Litchfield, MN Form 5500 retirement and benefit plan filings

City Form 5500 summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Litchfield, MN has 9 loaded benefit plan(s) reported by 6 plan sponsor(s), with $32,335,944 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
9
Plan sponsors
6
Latest filing year
2023

Reported financial aggregate (2023)

Reported net position

Total reported assets (EOY)
$32,335,944
Total reported liabilities (EOY)
$0
Total reported net assets (EOY)
$32,335,944

Contributions & income

Employer contributions
$965,383
Participant contributions
$1,279,961
Total income / additions
$7,167,051

Expenses & distributions

Benefits paid / distributions
$2,705,932
Total expenses
$2,852,808
Net increase / (decrease)
$4,314,243

Coverage

Total reported participants
1,311
Plans with financial statements
6
Plans with provider compensation
3

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Litchfield, MN plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Largest loaded plans by reported assets

Largest loaded plans in Litchfield, MN
PlanSponsorReported assets (EOY)Year
Sparboe Farms, Inc. 401(K) PlanSparboe Farms, Inc.$10,941,0522023
First District Association Retirement Benefit Program For Union EmployeesFirst District Association$9,907,5902023
Custom Products Retirement PlanCustom Products Of Litchfield, Inc.$6,669,3092023
Bph Employee Benefits 401(K) PlanBirch Point Holdings, Inc.$4,026,6592023
Bear Lumber 21 Inc 401(K) PlanBear Lumber 21 Inc$745,6872023
Minnesota Reds, Whites, And Brews, Inc. 401(K) PlanMinnesota Reds, Whites, And Brews, Inc.$45,6472023
Sparboe Companies, IncSparboe Farms Incnot reported in the loaded dataset2023
Sparboe Farms, Inc Group Term Life, Voluntary Life, Ltd, Add, StdSparboe Farms Incnot reported in the loaded dataset2023
Custom Products Of Litchfield, Inc. Group Life PlanCustom Products Of Litchfield, Inc.not reported in the loaded dataset2023

Related Form 5500 pages