Plan5500

2023 Form 5500 filing — South Central Minnesota Electrical Workers Retirement And 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 20250415154248NAL0005921232005) for South Central Minnesota Electrical Workers Retirement And 401(K) Plan, reported by Trustees Of South Central Minnesota Elec Workers Retirement And 401(K) under EIN 41-1390063 and plan number 002. It reports 1,506 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20250415154248NAL0005921232005
Filing year
2023
Form type
1
Plan sponsor
Trustees Of South Central Minnesota Elec Workers Retirement And 401(K)
EIN
41-1390063
Plan number
002
Location
Bloomington, MN
Participants
1,506
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$306,555,098
Total liabilities (EOY)
$117,587
Net assets (EOY)
$306,437,511
Employer contributions
$8,884,726
Participant contributions
$1,801,707
Total income / additions
$53,526,709
Benefits paid
$12,770,817
Administrative expenses
$286,099
Total expenses
$13,056,916
Net increase / (decrease)
$40,469,793
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyNONE$93,572$0
Wilson-Mcshane CorporationNONE$73,035not reported in the loaded dataset
Rbc Wealth ManagementNONE$38,692not reported in the loaded dataset
Shumaker, Loop & KendrickNONE$27,631not reported in the loaded dataset
Legacy Professionals LlpNONE$17,535not reported in the loaded dataset

Related Form 5500 pages