North Atlantic Imports, LLC 401(K) Plan — Form 5500 plan (North Atlantic Imports, LLC)

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, North Atlantic Imports, LLC 401(K) Plan is a benefit plan reported by North Atlantic Imports, LLC under EIN 26-3681757 and plan number 002. The latest loaded filing year is 2023. The filing reports 220 participants and $3,021,470 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3MPlan net assets, end of year$3,021,470
Participants220Covered participants reported
Assets / participant$13.7KComputed: assets ÷ participants$13,734 (computed)
Provider compensation$15.2K1 Schedule C provider row(s)$15,213
Plan sponsor
North Atlantic Imports, LLC
EIN
26-3681757
Plan number
002
Plan type
2
Location
Logan, UT
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023220H, C20241219100214NAL0007321504001
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)$3M total assets
Net assets$3MLiabilities$0
Money in vs. money out
Total income / additions$1.9M
Total expenses$144K
Benefits paid / distributions$128.8K
Contributions
Employer$407K
Participant$637.5K
Full reported line items

Net assets

Total assets (EOY)
$3,021,470
Total liabilities (EOY)
$0
Net assets (EOY)
$3,021,470
Net assets (BOY)
$1,296,561

Income & contributions

Employer contributions
$407,022
Participant contributions
$637,489
Total contributions
$1,483,359
Total income / additions
$1,868,944

Expenses & distributions

Benefits paid
$128,822
Administrative expenses
$15,213
Total expenses
$144,035
Net increase / (decrease)
$1,724,909
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 39%Participant 61%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income7%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Jp MorganNONE$15,213$02023

Related Form 5500 pages