2023 Form 5500 filing — Standard Iron 401(K) Retirement 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 20240909144608NAL0004600065001) for Standard Iron 401(K) Retirement Plan, reported by Standard Iron & Wire Works, LLC under EIN 41-0652355 and plan number 001. It reports 455 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)$26.2MReported net assets$26,237,553
Participants455
Provider compensation$17.4K2 Schedule C row(s)$17,360
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240909144608NAL0004600065001
Plan sponsor
Standard Iron & Wire Works, LLC
EIN
41-0652355
Plan number
001
Location
Monticello, MN
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)$26.2M total assets
Net assets$26.2MLiabilities$0
Money in vs. money out
Total income / additions$6.3M
Total expenses$2.1M
Benefits paid / distributions$2.1M
Contributions
Employer$473.3K
Participant$1.6M
Full reported line items
Total assets (EOY)
$26,237,553
Total liabilities (EOY)
$0
Net assets (EOY)
$26,237,553
Employer contributions
$473,268
Participant contributions
$1,577,249
Total income / additions
$6,306,388
Benefits paid
$2,092,732
Administrative expenses
$17,360
Total expenses
$2,124,422
Net increase / (decrease)
$4,181,966

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Strategic Advisors, Inc.ADVISOR$11,054not reported in the loaded dataset
Fidelity Investments InstitutionalRECORDKEEPER$6,306$0

Related Form 5500 pages