2023 Form 5500 filing — Valmont Employee Retirement Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240628091722NAL0000407457001) for Valmont Employee Retirement Savings Plan, reported by Valmont Industries, Inc. under EIN 47-0351813 and plan number 003. It reports 7,804 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240628091722NAL0000407457001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Valmont Industries, Inc.
- EIN
- 47-0351813
- Plan number
- 003
- Location
- Omaha, NE
- Participants
- 7,804
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $607,380,327
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $607,380,327
- Employer contributions
- $19,408,192
- Participant contributions
- $38,684,794
- Total income / additions
- $136,426,868
- Benefits paid
- $69,300,576
- Administrative expenses
- $732,314
- Total expenses
- $70,041,790
- Net increase / (decrease)
- $66,385,078
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $431,142 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $217,881 | not reported in the loaded dataset |
| Nayya Health, Inc | OTHER SERVICES | $43,290 | not reported in the loaded dataset |
| Sagview Advisory Group, LLC | CONSULTANT | $40,000 | not reported in the loaded dataset |