Arvig Employee Stock Ownership Plan — Form 5500 plan (Arvig Enterprises, 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, Arvig Employee Stock Ownership Plan is a benefit plan reported by Arvig Enterprises, Inc. under EIN 41-1507358 and plan number 003. The latest loaded filing year is 2023. The filing reports 951 participants and $93,267,741 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Arvig Enterprises, Inc.
EIN
41-1507358
Plan number
003
Plan type
2
Location
Perham, MN
Latest filing year
2023
Participants
951
End-of-year plan assets
$93,267,741

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023951H, C20240819071546NAL0002848354001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$93,267,741
Total liabilities (EOY)
$9,248,525
Net assets (EOY)
$84,019,216
Net assets (BOY)
$82,988,651

Income & contributions

Employer contributions
$2,700,000
Total contributions
$2,700,000
Total income / additions
$6,570,464

Expenses & distributions

Benefits paid
$5,300,114
Administrative expenses
$2,506
Total expenses
$5,539,899
Net increase / (decrease)
$1,030,565

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$1,950$02023

Related Form 5500 pages