2023 Form 5500 filing — Herregan Distributors, Inc. Employee Profit Sharing - 401(K) 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 20240912103028NAL0013968352001) for Herregan Distributors, Inc. Employee Profit Sharing - 401(K) Plan, reported by Herregan Distributors, Inc. under EIN 41-0902579 and plan number 001. It reports 188 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240912103028NAL0013968352001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Herregan Distributors, Inc.
- EIN
- 41-0902579
- Plan number
- 001
- Location
- Eagan, MN
- Participants
- 188
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,887,875
- Total liabilities (EOY)
- $4,728
- Net assets (EOY)
- $20,883,147
- Employer contributions
- $428,396
- Participant contributions
- $960,736
- Total income / additions
- $4,685,541
- Benefits paid
- $1,060,579
- Administrative expenses
- $15,535
- Total expenses
- $1,076,114
- Net increase / (decrease)
- $3,609,427
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus | not reported in the loaded dataset | $28,594 | $0 |
| Tax Sheltered Compensation, Inc.Tax | not reported in the loaded dataset | $7,843 | $0 |