Bushel Inc. 401(K) Plan — Form 5500 plan (Bushel 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, Bushel Inc. 401(K) Plan is a benefit plan reported by Bushel Inc. under EIN 84-3607278 and plan number 001. The latest loaded filing year is 2023. The filing reports 194 participants and $9,899,615 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bushel Inc.
- EIN
- 84-3607278
- Plan number
- 001
- Plan type
- 2
- Location
- Fargo, ND
- Latest filing year
- 2023
- Participants
- 194
- End-of-year plan assets
- $9,899,615
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 194 | H, C | 20241015121419NAL0047826960001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,899,615
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,899,615
- Net assets (BOY)
- $6,191,394
Income & contributions
- Employer contributions
- $735,029
- Participant contributions
- $1,401,605
- Total contributions
- $3,083,003
- Total income / additions
- $4,762,442
Expenses & distributions
- Benefits paid
- $1,016,480
- Administrative expenses
- $37,741
- Total expenses
- $1,054,221
- Net increase / (decrease)
- $3,708,221
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bell Bank | RECORDKEEPER | $31,598 | $0 | 2023 |
| Alerus Financial, N.A. | ADVISOR | $6,143 | not reported in the loaded dataset | 2023 |