Plan5500

Granite Falls, MN Form 5500 retirement and benefit plan filings

City Form 5500 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, Granite Falls, MN has 4 loaded benefit plan(s) reported by 3 plan sponsor(s), with $35,347,111 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
4
Plan sponsors
3
Latest filing year
2023

What stands out in Granite Falls

  • 4 loaded plans hold $35.3M in reported assets across 3 sponsors.
  • The largest, Fagen, Inc. 401(K) Plan, holds 76% of reported Granite Falls plan assets.
  • Plans cover 1,893 participants — about 473 per plan.
  • 75% of loaded plans report full Schedule H/I financial statements.
  • 75% report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$35.3MSummed across loaded plans$35,347,111
Total reported assets$35.3M$35,347,111
Total reported participants1.9K1,893
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$35.3M total assets
Net assets$35.3MLiabilities$0
Contributions & income
Employer contributions$982.7K
Participant contributions$2.3M
Total income / additions$8.3M
Expenses & distributions
Benefits paid / distributions$3.8M
Total expenses$3.9M
Net increase / (decrease)$4.4M

Data coverage

Plans with financial statements3 / 4 (75%)
Plans with provider compensation3 / 4 (75%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Granite Falls, MN plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Granite Falls market comparison

Largest plan share of assets76%Fagen, Inc. 401(K) Plan
Participants per plan473Average across loaded plans
Plan sponsors3
Ranked by reported assets

Largest loaded plans in Granite Falls

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Fagen, Inc. 401(K) Plan$26.8M
    Fagen, Inc. · 2023
  2. 2
    Reverence For Life & Concern For People, Inc. 401(K) Profit Sharing Plan$4.6M
    Reverence For Life & Concern For People, Inc. · 2023
  3. 3
    Upper Sioux Community/Prairie'S Edge Casino Resort 401(K)$4M
    Upper Sioux Community · 2023
  4. 4
    Fagen, Inc. Health And Welfare Benefit Plannot reported in the loaded dataset
    Fagen, Inc. · 2023

Largest plans in Granite Falls → · Granite Falls plans by participants → · Granite Falls plans with financial data → · Granite Falls plans with provider compensation → · $1B+ plans in Granite Falls →

What to inspect next

Frequently asked questions

How many Form 5500 benefit plans are loaded for Granite Falls, MN?
4 plan(s) reported by 3 sponsor(s) are loaded for Granite Falls, MN.

Related Form 5500 pages