2023 Form 5500 filing — Applied Engineering, Inc. Employee Stock Ownership Plan And 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 20240923143447NAL0011569201001) for Applied Engineering, Inc. Employee Stock Ownership Plan And Trust, reported by Applied Engineering, Inc. under EIN 45-0396816 and plan number 002. It reports 297 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240923143447NAL0011569201001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Applied Engineering, Inc.
- EIN
- 45-0396816
- Plan number
- 002
- Location
- Fargo, ND
- Participants
- 297
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,758,863
- Total liabilities (EOY)
- $27,665
- Net assets (EOY)
- $17,731,198
- Employer contributions
- $870,604
- Participant contributions
- $495,174
- Total income / additions
- $2,876,616
- Benefits paid
- $2,070,262
- Administrative expenses
- $45,780
- Total expenses
- $2,116,042
- Net increase / (decrease)
- $760,574
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Valmark Advisers Inc | INVESTMENT ADVISER | $25,170 | not reported in the loaded dataset |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $18,813 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $1,279 | not reported in the loaded dataset |