2023 Form 5500 filing — Valmet, Inc. Pension Plan And Trust

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 20241015100509NAL0016110579001) for Valmet, Inc. Pension Plan And Trust, reported by Valmet Inc. under EIN 56-1508400 and plan number 001. It reports 1,993 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20241015100509NAL0016110579001
Filing year
2023
Form type
2
Plan sponsor
Valmet Inc.
EIN
56-1508400
Plan number
001
Location
Norcross, GA
Participants
1,993
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$78,790,928
Total liabilities (EOY)
$13,402
Net assets (EOY)
$78,777,526
Employer contributions
$7,623,549
Total income / additions
$16,484,973
Benefits paid
$6,897,963
Administrative expenses
$6,506
Total expenses
$6,904,469
Net increase / (decrease)
$9,580,504
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$6,506$0

Related Form 5500 pages