Valley Markets, Inc. 401(k) Plan: Login, Facts & Contact Information

Valley Markets, Inc. 401(k) Plan Facts

Plan name
HUGO'S 401(K) PROFIT SHARING PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VALLEY MARKETS, INC.
Participants
782 (830 active employees)
Former employees with a balance
109
Plan assets
$17,885,769 at Dec 31, 2024
Average account balance
$56,780 across 315 accounts
Employer contributions
$197,956 in plan year 2024 (22% of all contributions)
Recordkeeper
Alerus Financial, N.a.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1993
✓ 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 28, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $920,755 went into the plan in contributions, $197,956 of it from the employer (22%).
  • $3.10 million was paid out to participants.
  • Investment and other income added $2.05 million.
  • Administrative expenses were $89,667, about $285 per account.

How the Valley Markets, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019771$19.3 million$242,955$3.47 million
2020781$21.9 million$257,932$1.29 million
2021750$22.3 million$203,179$3.18 million
2022717$16.6 million$564,569$2.84 million
2023752$18.1 million$204,742$1.66 million
2024782$17.9 million$197,956$3.10 million

Valley Markets, Inc. 401(k) Contact Information

Phone
701-772-5531
Mailing address
1950 32ND AVE SOUTH SUITE C, GRAND FORKS ND 58201
Plan sponsor
VALLEY MARKETS, INC.
Employer identification number (EIN)
45-0273731
Plan number
001

Questions about the Valley Markets, Inc. 401(k)

Does Valley Markets, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $197,956, 22% of all contributions.

Does the Valley Markets, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Valley Markets, Inc 401(k) plan?

782 participants at the start of plan year 2024, 830 of them active employees, and 109 former employees who still had money in the plan.

What is the average 401(k) balance at Valley Markets, Inc?

About $56,780 per account: $17.9 million in plan assets across 315 accounts with a balance at the end of plan year 2024.

Who manages the Valley Markets, Inc 401(k) accounts?

Alerus (listed on the filing as ALERUS FINANCIAL, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Valley Markets, Inc. How do I access my 401(k)?

Your account stays with Alerus 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.

Related Companies
Headquarter: 1142 W HATCHER RD, PHOENIX, AZ, 850213045
Headquarter: 329 CONWAY STREET, GREENFIELD, MA, 01301
Headquarter: 333 LAKESIDE DRIVE, FOSTER CITY, CA, 94404
Headquarter: 155 HARLEM AVE, GLENVIEW, IL, 60025
Headquarter: 900 ASHWOOD PARKWAY STE. 700, ATLANTA, GA, 30338