Widseth, Smith, Nolting & Associates Employee Profit Sharing Plan — Form 5500 plan (Widseth Smith Nolting & Associates, 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, Widseth, Smith, Nolting & Associates Employee Profit Sharing Plan is a benefit plan reported by Widseth Smith Nolting & Associates, Inc. under EIN 41-1243629 and plan number 001. The latest loaded filing year is 2023. The filing reports 296 participants and $41,051,871 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Widseth Smith Nolting & Associates, Inc.
EIN
41-1243629
Plan number
001
Plan type
2
Location
Crookston, MN
Latest filing year
2023
Participants
296
End-of-year plan assets
$41,051,871

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023296H, C20250911112354NAL0000657696001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$41,051,871
Total liabilities (EOY)
$0
Net assets (EOY)
$41,051,871
Net assets (BOY)
$35,361,280

Income & contributions

Employer contributions
$900,000
Participant contributions
$2,098,463
Total contributions
$3,901,382
Total income / additions
$10,831,908

Expenses & distributions

Benefits paid
$5,057,817
Administrative expenses
$83,388
Total expenses
$5,141,317
Net increase / (decrease)
$5,690,591

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$54,940$02023
Sageview Advisory Group, LLCINVESTMENT ADVISORY$28,441$122023

Related Form 5500 pages