year$0
Participants
- Active participants172
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits52
- Participants with account balances179
- Total participants, end of year224
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Alerus Financial, N.A. | Recordkeeping and information management; Trustee (bank, trust company, or similar financial institution); Trustee (discretionary) | $32,532 | $0 |
| Commonwealth Equity Services, Inc. | Investment advisory (participants); Investment advisory (plan) | $24,697 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$32,532
- Investment advisory and management fees$24,697
- Total administrative expenses$57,229
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$8.2M · 88.4%
- Receivables$871K · 9.4%
- Common/collective trusts$143K · 1.5%
- Cash (interest and non-interest bearing)$62K · 0.7%
Audit and compliance answers, as filed
- Accountant's opinionDisclaimer
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmPickett, Chaney & McMullen LLP
- Participant contributions reported as transmitted lateYes, $1,292
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearYes
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2RParticipant-directed brokerage accounts provided as an investment option under the plan2TTotal or partial participant-directed account plan with a default investment account3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 541600: Management, Scientific, & Technical Consulting Services.
Similar plans in Missouri
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Multistudio Inc. 401(k) Profit Sharing Plan | Multistudio, Inc. | 227 | $30.4M | $133,803 |
| Trekk Design Group LLC 401(k) Profit Sharing Plan and Trust | Trekk Design Group LLC | 223 | $14.2M | $63,563 |
| David Mason & Associates, Inc. 401(k) Profit Sharing Plan | David Mason & Associates, Inc. | 228 | $12.6M | $55,398 |
| Pgav Savings and Investment Plan | Peckham Guyton Albers & Viets, Inc. | 223 | $60.5M | $271,503 |
| Osborn and Barr Communications, Inc. Employees Stock Ownership Plan | Osborn & Barr Communications, Inc. | 230 | $2.4M | $10,312 |
| Permanent Equity 401(k) Plan | Solution Holdings, L.L.C. | 223 | $6.0M | $26,940 |
Defined contribution plans in professional, scientific and technical services closest in size.
Questions and answers
How big is Valorem LLC Retirement Plan?
224 participants at the end of the plan year ending 31 Dec 2020, of whom 172 were active employees, with net assets of $0. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does Valorem LLC contribute per participant?
The filing reports $801,372 in employer contributions for the year, which is $4,659 per active participant; the median for plans of the same type and size was $2,447 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $57,229 in compensation to service provider organisations, $255 per participant. The same-size median among plans reporting any Schedule C compensation was $194 per participant. Administrative expenses on Schedule H were $57,229. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Valorem LLC. Recordkeeping or administration: Alerus Financial, N.A.. Investment advisory or management: Commonwealth Equity Services, Inc.. Trustee or custodian: Alerus Financial, N.A.. The financial statements were audited by Pickett, Chaney & McMullen LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an disclaimer opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. A disclaimer of opinion was the usual result of a limited-scope audit under the rules in force before 2021 and is not by itself a finding about the plan.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2020 to 31 Dec 2020, received by the Department of Labor on 22 Jul 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 27-0390305, plan 001, received 22 Jul 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.