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

Valmet, Inc. 401(k) Plan Facts

Plan name
VALMET, INC. RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VALMET, INC.
Participants
2,897 (2,157 active employees)
Former employees with a balance
567
Plan assets
$431,627,142 at Dec 31, 2024
Average account balance
$165,501 across 2,608 accounts
Employer contributions
$5,268,029 in plan year 2024 (15% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1989
✓ 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 Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $34.5 million went into the plan in contributions, $5.27 million of it from the employer (15%).
  • $45.5 million was paid out to participants.
  • Investment and other income added $52.0 million.
  • Administrative expenses were $263,817, about $101 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,544$267.0 million$2.14 million$22.5 million
20201,615$301.1 million$2.73 million$31.5 million
20211,902$315.5 million$2.69 million$36.8 million
20222,499$256.6 million$2.72 million$17.9 million
20232,616$390.7 million$4.69 million$38.4 million
20242,897$431.6 million$5.27 million$45.5 million

Valmet, Inc. 401(k) Contact Information

Phone
770-263-7863
Mailing address
3720 DAVINCI COURT SUITE 300, NORCROSS GA 300927627
Plan sponsor
VALMET, INC.
Employer identification number (EIN)
56-1508400
Plan number
024

Questions about the Valmet, Inc. 401(k)

Does Valmet, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $5.27 million, 15% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

2,897 participants at the start of plan year 2024, 2,157 of them active employees, and 567 former employees who still had money in the plan.

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

About $165,501 per account: $431.6 million in plan assets across 2,608 accounts with a balance at the end of plan year 2024.

Who manages the Valmet, Inc 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.

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

Your account stays with Principal 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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