Plan Snapshot
- Plan Sponsor: Valmet, INC.
- Sponsor EIN: 561508400
- Sponsor Address: 3720 DAVINCI COURT, SUITE 300, NORCROSS, GA, 30092
- Plan Type: DB
- Total Participants: 74
- Total Assets: $146.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 74 | $146.7M | $5.0M | $0 |
| 2023 | 83 | $142.0M | $5.2M | $0 |
| 2022 | 88 | $127.7M | $4.9M | $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 | $135,677 | — | — | — | — |
| 2023 | $127,361 | — | — | — | — |
| 2022 | $133,398 | — | — | — | $127,338 |