Allete And Affiliated Companies Retirement Plan B — Form 5500 plan (Allete, Inc. & Affiliated Companies)
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, Allete And Affiliated Companies Retirement Plan B is a benefit plan reported by Allete, Inc. & Affiliated Companies under EIN 41-0418150 and plan number 003. The latest loaded filing year is 2023. The filing reports 534 participants and $175,866,212 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Allete, Inc. & Affiliated Companies
- EIN
- 41-0418150
- Plan number
- 003
- Plan type
- 2
- Location
- Duluth, MN
- Latest filing year
- 2023
- Participants
- 534
- End-of-year plan assets
- $175,866,212
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 534 | H, C | 20241014142222NAL0027547505002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $175,866,212
- Total liabilities (EOY)
- $53,812
- Net assets (EOY)
- $175,812,400
- Net assets (BOY)
- $154,260,082
Income & contributions
- Employer contributions
- $10,342,106
- Total contributions
- $10,342,106
- Total income / additions
- $28,471,599
Expenses & distributions
- Benefits paid
- $10,670,433
- Administrative expenses
- $619,926
- Total expenses
- $11,290,359
- Net increase / (decrease)
- $17,181,240
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Allete Inc. | CONTRACT ADMINISTRATOR | $57,056 | not reported in the loaded dataset | 2023 |
| Pimco | INVESTMENT MANAGER | $50,218 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson Us LLC | ACTUARY/HR | $33,065 | not reported in the loaded dataset | 2023 |
| Us Bank | TRUSTEE | $31,382 | $0 | 2023 |
| Lockton Retirement Services | INVESTMENT MANAGER | $24,540 | not reported in the loaded dataset | 2023 |
| Reilly, Penner & Benton Llp | AUDITOR | $10,275 | not reported in the loaded dataset | 2023 |
| Tellus Health | PAYROLL/DATA SERVICES | $9,485 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Allete, Inc. & Affiliated Companies
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Duluth, MN
- Allete Inc. — Schedule C compensation
- Pimco — Schedule C compensation
- Willis Towers Watson Us LLC — Schedule C compensation
- Us Bank — Schedule C compensation
- Lockton Retirement Services — Schedule C compensation
- Reilly, Penner & Benton Llp — Schedule C compensation
- Tellus Health — Schedule C compensation