401(k) · DOL Form 5500 · 2023
Valmont Industries, Inc. 401(k) Plan
Data updated 2026-08-11
- $607M
- Total assets
- 6,294
- Participants
- 98th
- Percentile by assets
- $96,501
- Avg per participant
Official DOL plan name: Valmont Employee Retirement Savings Plan · Sponsored by Valmont Industries, Inc. · Nebraska · Manufacturing
$607M in assets, 6,294 participants
Valmont Industries, Inc.'s Valmont Employee Retirement Savings Plan reported $607M in total assets and 6,294 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #18,043 in Manufacturing (18,722 peers)
Coverage in Nebraska
Valmont Employee Retirement Savings Plan covers 6,294 participants in Nebraska, 11x the typical Nebraska plan (state average ~552 per filing). Assets: $607M.
- $607M
- total plan assets (2023 EOY)
- 6,294
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $96,501
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Valmont Employee Retirement Savings Plan reported net income rose from -$78M in the plan year 2022 filing to $66M in the plan year 2023 filing.
- Valmont Employee Retirement Savings Plan end-of-year assets rose from $541M in the plan year 2022 filing to $607M in the plan year 2023 filing.
- Valmont Employee Retirement Savings Plan reported participants rose from 5,873 in the plan year 2022 filing to 6,294 in the plan year 2023 filing.
Participants vs Nebraska filers
In Nebraska, the average filing covers about 552 participants across 778 plans. Valmont Employee Retirement Savings Plan reports 6,294 participants - 11x that state average ($607M EOY assets).
Nebraska filing particulars
| Total Assets (Beginning of Year) | $541M |
|---|---|
| Net Assets (End of Year) | $607M |
| Net Income | $66M |
| Employer EIN | 470351813 |
| Plan Effective Date | 1979-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Valmont Industries, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,873 | $541M |
| 2023 | 1 | 6,294 | $607M |
| 2024 | 1 | 6,155 | $665M |
Nearby 401(k) Plans in Nebraska
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Valmont Employee Retirement Savings Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants
- Hdr, Inc. Best Plan and ESOP $6.3B · 10,652
- Peter Kiewit Sons, Inc. Retirement Savings Plan $2.4B · 16,947
- Union Pacific Corporation Thrift Plan $2.3B · 5,470
- Union Pacific Agreement Employee 401(k) Retirement Thrift Plan $2.3B · 27,770
- First National of Nebraska, Inc. First Savings Plan $926M · 5,038
Scale composition for Valmont Employee Retirement Savings Plan
Valmont Employee Retirement Savings Plan reports $607M in end-of-year assets across 6,294 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $96,501 per participant (70% of the national average assets-per-participant) . Net income for plan year 2023 was $66M.
This plan identity (EIN 470351813, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $541M to $665M (+23.0%) while covered participants moved from 5,873 to 6,155 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,873 | $541M | Open filing |
| 2023 | 6,294 | $607M | This page |
| 2024 · index core | 6,155 | $665M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Valmont Employee Retirement Savings Plan (401(k), $665M, 6,155 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Valmont Employee Retirement Savings Plan by total assets, not by location.
- Bluescope Employee Savings Trust (Best) (MO) $608M · 3,724
- Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan (PA) $608M · 1,412
- Constellis 401(k) Plan (VA) $607M · 11,011
- Arup US Retirement Savings Plan (CA) $606M · 1,445
Frequently Asked Questions
How did Valmont Employee Retirement Savings Plan assets move in 2023? ▼
How have Valmont Industries, Inc. plan assets changed over time? ▼
Where does Valmont Employee Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Valmont Employee Retirement Savings Plan? ▼
Next read for Valmont Employee Retirement Savings Plan
Filing takeaways
Ways to act on Valmont Employee Retirement Savings Plan's numbers.
- By total assets, Valmont Employee Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Nebraska. Compare plans
- Valmont Industries, Inc.'s sponsor-wide assets have grown 23.0% since 2022 across 3 plan years on file. More Manufacturing plans