2023 Form 5500 filing — Minnwest Corporation 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 20240926082043NAL0000374657001) for Minnwest Corporation 401(K) Plan, reported by Minnwest Corporation under EIN 41-1549950 and plan number 001. It reports 568 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$66.5MReported net assets$66,453,936
Participants568
Provider compensation$134K2 Schedule C row(s)$134,005
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240926082043NAL0000374657001
Plan sponsor
Minnwest Corporation
EIN
41-1549950
Plan number
001
Location
Minnetonka, MN
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$66.5M total assets
Net assets$66.5MLiabilities$0
Money in vs. money out
Total income / additions$14.9M
Total expenses$5.4M
Benefits paid / distributions$5.3M
Contributions
Employer$1.7M
Participant$3.1M
Full reported line items
Total assets (EOY)
$66,453,936
Total liabilities (EOY)
$0
Net assets (EOY)
$66,453,936
Employer contributions
$1,670,014
Participant contributions
$3,054,208
Total income / additions
$14,869,364
Benefits paid
$5,305,347
Administrative expenses
$134,057
Total expenses
$5,439,404
Net increase / (decrease)
$9,429,960

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$96,135$0
Christensen Group Fin.INVESTMENT ADVISORY$37,870not reported in the loaded dataset

Related Form 5500 pages