Minco Products, Inc. 401k Savings And Profit Sharing Plan — Form 5500 plan (Minco Products, 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, Minco Products, Inc. 401k Savings And Profit Sharing Plan is a benefit plan reported by Minco Products, Inc. under EIN 41-0783878 and plan number 001. The latest loaded filing year is 2023. The filing reports 521 participants and $58,726,649 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Minco Products, Inc.
EIN
41-0783878
Plan number
001
Plan type
2
Location
Minneapolis, MN
Latest filing year
2023
Participants
521
End-of-year plan assets
$58,726,649

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023521H, C20250808120500NAL0004431459001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$58,726,649
Total liabilities (EOY)
$29,836
Net assets (EOY)
$58,696,813
Net assets (BOY)
$56,587,465

Income & contributions

Employer contributions
$700,006
Participant contributions
$1,504,309
Total contributions
$2,219,166
Total income / additions
$11,526,525

Expenses & distributions

Benefits paid
$9,320,883
Administrative expenses
$96,294
Total expenses
$9,417,177
Net increase / (decrease)
$2,109,348

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Advisornet Financial, Inc.NONE$55,578not reported in the loaded dataset2023
Alerus Financial, N.A.NONE$40,716$02023

Related Form 5500 pages