2023 Form 5500 filing — Bergstrom Electric, Inc. Esop

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 20241001125003NAL0007071617001) for Bergstrom Electric, Inc. Esop, reported by Bergstrom Electric, Inc. under EIN 45-0332406 and plan number 002. It reports 131 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$15.3MReported net assets$15,253,488
Participants131
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241001125003NAL0007071617001
Plan sponsor
Bergstrom Electric, Inc.
EIN
45-0332406
Plan number
002
Location
Grand Forks, ND
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)$18M total assets
Net assets$15.3MLiabilities$2.8M
Money in vs. money out
Total income / additions$4.7M
Total expenses$765.3K
Benefits paid / distributions$615.3K
Contributions
Employer$923.5K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$18,019,088
Total liabilities (EOY)
$2,765,600
Net assets (EOY)
$15,253,488
Employer contributions
$923,462
Total income / additions
$4,657,949
Benefits paid
$615,315
Administrative expenses
$0
Total expenses
$765,334
Net increase / (decrease)
$3,892,615

Related Form 5500 pages