Northern Metal Products 401(K) Profit Sharing Plan — Form 5500 plan (Northern Metal Products)
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 Metal Products 401(K) Profit Sharing Plan is a benefit plan reported by Northern Metal Products under EIN 41-1784229 and plan number 001. The latest loaded filing year is 2023. The filing reports 196 participants and $14,146,700 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Northern Metal Products
- EIN
- 41-1784229
- Plan number
- 001
- Plan type
- 2
- Location
- Saint Cloud, MN
- Latest filing year
- 2023
- Participants
- 196
- End-of-year plan assets
- $14,146,700
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 196 | H, C | 20240924131743NAL0004714947001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,146,700
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,146,700
- Net assets (BOY)
- $11,533,243
Income & contributions
- Employer contributions
- $337,805
- Participant contributions
- $767,739
- Total contributions
- $1,110,421
- Total income / additions
- $3,155,583
Expenses & distributions
- Benefits paid
- $486,452
- Administrative expenses
- $55,674
- Total expenses
- $542,126
- Net increase / (decrease)
- $2,613,457
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Securian Financial Services Inc | ADVISOR | $27,644 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $24,765 | $0 | 2023 |