2023 Form 5500 filing — Swanson Health Products, Inc. 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 20241015190405NAL0029454641003) for Swanson Health Products, Inc. 401(K) Profit Sharing Plan, reported by Swanson Health Products, Inc. under EIN 45-0324367 and plan number 001. It reports 609 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015190405NAL0029454641003
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Swanson Health Products, Inc.
- EIN
- 45-0324367
- Plan number
- 001
- Location
- Fargo, ND
- Participants
- 609
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,329,288
- Net assets (EOY)
- $24,329,288
- Employer contributions
- $541,256
- Participant contributions
- $1,591,981
- Total income / additions
- $8,389,772
- Benefits paid
- $5,311,788
- Administrative expenses
- $92,902
- Total expenses
- $5,404,690
- Net increase / (decrease)
- $2,985,082
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Hays Financial Group, LLC | NONE | $18,453 | not reported in the loaded dataset |
| Schwab Retirement Plan Services, In | NONE | $10,755 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $10 | $0 |