401(k) · DOL Form 5500 · 2023

Valley Markets, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
638
Participants Below avg headcount
71st
Percentile by assets National rank
$28,376
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

$18M in assets, 638 participants

Valley Markets, Inc.'s Hugo's 401(k) Profit Sharing Plan and Trust reported $18M in total assets and 638 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #6,836 in Retail Trade (8,414 peers)

2023 asset change

Hugo's 401(k) Profit Sharing Plan and Trust grew at a solid clip 9.3% in 2023 ($17M → $18M) for 638 participants.

#6,836
in Retail Trade (8,414 peers)
+9.3%
assets growth YoY

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 2023 · DOL Form 5500

$18,103,836 Top 29% higher than 71% of 127,068 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 2023

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

Plan-year 2023 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 (638 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hugo's 401(k) Profit Sharing Plan and Trust reported net income rose from -$6M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Hugo's 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $17M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Hugo's 401(k) Profit Sharing Plan and Trust reported participants rose from 607 in the plan year 2022 filing to 638 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 450273731 · Valley Markets, Inc. PY 2023 · 401(k)

Hugo's 401(k) Profit Sharing Plan and Trust · $18M · 638 · 71st

  • SCH $18M
  • EBSA 638
  • PART 71st
  • TYPE 401(k)
  • NET near Dahl Automotive La Crosse, Inc. 401(k) Plan
  • BOOK ind #6836

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

Perfection Servo Hydraulics, Inc. 401(k) and Profit Sharing PlanPerfection Servo Hydraulics,…$18MCoppersmith 401(k) Profit Sharing PlanCoppersmith 401(k) Profit Sh…$18MHugo's 401(k) Profit Sharing Plan and TrustHugo's 401(k) Profit Sharing…$18MDahl Automotive La Crosse, Inc. 401(k) PlanDahl Automotive La Crosse, I…$18MSelf-Help Enterprises Employees' 401(k) Retirement PlanSelf-Help Enterprises Employ…$18M
End-of-year total assets ($M) among Hugo's 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Valley Markets, Inc. years around the 2023 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

2023 asset-move particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$18M
Net Income$2M
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 -101234 Total assets ($B) Participants Hugo's 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.018103836 · Participants: 638Hugo's 401(k) Profit Sharing Plan and TrustSanford Retirement Savings Plan, Total assets ($B): 3.110361496 · Participants: 30495Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.829880488 · Participants: 8551Mdu Resources Group, Inc. 401(k) Retirement PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.7412361 · Participants: 5269Knife River Corporation 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.521170291 · Participants: 3853Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.512524705 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing Plan
Hugo's 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Hugo's 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

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 Dahl Automotive La Crosse, Inc. 401(k) Plan in WI ($18M); by covered participants it is Endurance 401(k) Plan in IL (638 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (638 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Hugo's 401(k) Profit Sharing Plan and Trust grew at a solid clip - up 9.3% during 2023, from $17M to $18M. Reported net income was $2M.
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 Dahl Automotive La Crosse, Inc. 401(k) Plan in WI ($18M, 359 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 Endurance 401(k) Plan in IL (638 participants, $10M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450273731.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.