Plan5500

Egan Company 401(K) And Profit Sharing Plan — Form 5500 plan (Egan Company)

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, Egan Company 401(K) And Profit Sharing Plan is a benefit plan reported by Egan Company under EIN 41-1570195 and plan number 002. The latest loaded filing year is 2023. The filing reports 354 participants and $60,439,182 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$60.4MPlan net assets, end of year$60,439,182
Participants354Covered participants reported
Assets / participant$170.7KComputed: assets ÷ participants$170,732 (computed)
Provider compensation$24.8K3 Schedule C provider row(s)$24,832
Plan sponsor
Egan Company
EIN
41-1570195
Plan number
002
Plan type
2
Location
Champlin, MN
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    354 participants · 2Sch HSch C
    View filing →
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)$60.4M total assets
Net assets$60.4MLiabilities$0
Money in vs. money out
Total income / additions$16.9M
Total expenses$12M
Benefits paid / distributions$12M
Contributions
Employer$3.8M
Participant$2.6M
Full reported line items

Net assets

Total assets (EOY)
$60,439,182
Total liabilities (EOY)
$0
Net assets (EOY)
$60,439,182
Net assets (BOY)
$55,599,889

Income & contributions

Employer contributions
$3,818,146
Participant contributions
$2,628,546
Total contributions
$7,175,888
Total income / additions
$16,885,045

Expenses & distributions

Benefits paid
$11,963,734
Administrative expenses
$82,018
Total expenses
$12,045,752
Net increase / (decrease)
$4,839,293
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 59%Participant 41%
Total expenses ÷ net assets20%Computed ratio
Benefits paid ÷ total income71%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Nfp Retirement Inc$24.1K
    INVESTMENT ADVISOR · Direct $24.1K
  2. 2
    Empower Advisory Group, LLC$710
    INVESTMENT MGMT · Direct $710
  3. 3
    Empower Annuity Insurance Company O$0
    RECORDKEEPER · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the Egan Company 401(K) And Profit Sharing Plan?
Egan Company 401(K) And Profit Sharing Plan is reported as sponsored by Egan Company (EIN 41-1570195, plan number 002) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Egan Company 401(K) And Profit Sharing Plan?
The latest Form 5500 filing year loaded for Egan Company 401(K) And Profit Sharing Plan is 2023.
How many participants does Egan Company 401(K) And Profit Sharing Plan report?
Egan Company 401(K) And Profit Sharing Plan reports 354 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Egan Company 401(K) And Profit Sharing Plan?
Egan Company 401(K) And Profit Sharing Plan reports $60,439,182 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages