2023 Form 5500 filing — Poet 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 20241011153816NAL0012712243001) for Poet 401(K) Plan, reported by Poet Biorefining LLC under EIN 47-4454378 and plan number 001. It reports 2,992 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011153816NAL0012712243001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Poet Biorefining LLC
- EIN
- 47-4454378
- Plan number
- 001
- Location
- Sioux Falls, SD
- Participants
- 2,992
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $219,059,384
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $219,059,384
- Employer contributions
- $6,218,847
- Participant contributions
- $16,059,311
- Total income / additions
- $61,457,994
- Benefits paid
- $14,045,686
- Administrative expenses
- $169,911
- Total expenses
- $14,225,545
- Net increase / (decrease)
- $47,232,449
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $115,825 | $0 |
| Elgethun Capital Management | NONE | $54,086 | not reported in the loaded dataset |