Hagemeyer North America, Inc. 401(k) Plan: Login, Facts & Contact Information

Hagemeyer North America, Inc. 401(k) Plan Facts

Plan name
VALLEN DISTRIBUTION, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VALLEN DISTRIBUTION, INC. · formerly Hagemeyer North America, Inc.
Participants
3,055 (2,902 active employees)
Former employees with a balance
606
Plan assets
$240,253,395 at Dec 31, 2024
Average account balance
$71,419 across 3,364 accounts
Employer contributions
$4,182,054 in plan year 2024 (24% of all contributions)
Recordkeeper
Schwab Retirement Plan Services,inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jun 1, 2022
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $17.1 million went into the plan in contributions, $4.18 million of it from the employer (24%).
  • $25.9 million was paid out to participants.
  • Investment and other income added $26.2 million.
  • Administrative expenses were $306,354, about $91 per account.

How the Hagemeyer North America, Inc. 401(k) changed, 2013–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20133,188$164.8 million$2.79 million$10.8 million
20143,313$173.2 million$2.67 million$10.9 million
2015 (final)3,309$0$677,619$8.70 million
20222,426$166.5 million$1.23 million$9.39 million
20233,084$189.8 million$3.49 million$17.4 million
20243,055$240.3 million$4.18 million$25.9 million

Hagemeyer North America, Inc. 401(k) Contact Information

Phone
877-820-1017
Mailing address
2100 THE OAKS PKWY, BELMONT NC 28012
Plan sponsor
VALLEN DISTRIBUTION, INC.
Employer identification number (EIN)
56-2281578
Plan number
001

Questions about the Hagemeyer North America, Inc. 401(k)

Does Hagemeyer North America, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $4.18 million, 24% of all contributions.

Does the Hagemeyer North America, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Hagemeyer North America, Inc 401(k) plan?

3,055 participants at the start of plan year 2024, 2,902 of them active employees, and 606 former employees who still had money in the plan.

What is the average 401(k) balance at Hagemeyer North America, Inc?

About $71,419 per account: $240.3 million in plan assets across 3,364 accounts with a balance at the end of plan year 2024.

Who manages the Hagemeyer North America, Inc 401(k) accounts?

Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES,INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Hagemeyer North America, Inc. How do I access my 401(k)?

Your account stays with Schwab Retirement Plan Services after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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