Braun Intertec 401(K) Retirement Plan — Form 5500 plan (Braun Intertec Corporation)

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, Braun Intertec 401(K) Retirement Plan is a benefit plan reported by Braun Intertec Corporation under EIN 41-1684205 and plan number 004. The latest loaded filing year is 2023. The filing reports 1,481 participants and $123,921,219 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Braun Intertec Corporation
EIN
41-1684205
Plan number
004
Plan type
2
Location
Minneapolis, MN
Latest filing year
2023
Participants
1,481
End-of-year plan assets
$123,921,219

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,481H, C20241001084321NAL0013486114001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$123,921,219
Total liabilities (EOY)
$9,337
Net assets (EOY)
$123,911,882
Net assets (BOY)
$101,251,357

Income & contributions

Employer contributions
$1,523,351
Participant contributions
$7,327,330
Total contributions
$10,254,276
Total income / additions
$30,489,096

Expenses & distributions

Benefits paid
$9,933,994
Administrative expenses
$202,035
Total expenses
$10,139,629
Net increase / (decrease)
$20,349,467

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$124,104$02023
Valmark AdvisersINVESTMENT ADVISORY$44,931$692023
Redpath And CompanyACCOUNTANT$33,000not reported in the loaded dataset2023

Related Form 5500 pages