Coborn'S Incorporated Employees Profit Sharing 401(K) Plan — Form 5500 plan (Coborn'S Incorporated)
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, Coborn'S Incorporated Employees Profit Sharing 401(K) Plan is a benefit plan reported by Coborn'S Incorporated under EIN 41-0824910 and plan number 001. The latest loaded filing year is 2023. The filing reports 7,714 participants and $142,246,492 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Coborn'S Incorporated
- EIN
- 41-0824910
- Plan number
- 001
- Plan type
- 2
- Location
- Saint Cloud, MN
- Latest filing year
- 2023
- Participants
- 7,714
- End-of-year plan assets
- $142,246,492
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 7,714 | H, C | 20240919180214NAL0008802272001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $142,246,492
- Total liabilities (EOY)
- $100,906
- Net assets (EOY)
- $142,145,586
- Net assets (BOY)
- $124,115,028
Income & contributions
- Employer contributions
- $1,136,750
- Participant contributions
- $9,622,324
- Total contributions
- $11,498,691
- Total income / additions
- $33,133,564
Expenses & distributions
- Benefits paid
- $14,747,193
- Administrative expenses
- $485,837
- Total expenses
- $15,233,030
- Net increase / (decrease)
- $17,900,534
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | NONE | $367,679 | $0 | 2023 |
| Kestra Advisory Services LLC | NONE | $50,149 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | NONE | $37,999 | not reported in the loaded dataset | 2023 |
| The Hays Financial Group LLC | NONE | $27,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Coborn'S Incorporated
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Saint Cloud, MN
- Empower Annuity Insurance Company — Schedule C compensation
- Kestra Advisory Services LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- The Hays Financial Group LLC — Schedule C compensation