Minneapolis Clinic Profit Sharing & 401(K) Plan — Form 5500 plan (Minneapolis Clinic Of Neurology Ltd)
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, Minneapolis Clinic Profit Sharing & 401(K) Plan is a benefit plan reported by Minneapolis Clinic Of Neurology Ltd under EIN 41-0999094 and plan number 001. The latest loaded filing year is 2023. The filing reports 401 participants and $64,459,921 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Minneapolis Clinic Of Neurology Ltd
- EIN
- 41-0999094
- Plan number
- 001
- Plan type
- 2
- Location
- Golden Valley, MN
- Latest filing year
- 2023
- Participants
- 401
- End-of-year plan assets
- $64,459,921
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 401 | H, C | 20241002125917NAL0008801681001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $64,459,921
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $64,459,921
- Net assets (BOY)
- $57,519,810
Income & contributions
- Employer contributions
- $1,982,545
- Participant contributions
- $1,549,179
- Total contributions
- $3,830,041
- Total income / additions
- $15,771,302
Expenses & distributions
- Benefits paid
- $8,723,405
- Administrative expenses
- $107,786
- Total expenses
- $8,831,191
- Net increase / (decrease)
- $6,940,111
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $64,214 | $0 | 2023 |
| Intellicents Investment | INVESTMENT ADVISORY | $44,988 | $12 | 2023 |