Valdese Weavers, Llc 401(k) Plan (terminated 2021): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2021, when $39.6 million was transferred out of the plan. Assets moved to the CV INDUSTRIES 401K PLAN (sponsored by CV INDUSTRIES). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the CV INDUSTRIES 401K PLAN →Valdese Weavers, Llc 401(k) Login
Retirement plan providers can change. This information is from the plan's 2021 filing.
Valdese Weavers, Llc 401(k) Plan Facts (plan year 2021)
Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Apr 16, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2021
- $2.01 million went into the plan in contributions.
- $3.47 million was paid out to participants.
- Investment and other income added $6.63 million.
How the Valdese Weavers, Llc 401(k) changed, 2016–2021
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2016 | 946 | $25.8 million | — | $1.92 million |
| 2017 | 926 | $27.2 million | — | $928,371 |
| 2018 | 929 | $25.0 million | — | $2.86 million |
| 2019 | 923 | $30.5 million | — | $1.80 million |
| 2020 | 976 | $34.6 million | $0 | $1.91 million |
| 2021 (final) | 884 | — | — | $3.47 million |
Valdese Weavers, Llc 401(k) Contact Information
Questions about the Valdese Weavers, Llc 401(k)
Is the Valdese Weavers, Llc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the CV INDUSTRIES 401K PLAN.
Does Valdese Weavers, Llc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement.
Does the Valdese Weavers, Llc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Valdese Weavers, Llc 401(k) plan?
884 participants at the start of plan year 2021.
Who manages the Valdese Weavers, Llc 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.