2023 Form 5500 filing — Scherer Bros Lumber Co 401(K) Plan For Production Employees
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 20241212080554NAL0007716067001) for Scherer Bros Lumber Co 401(K) Plan For Production Employees, reported by Scherer Bros Lumber Co under EIN 41-0678286 and plan number 005. It reports 219 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241212080554NAL0007716067001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Scherer Bros Lumber Co
- EIN
- 41-0678286
- Plan number
- 005
- Location
- Brooklyn Park, MN
- Participants
- 219
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,701,797
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,701,797
- Employer contributions
- $286,950
- Participant contributions
- $559,495
- Total income / additions
- $3,722,510
- Benefits paid
- $1,753,272
- Administrative expenses
- $7,869
- Total expenses
- $1,761,141
- Net increase / (decrease)
- $1,961,369
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $7,570 | $0 |