Plan Snapshot
- Plan Sponsor: Valmet INC.
- Sponsor EIN: 561508400
- Sponsor Address: 3720 DAVINCI COURT, NORCROSS, GA, 300927627
- Plan Type: DC
- Total Participants: 2,165
- Total Assets: $86.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,165 | $86.1M | $8.7M | $0 |
| 2023 | 1,517 | $78.8M | $7.6M | $0 |
| 2022 | 1,474 | $69.2M | $6.8M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SMITH & HOWARD, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $39,162 | — | $39,162 | — | — |
| 2023 | $6,506 | — | $6,506 | — | — |
| 2022 | $1,552 | — | $1,552 | — | — |