Allete & Affiliated Companies Retirement Plan C — 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 & Affiliated Companies Retirement Plan C is a benefit plan reported by Allete, Inc. & Affiliated Companies under EIN 41-0418150 and plan number 005. The latest loaded filing year is 2023. The filing reports 1,767 participants and $426,259,731 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
- 005
- Plan type
- 2
- Location
- Duluth, MN
- Latest filing year
- 2023
- Participants
- 1,767
- End-of-year plan assets
- $426,259,731
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,767 | H, C | 20241014155339NAL0015248403004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $426,259,731
- Total liabilities (EOY)
- $122,745
- Net assets (EOY)
- $426,136,986
- Net assets (BOY)
- $426,580,479
Income & contributions
- Employer contributions
- $7,376,261
- Total contributions
- $7,376,261
- Total income / additions
- $44,831,182
Expenses & distributions
- Benefits paid
- $46,070,789
- Administrative expenses
- $1,797,529
- Total expenses
- $47,868,318
- Net increase / (decrease)
- -$3,037,136
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pimco | INVESTMENT MANAGER | $147,813 | not reported in the loaded dataset | 2023 |
| Us Bank | TRUSTEE | $89,758 | $0 | 2023 |
| Lockton Retirement Services | INVESTMENT MANAGER | $70,804 | not reported in the loaded dataset | 2023 |
| Allete Inc. | CONTRACT ADMINISTRATOR | $56,715 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson Us LLC | ACTUARY/HR | $53,846 | not reported in the loaded dataset | 2023 |
| Tellus Health | PAYROLL/DATA SERVICES | $28,454 | not reported in the loaded dataset | 2023 |
| Reilly, Penner & Benton Llp | AUDITOR | $22,375 | not reported in the loaded dataset | 2023 |
| Taft Stettinius & Hollister Llp | LEGAL | $6,048 | 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
- Pimco — Schedule C compensation
- Us Bank — Schedule C compensation
- Lockton Retirement Services — Schedule C compensation
- Allete Inc. — Schedule C compensation
- Willis Towers Watson Us LLC — Schedule C compensation
- Tellus Health — Schedule C compensation
- Reilly, Penner & Benton Llp — Schedule C compensation
- Taft Stettinius & Hollister Llp — Schedule C compensation