401(k) · DOL Form 5500 · 2022

Valley Markets, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
607
Participants Below avg headcount
74th
Percentile by assets National rank
$27,278
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hugo's 401(k) Profit Sharing Plan and Trust · Sponsored by Valley Markets, Inc. · North Dakota · Retail Trade

$17M in assets, 607 participants

Valley Markets, Inc.'s Hugo's 401(k) Profit Sharing Plan and Trust reported $17M in total assets and 607 participants in its 2022 DOL Form 5500 filing, ranking in the 74th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,015 in Retail Trade (9,519 peers)

2022 asset change

Hugo's 401(k) Profit Sharing Plan and Trust declined sharply 25.7% in 2022 ($22M → $17M) for 607 participants.

#8,015
in Retail Trade (9,519 peers)
-25.7%
assets change YoY

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hugo's 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Hugo's 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$16,557,640 Top 26% higher than 74% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Hugo's 401(k) Profit Sharing Plan and Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hugo's 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (607 participants).

Plan-year Form 5500 strip

Filing strip 450273731 · Valley Markets, Inc. PY 2022 · 401(k)

Hugo's 401(k) Profit Sharing Plan and Trust · $17M · 607 · 74th

  • EOY $17M
  • 5500 607
  • ASSETS 74th
  • PCT 401(k)
  • EIN near Richmond Eye & Ear Healthcare Alliance, Inc. 401(k) Plan
  • RANK ind #8015

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in North Dakota →

Hugo's 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Hugo's 401(k) Profit Sharing Plan and TrustHugo's 401(k) Profit Sharing…$17MRichmond Eye & Ear Healthcare Alliance, Inc. 401(k) PlanRichmond Eye & Ear Healthcar…$17MNorthern California Golf Association/Poppy Holding, Inc. 401(k) PlanNorthern California Golf Ass…$17MDallas Renal Group, P.a. 401(k) PlanDallas Renal Group, P.a. 401…$17MPce Inc 401(k) Plan$17M
End-of-year total assets ($M) among Hugo's 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Valley Markets, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Valley Markets, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 8.02124578140363% vs 2022
2024 filing year
$16M$16.5M$17M$17.5M$18M$18.5M 202220232024 $16.6M $17.9M ▲ +8.0%
Year Plans Participants Total Assets
2022 1 607 $17M
2023 1 638 $18M
2024 1 677 $18M

2022 asset-move particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$17M
Net Income-$6M
Employer EIN450273731
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Dakota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hugo's 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -10123 Total assets ($B) Participants Hugo's 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.01655764 · Participants: 607Hugo's 401(k) Profit Sharing Plan and TrustSanford Retirement Savings Plan, Total assets ($B): 2.448470251 · Participants: 30145Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 1.321268405 · Participants: 8525Mdu Resources Group, Inc. 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.446081759 · Participants: 3784Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.410790544 · Participants: 2612Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.402778064 · Participants: 5088Offutt Companies 401(k) Savings Plan
Hugo's 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Dakota, assets vs. participants

Hugo's 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Richmond Eye & Ear Healthcare Alliance, Inc. 401(k) Plan in VA ($17M); by covered participants it is Kaeser Compressors, Inc. 401(k) Profit Sharing Plan in VA (607 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (607 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hugo's 401(k) Profit Sharing Plan and Trust assets move in 2022?
Hugo's 401(k) Profit Sharing Plan and Trust declined sharply - down 25.7% during 2022, from $22M to $17M. Reported net income was -$6M.
How have Valley Markets, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Valley Markets, Inc.'s sponsor-wide assets grew 8.0%, from $17M to $18M.
Which 401(k) plans are similar in size to Hugo's 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Richmond Eye & Ear Healthcare Alliance, Inc. 401(k) Plan in VA ($17M, 141 participants).
Which 401(k) plans cover a similar participant headcount to Hugo's 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Kaeser Compressors, Inc. 401(k) Profit Sharing Plan in VA (607 participants, $58M in assets).