Plan5500

Applied Engineering, Inc. Employee Stock Ownership Plan And Trust — Form 5500 plan (Applied Engineering, Inc.)

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, Applied Engineering, Inc. Employee Stock Ownership Plan And Trust is a benefit plan reported by Applied Engineering, Inc. under EIN 45-0396816 and plan number 002. The latest loaded filing year is 2023. The filing reports 297 participants and $17,758,863 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Applied Engineering, Inc.
EIN
45-0396816
Plan number
002
Plan type
2
Location
Fargo, ND
Latest filing year
2023
Participants
297
End-of-year plan assets
$17,758,863

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023297H, C20240923143447NAL0011569201001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$17,758,863
Total liabilities (EOY)
$27,665
Net assets (EOY)
$17,731,198
Net assets (BOY)
$16,970,624

Income & contributions

Employer contributions
$870,604
Participant contributions
$495,174
Total contributions
$1,503,149
Total income / additions
$2,876,616

Expenses & distributions

Benefits paid
$2,070,262
Administrative expenses
$45,780
Total expenses
$2,116,042
Net increase / (decrease)
$760,574

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Valmark Advisers IncINVESTMENT ADVISER$25,170not reported in the loaded dataset2023
Empower Annuity Ins Co Of AmericaRECORDKEEPER$18,813$02023
Empower Advisory Group, LLCINVESTMENT MANAGEMENT$1,279not reported in the loaded dataset2023

Related Form 5500 pages