2023 Form 5500 filing — Northern Metal Products 401(K) Profit Sharing 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 20240924131743NAL0004714947001) for Northern Metal Products 401(K) Profit Sharing Plan, reported by Northern Metal Products under EIN 41-1784229 and plan number 001. It reports 196 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924131743NAL0004714947001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Northern Metal Products
- EIN
- 41-1784229
- Plan number
- 001
- Location
- Saint Cloud, MN
- Participants
- 196
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,146,700
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,146,700
- Employer contributions
- $337,805
- Participant contributions
- $767,739
- Total income / additions
- $3,155,583
- Benefits paid
- $486,452
- Administrative expenses
- $55,674
- Total expenses
- $542,126
- Net increase / (decrease)
- $2,613,457
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Securian Financial Services Inc | ADVISOR | $27,644 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $24,765 | $0 |