Poet 401(K) Plan — Form 5500 plan (Poet Biorefining LLC)

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, Poet 401(K) Plan is a benefit plan reported by Poet Biorefining LLC under EIN 47-4454378 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,992 participants and $219,059,384 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Poet Biorefining LLC
EIN
47-4454378
Plan number
001
Plan type
3
Location
Sioux Falls, SD
Latest filing year
2023
Participants
2,992
End-of-year plan assets
$219,059,384

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,992H, C20241011153816NAL0012712243001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$219,059,384
Total liabilities (EOY)
$0
Net assets (EOY)
$219,059,384
Net assets (BOY)
$171,826,935

Income & contributions

Employer contributions
$6,218,847
Participant contributions
$16,059,311
Total contributions
$24,254,055
Total income / additions
$61,457,994

Expenses & distributions

Benefits paid
$14,045,686
Administrative expenses
$169,911
Total expenses
$14,225,545
Net increase / (decrease)
$47,232,449

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Minnesota Life Insurance CompanyNONE$115,825$02023
Elgethun Capital ManagementNONE$54,086not reported in the loaded dataset2023

Related Form 5500 pages