Oftedal Construction, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Oftedal Construction, 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, Oftedal Construction, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Oftedal Construction, Inc. under EIN 81-0307943 and plan number 003. The latest loaded filing year is 2023. The filing reports 232 participants and $10,988,081 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Oftedal Construction, Inc.
- EIN
- 81-0307943
- Plan number
- 003
- Plan type
- 2
- Location
- Miles City, MT
- Latest filing year
- 2023
- Participants
- 232
- End-of-year plan assets
- $10,988,081
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 232 | H, C | 20250926085838NAL0011601347001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,988,081
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,988,081
- Net assets (BOY)
- $10,153,849
Income & contributions
- Employer contributions
- $133,422
- Participant contributions
- $839,272
- Total contributions
- $972,694
- Total income / additions
- $2,510,808
Expenses & distributions
- Benefits paid
- $1,879,866
- Administrative expenses
- $30,219
- Total expenses
- $1,914,977
- Net increase / (decrease)
- $595,831
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $30,219 | $0 | 2023 |
| First Interstate Bank Of Commerce | INVESTMENT ADVISORY | $0 | $19,376 | 2023 |
| Lpl Financial LLC - Rpcp | INVESTMENT ADVISORY | $0 | $6,225 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Oftedal Construction, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MT
- 401(k) and benefit plan filings in Miles City, MT
- Principal Life Insurance Company — Schedule C compensation
- First Interstate Bank Of Commerce — Schedule C compensation
- Lpl Financial LLC - Rpcp — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation