Valmet, Inc. Retirement Savings Plan — Form 5500 plan (Valmet, Inc.)

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, Valmet, Inc. Retirement Savings Plan is a benefit plan reported by Valmet, Inc. under EIN 56-1508400 and plan number 024. The latest loaded filing year is 2023. The filing reports 2,616 participants and $390,749,845 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Valmet, Inc.
EIN
56-1508400
Plan number
024
Plan type
2
Location
Norcross, GA
Latest filing year
2023
Participants
2,616
End-of-year plan assets
$390,749,845

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,616H, C20241015140143NAL0029892865001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$390,749,845
Total liabilities (EOY)
$0
Net assets (EOY)
$390,749,845
Net assets (BOY)
$256,560,500

Income & contributions

Employer contributions
$4,689,769
Participant contributions
$15,559,559
Total contributions
$28,458,180
Total income / additions
$85,862,725

Expenses & distributions

Benefits paid
$38,397,821
Administrative expenses
$257,919
Total expenses
$38,640,682
Net increase / (decrease)
$47,222,043

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$262,319$02023

Related Form 5500 pages