Plan5500

Applied Products, Inc. 401(K) Salary Savings Plan — Form 5500 plan (Applied Products, Inc.)

Plain-English plan 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, Applied Products, Inc. 401(K) Salary Savings Plan is a benefit plan reported by Applied Products, Inc. under EIN 20-2257905 and plan number 002. The latest loaded filing year is 2023. The filing reports 330 participants and $19,157,757 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$19.2MPlan net assets, end of year$19,157,757
Participants330Covered participants reported
Assets / participant$58.1KComputed: assets ÷ participants$58,054 (computed)
Provider compensation$7.2K1 Schedule C provider row(s)$7,208
Plan sponsor
Applied Products, Inc.
EIN
20-2257905
Plan number
002
Plan type
2
Location
Minnetonka, MN
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    330 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$19.2M total assets
Net assets$19.2MLiabilities$0
Money in vs. money out
Total income / additions$6.5M
Total expenses$487.2K
Benefits paid / distributions$480K
Contributions
Employer$685.3K
Participant$2.1M
Full reported line items

Net assets

Total assets (EOY)
$19,157,757
Total liabilities (EOY)
$0
Net assets (EOY)
$19,157,757
Net assets (BOY)
$13,178,938

Income & contributions

Employer contributions
$685,276
Participant contributions
$2,090,553
Total contributions
$3,508,066
Total income / additions
$6,466,006

Expenses & distributions

Benefits paid
$479,979
Administrative expenses
$7,208
Total expenses
$487,187
Net increase / (decrease)
$5,978,819
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 25%Participant 75%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income7%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Johnson Bank$7.2K
    NONE · Direct $7.2K · Indirect $0

Related Form 5500 pages