Plan Snapshot
- Plan Sponsor: Valmont Industries, INC.
- Sponsor EIN: 470351813
- Sponsor Address: 15000 VALMONT PLAZA, OMAHA, NE, 68154
- Plan Type: 401(k)
- Total Participants: 6,316
- Total Assets: $665.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 6,316 | $665.5M | $18.8M | $37.7M |
| 2023 | 6,155 | $607.4M | $19.4M | $38.7M |
| 2022 | 6,294 | $541.0M | $17.7M | $35.0M |
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 |
|---|---|---|---|---|
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLP — Auditor
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 | $823,846 | $206,165 | $5,100 | — | — |
| 2023 | $732,314 | $217,881 | $2,700 | — | — |
| 2022 | $782,857 | $244,714 | — | — | — |