401(k) · DOL Form 5500 · 2023
Valeo North America, Inc. 401(k) Plan
Data updated 2026-08-11
- $571M
- Total assets
- 4,281
- Participants
- 98th
- Percentile by assets
- $133,466
- Avg per participant
Official DOL plan name: Valeo, Inc Retirement Savings Plan · Sponsored by Valeo North America, Inc. · Michigan · Manufacturing
$571M in assets, 4,281 participants
Valeo North America, Inc.'s Valeo, Inc Retirement Savings Plan reported $571M in total assets and 4,281 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)
- #18,013 in Manufacturing (18,722 peers)
Coverage in Michigan
Valeo, Inc Retirement Savings Plan covers 4,281 participants in Michigan, 6.7x the typical Michigan plan (state average ~638 per filing). Assets: $571M.
- $571M
- total plan assets (2023 EOY)
- 4,281
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $133,466
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Valeo, Inc Retirement Savings Plan reported net income rose from -$124M in the plan year 2022 filing to $85M in the plan year 2023 filing.
- Valeo, Inc Retirement Savings Plan end-of-year assets rose from $485M in the plan year 2022 filing to $571M in the plan year 2023 filing.
- Valeo, Inc Retirement Savings Plan reported participants fell from 4,493 in the plan year 2022 filing to 4,281 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Valeo, Inc Retirement Savings Plan reports 4,281 participants - 6.7x that state average ($571M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $485M |
|---|---|
| Net Assets (End of Year) | $571M |
| Net Income | $85M |
| Employer EIN | 133744485 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Valeo North America, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 4,786 | $818M |
| 2023 | 2 | 4,554 | $913M |
| 2024 | 2 | 4,314 | $950M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Valeo, Inc Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Valeo, Inc Retirement Savings Plan by total assets, not by location.
- Chesapeake Energy Corporation Savings and Incentive Stock Bonus Plan (OK) $572M · 1,192
- Graco Employee Investment Plan (MN) $572M · 2,708
- Schwan's Company Retirement Savings Plan (MN) $571M · 5,753
- Kennametal Thrift Plus Plan (SC) $572M · 2,781
Frequently Asked Questions
How did Valeo, Inc Retirement Savings Plan assets move in 2023? ▼
How have Valeo North America, Inc. plan assets changed over time? ▼
Where does Valeo, Inc Retirement Savings Plan rank by assets among Form 5500 filers? ▼
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Next read for Valeo, Inc Retirement Savings Plan
Filing takeaways
Ways to act on Valeo, Inc Retirement Savings Plan's numbers.
- By total assets, Valeo, Inc 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 Michigan. Compare plans
- Valeo North America, Inc.'s sponsor-wide assets have grown 16.1% since 2022 across 3 plan years on file. More Manufacturing plans