Luther Memorial Home 401k Plan — Form 5500 plan (Luther Memorial Home)
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, Luther Memorial Home 401k Plan is a benefit plan reported by Luther Memorial Home under EIN 45-0261669 and plan number 002. The latest loaded filing year is 2023. The filing reports 161 participants and $4,717,600 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Luther Memorial Home
- EIN
- 45-0261669
- Plan number
- 002
- Plan type
- 2
- Location
- Mayville, ND
- Latest filing year
- 2023
- Participants
- 161
- End-of-year plan assets
- $4,717,600
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 161 | H, C | 20240827150638NAL0006174547003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,717,600
- Total liabilities (EOY)
- $5,602
- Net assets (EOY)
- $4,711,998
- Net assets (BOY)
- $5,061,593
Income & contributions
- Employer contributions
- $130,848
- Participant contributions
- $182,672
- Total contributions
- $458,459
- Total income / additions
- $1,191,694
Expenses & distributions
- Benefits paid
- $1,514,351
- Administrative expenses
- $26,938
- Total expenses
- $1,541,289
- Net increase / (decrease)
- -$349,595
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alerus Financial | NONE | $26,938 | $0 | 2023 |