Farmers Coop Society 401(K) Profit Sharing Plan — Form 5500 plan (Farmers Cooperative Society)
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, Farmers Coop Society 401(K) Profit Sharing Plan is a benefit plan reported by Farmers Cooperative Society under EIN 42-0243080 and plan number 001. The latest loaded filing year is 2023. The filing reports 286 participants and $20,181,258 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Farmers Cooperative Society
- EIN
- 42-0243080
- Plan number
- 001
- Plan type
- 2
- Location
- Sioux Center, IA
- Latest filing year
- 2023
- Participants
- 286
- End-of-year plan assets
- $20,181,258
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 286 | H, C | 20250417091842NAL0001435632001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,181,258
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,181,258
- Net assets (BOY)
- $17,181,585
Income & contributions
- Employer contributions
- $549,503
- Participant contributions
- $1,406,983
- Total contributions
- $2,065,707
- Total income / additions
- $4,624,742
Expenses & distributions
- Benefits paid
- $1,548,808
- Administrative expenses
- $76,261
- Total expenses
- $1,625,069
- Net increase / (decrease)
- $2,999,673
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $76,261 | $0 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY | $0 | $42,962 | 2023 |