Northern Tool & Equipment Company, Inc. 401(K) Plan — Form 5500 plan (Northern Tool & Equipment Company, 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, Northern Tool & Equipment Company, Inc. 401(K) Plan is a benefit plan reported by Northern Tool & Equipment Company, Inc. under EIN 41-1405311 and plan number 003. The latest loaded filing year is 2023. The filing reports 4,472 participants and $94,276,147 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Northern Tool & Equipment Company, Inc.
EIN
41-1405311
Plan number
003
Plan type
2
Location
Burnsville, MN
Latest filing year
2023
Participants
4,472
End-of-year plan assets
$94,276,147

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,472H, C20241011140107NAL0022889169001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$94,276,147
Total liabilities (EOY)
$0
Net assets (EOY)
$94,276,147
Net assets (BOY)
$85,618,818

Income & contributions

Employer contributions
$2,431,826
Participant contributions
$8,483,250
Total contributions
$11,837,193
Total income / additions
$24,968,521

Expenses & distributions

Benefits paid
$16,167,222
Administrative expenses
$143,920
Total expenses
$16,311,192
Net increase / (decrease)
$8,657,329

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ONONE$135,638$02023
Empower Advisory Group, LLCNONE$3,753not reported in the loaded dataset2023

Related Form 5500 pages