Northland Aluminum Products, Inc. Retirement And Savings Plan And Trust — Form 5500 plan (Northland Aluminum 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, Northland Aluminum Products, Inc. Retirement And Savings Plan And Trust is a benefit plan reported by Northland Aluminum Products, Inc. under EIN 41-0852768 and plan number 013. The latest loaded filing year is 2023. The filing reports 243 participants and $23,993,395 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$24MPlan net assets, end of year$23,993,395
Participants243Covered participants reported
Assets / participant$98.7KComputed: assets ÷ participants$98,738 (computed)
Provider compensation$56K2 Schedule C provider row(s)$55,990
Plan sponsor
Northland Aluminum Products, Inc.
EIN
41-0852768
Plan number
013
Plan type
2
Location
Saint Louis Park, MN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023243H, C20241014140448NAL0013418099001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$24M total assets
Net assets$24MLiabilities$0
Money in vs. money out
Total income / additions$4.8M
Total expenses$2M
Benefits paid / distributions$1.9M
Contributions
Employer$450.5K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$23,993,395
Total liabilities (EOY)
$0
Net assets (EOY)
$23,993,395
Net assets (BOY)
$21,169,954

Income & contributions

Employer contributions
$450,462
Participant contributions
$1,069,579
Total contributions
$1,545,432
Total income / additions
$4,793,513

Expenses & distributions

Benefits paid
$1,902,787
Administrative expenses
$59,905
Total expenses
$1,970,072
Net increase / (decrease)
$2,823,441
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 30%Participant 70%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income40%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$37,990$02023
Christensen Group Financial LLCADVISOR$18,000not reported in the loaded dataset2023

Related Form 5500 pages