2023 Form 5500 filing — Black Gold Potato Sales, Inc. 401(K) Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240809095003NAL0006210657001) for Black Gold Potato Sales, Inc. 401(K) Profit Sharing Plan, reported by Black Gold Potato Sales, Inc. under EIN 45-0388340 and plan number 001. It reports 706 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$12MReported net assets$11,996,468
Participants706
Provider compensation$24.1K2 Schedule C row(s)$24,055
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240809095003NAL0006210657001
- Plan sponsor
- Black Gold Potato Sales, Inc.
- EIN
- 45-0388340
- Plan number
- 001
- Location
- Grand Forks, ND
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$12.1M total assets
Net assets$12MLiabilities$126K
Full reported line items
- Total assets (EOY)
- $12,122,485
- Total liabilities (EOY)
- $126,017
- Net assets (EOY)
- $11,996,468
- Employer contributions
- $176,145
- Participant contributions
- $537,841
- Total income / additions
- $2,797,515
- Benefits paid
- $512,960
- Administrative expenses
- $24,055
- Total expenses
- $584,500
- Net increase / (decrease)
- $2,213,015
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Bremer Bank National Association | TRUSTEE | $24,055 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $0 |