Northern Clearing 401(K) Plan — Form 5500 plan (Northern Clearing 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, Northern Clearing 401(K) Plan is a benefit plan reported by Northern Clearing Inc. under EIN 39-1078041 and plan number 001. The latest loaded filing year is 2023. The filing reports 341 participants and $22,185,580 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Northern Clearing Inc.
- EIN
- 39-1078041
- Plan number
- 001
- Plan type
- 2
- Location
- Ashland, WI
- Latest filing year
- 2023
- Participants
- 341
- End-of-year plan assets
- $22,185,580
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 341 | H, C | 20241014153517NAL0027731665001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,185,580
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,185,580
- Net assets (BOY)
- $16,901,641
Income & contributions
- Employer contributions
- $1,101,323
- Participant contributions
- $1,251,126
- Total contributions
- $2,858,350
- Total income / additions
- $5,939,750
Expenses & distributions
- Benefits paid
- $654,911
- Administrative expenses
- $900
- Total expenses
- $655,811
- Net increase / (decrease)
- $5,283,939
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $900 | $0 | 2023 |