Valmet Inc, Defined Benefit 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, Defined Benefit Plan is a benefit plan reported by Valmet, Inc. under EIN 56-1508400 and plan number 333. The latest loaded filing year is 2023. The filing reports 1,110 participants and $142,000,905 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Valmet, Inc.
EIN
56-1508400
Plan number
333
Plan type
2
Location
Norcross, GA
Latest filing year
2023
Participants
1,110
End-of-year plan assets
$142,000,905

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,110H, C20241014082817NAL0052795042001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$142,000,905
Total liabilities (EOY)
$0
Net assets (EOY)
$142,000,905
Net assets (BOY)
$127,746,239

Income & contributions

Employer contributions
$5,245,131
Total contributions
$5,245,131
Total income / additions
$21,233,102

Expenses & distributions

Benefits paid
$6,851,075
Administrative expenses
$127,361
Total expenses
$6,978,436
Net increase / (decrease)
$14,254,666

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal FinancialTRUSTEE$127,361$02023

Related Form 5500 pages