High Point Networks, LLC 401(K) & Profit Sharing Plan — Form 5500 plan (High Point Networks, 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, High Point Networks, LLC 401(K) & Profit Sharing Plan is a benefit plan reported by High Point Networks, LLC under EIN 27-1804410 and plan number 001. The latest loaded filing year is 2023. The filing reports 168 participants and $15,969,767 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- High Point Networks, LLC
- EIN
- 27-1804410
- Plan number
- 001
- Plan type
- 2
- Location
- West Fargo, ND
- Latest filing year
- 2023
- Participants
- 168
- End-of-year plan assets
- $15,969,767
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 168 | H, C | 20240930145113NAL0002700835001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,969,767
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,969,767
- Net assets (BOY)
- $12,127,572
Income & contributions
- Employer contributions
- $699,887
- Participant contributions
- $1,295,837
- Total contributions
- $2,181,686
- Total income / additions
- $4,672,737
Expenses & distributions
- Benefits paid
- $748,162
- Administrative expenses
- $82,380
- Total expenses
- $830,542
- Net increase / (decrease)
- $3,842,195
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $60,105 | $0 | 2023 |
| Woodbury Financial Services Inc | INVESTMENT ADVISOR | $20,317 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,958 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for High Point Networks, LLC
- 2023 Form 5500 filing
- Form 5500 filings in ND
- 401(k) and benefit plan filings in West Fargo, ND
- Empower Annuity Insurance Company — Schedule C compensation
- Woodbury Financial Services Inc — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation