Valid Usa, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2012. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Valid Usa, Inc. 401(k) Plan Facts (plan year 2012)

Plan name
VELU'S COMPANIES 401(K)/PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VALID USA, INC.
Participants
1,427 (1,030 active employees)
Former employees with a balance
178
Plan assets
$17,243,879 at Dec 31, 2012
Average account balance
$29,885 across 577 accounts
Plan year
Jan 1, 2012 – Dec 31, 2012
Plan established
Aug 1, 1991
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2012 (Jan 1, 2012 – Dec 31, 2012), filed Oct 23, 2014. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2012

  • $704,247 went into the plan in contributions.
  • $1.10 million was paid out to participants.
  • Investment and other income added $1.65 million.
  • Administrative expenses were $21,681, about $38 per account.

How the Valid Usa, Inc. 401(k) changed, 2009–2012

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20091,467$16.5 million$39,712$2.34 million
20101,467$17.5 million—$1.65 million
20111,343$16.0 million—$1.78 million
20121,427$17.2 million—$1.10 million

Valid Usa, Inc. 401(k) Contact Information

Phone
630-852-8200
Mailing address
220 FENCL LANE, HILLSIDE IL 60162
Plan sponsor
VALID USA, INC.
Employer identification number (EIN)
36-3154350
Plan number
001

Questions about the Valid Usa, Inc. 401(k)

Is the Valid Usa, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2012, and no later filing was found under this employer's EIN.

Does Valid Usa, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Valid Usa, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Valid Usa, Inc 401(k) plan?

1,427 participants at the start of plan year 2012, 1,030 of them active employees, and 178 former employees who still had money in the plan.

What is the average 401(k) balance at Valid Usa, Inc?

About $29,885 per account: $17.2 million in plan assets across 577 accounts with a balance at the end of plan year 2012.

Who manages the Valid Usa, Inc 401(k) accounts?

Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.

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