Nd Industries Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Nd Industries 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, Nd Industries Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Nd Industries Inc under EIN 38-6077454 and plan number 001. The latest loaded filing year is 2023. The filing reports 289 participants and $20,831,316 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nd Industries Inc
- EIN
- 38-6077454
- Plan number
- 001
- Plan type
- 2
- Location
- Clawson, MI
- Latest filing year
- 2023
- Participants
- 289
- End-of-year plan assets
- $20,831,316
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 289 | H, C | 20240926121050NAL0001136064001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,831,316
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,831,316
- Net assets (BOY)
- $17,505,953
Income & contributions
- Employer contributions
- $422,078
- Participant contributions
- $890,242
- Total contributions
- $1,321,111
- Total income / additions
- $4,805,399
Expenses & distributions
- Benefits paid
- $1,403,246
- Administrative expenses
- $76,790
- Total expenses
- $1,480,036
- Net increase / (decrease)
- $3,325,363
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sigma Planning Corporation | RETAINED BY EMPLOYER | $47,245 | not reported in the loaded dataset | 2023 |
| John Hancock Life Insurance Co | RECORDKEEPER | $29,544 | $0 | 2023 |