Employers › Valmont Industries
Recordkeeping fees per participant · Valmont Employee Retirement Savings Plan · plan year 2024
$62.99
Higher than 69% of the 1,697 plans $250M to 1B that report it.
= $490,341 / 7,785
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250630115510NAL0027450754001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630115510NAL0027450754001, received 2025-06-30
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-30.
Administrative expenses excluding investment management, per participant
$79.34
Higher than 62% of the 2,324 plans $250M to 1B that report it.
= $617,681 / 7,785
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250630115510NAL0027450754001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630115510NAL0027450754001, received 2025-06-30
Administrative expenses per participant
$105.82
Higher than 63% of the 2,405 plans $250M to 1B that report it.
= $823,846 / 7,785
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250630115510NAL0027450754001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630115510NAL0027450754001, received 2025-06-30
Administrative expenses as a share of assets
0.124%
Higher than 76% of the 2,407 plans $250M to 1B that report it.
= $823,846 / $665,495,597
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250630115510NAL0027450754001, received 2025-06-30
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250630115510NAL0027450754001, received 2025-06-30
Employer contributions per participant
$2,411
Higher than 36% of the 2,457 plans $250M to 1B that report it.
= $18,766,164 / 7,785
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250630115510NAL0027450754001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630115510NAL0027450754001, received 2025-06-30
Employer share of total contributions
31.9%
Higher than 53% of the 2,459 plans $250M to 1B that report it.
= $18,766,164 / $58,804,881
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250630115510NAL0027450754001, received 2025-06-30
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250630115510NAL0027450754001, received 2025-06-30
Employer match
“The Company matches 75% of the first 6% of eligible compensation that a participant contributes to the Plan unless the participant is covered by a collective bargaining agreement, in which case the agreement’s terms apply.”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, contributions · source document
Vesting
“Vesting in the Company’s matching contributions and related earnings occurs at a rate of 25% per year of service, with full vesting after four years.”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“Employees who do not make an affirmative deferral election are automatically enrolled with a pre-tax deferral of 6% of their eligible compensation.”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2F ERISA 404(c) plan · 2G fully participant-directed · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 2E profit-sharing · 3D IRS pre-approved plan · 2J 401(k) feature · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250630115510NAL0027450754001, received 2025-06-30
| Field | Value | Source |
|---|---|---|
| Plan sponsor | VALMONT INDUSTRIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Plan name | VALMONT EMPLOYEE RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Sponsor EIN / plan number | 47-0351813 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Sponsor location | OMAHA, NE | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Industry (business code) | 332900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Filing received | 2025-06-30 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Participants, beginning of year | 7,903 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Active participants | 6,316 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Participants, end of year | 8,095 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Participants with an account balance | 7,785 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Total assets, beginning of year | $607,380,327 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Total assets, end of year | $665,495,597 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Net assets, end of year | $665,493,543 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Total income | $143,326,698 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Net income | $58,113,216 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Employer contributions | $18,766,164 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Participant contributions | $37,661,593 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Other contributions (incl. rollovers) | $2,377,124 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Total contributions | $58,804,881 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Benefit payments | $84,372,648 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Total expenses (incl. benefit payments) | $85,213,482 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Total administrative expenses | $823,846 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Contract administrator fees | $5,100 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Recordkeeping fees | $490,341 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Investment advisory and management fees | $206,165 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Administrative expenses excluding investment management | $617,681 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Held in common/collective trusts | $479,809,387 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Held in mutual funds | $139,845,497 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250630115510NAL0027450754001, received 2025-06-30 |
| Independent auditor | DELOITTE & TOUCHE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250630115510NAL0027450754001, received 2025-06-30 |
Position = column in the DOL layout for form year 2024. Filing 20250630115510NAL0027450754001, received 2025-06-30.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $495,420 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $206,165 | no |
| SAGVIEW ADVISORY GROUP, LLC | CONSULTANT | 16 Consulting (general) | $80,000 | no |
| NAYYA HEALTH, INC | OTHER SERVICES | 49 Other services | $42,240 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250630115510NAL0027450754001, received 2025-06-30.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $607,380,327 | $665,495,597 | 9.6% |
| Participants with a balance | 7,750 | 7,785 | 0.5% |
| Administrative expenses | $732,314 | $823,846 | 12.5% |
| Recordkeeping fees per participant | $55.28 | $62.99 | 13.9% |
| Employer contributions | $19,408,192 | $18,766,164 | -3.3% |
Prior filing 20240628091722NAL0000407457001, received 2024-06-28; the plan years are contiguous.
Sponsor name as filed: VALMONT INDUSTRIES, INC.; SEC registrant: VALMONT INDUSTRIES INC (CIK 102729, matched by EIN; display name from the Form 11-K cover).