2023 Form 5500 filing — Nd Banks Benefit Trust
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 20240911123840NAL0007033073004) for Nd Banks Benefit Trust, reported by Nd Banks Benefit Trust under EIN 46-7521485 and plan number 501. It reports 1,384 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240911123840NAL0007033073004
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Nd Banks Benefit Trust
- EIN
- 46-7521485
- Plan number
- 501
- Location
- Bismarck, ND
- Participants
- 1,384
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,982,683
- Total liabilities (EOY)
- $1,719,741
- Net assets (EOY)
- $10,262,942
- Participant contributions
- $19,322,986
- Total income / additions
- $19,413,158
- Benefits paid
- $17,207,540
- Administrative expenses
- $1,395,614
- Total expenses
- $18,603,154
- Net increase / (decrease)
- $810,004
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Noridian Mutual Insurance Company | NONE | $1,119,457 | not reported in the loaded dataset |
| Brown & Brown | NONE | $145,000 | not reported in the loaded dataset |
| Prime Therapeutics | NONE | $0 | $105,904 |
| North Dakota Bankers Association | NONE | $78,201 | not reported in the loaded dataset |
| Eide Bailly Llp | NONE | $17,050 | not reported in the loaded dataset |