2023 Form 5500 filing — Coborn'S Incorporated Employees 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 20240919180214NAL0008802272001) for Coborn'S Incorporated Employees Profit Sharing 401(K) Plan, reported by Coborn'S Incorporated under EIN 41-0824910 and plan number 001. It reports 7,714 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240919180214NAL0008802272001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Coborn'S Incorporated
- EIN
- 41-0824910
- Plan number
- 001
- Location
- Saint Cloud, MN
- Participants
- 7,714
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $142,246,492
- Total liabilities (EOY)
- $100,906
- Net assets (EOY)
- $142,145,586
- Employer contributions
- $1,136,750
- Participant contributions
- $9,622,324
- Total income / additions
- $33,133,564
- Benefits paid
- $14,747,193
- Administrative expenses
- $485,837
- Total expenses
- $15,233,030
- Net increase / (decrease)
- $17,900,534
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | NONE | $367,679 | $0 |
| Kestra Advisory Services LLC | NONE | $50,149 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | NONE | $37,999 | not reported in the loaded dataset |
| The Hays Financial Group LLC | NONE | $27,000 | not reported in the loaded dataset |