Plan5500

Hector, 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, Hector, MN has 1 loaded benefit plan(s) reported by 1 plan sponsor(s), with $17,740,683 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
1
Plan sponsors
1
Latest filing year
2023

What stands out in Hector

  • 1 loaded plans hold $17.7M in reported assets across 1 sponsors.
  • The largest, Loftness Specialized Farm Equipment, Inc. Employee Stock Ownership Plan And Trust, holds 100% of reported Hector plan assets.
  • Plans cover 72 participants — about 72 per plan.
  • 100% of loaded plans report full Schedule H/I financial statements.
  • report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$17.3MSummed across loaded plans$17,293,135
Total reported assets$17.7M$17,740,683
Total reported participants72
Total reported liabilities$447.5K$447,548

Reported net position

Reported assets = net assets + liabilities (summed)$17.7M total assets
Net assets$17.3MLiabilities$447.5K
Contributions & income
Employer contributions$50.7K
Participant contributionsNot reported
Total income / additions-$10.1M
Expenses & distributions
Benefits paid / distributions$27.1K
Total expenses$37.2K
Net increase / (decrease)-$10.2M

Data coverage

Plans with financial statements1 / 1 (100%)
Plans with provider compensation0 / 1 ()

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Hector, 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

Hector market comparison

Largest plan share of assets100%Loftness Specialized Farm Equipment, Inc. Employee Stock Ownership Plan And Trust
Participants per plan72Average across loaded plans
Plan sponsors1
Ranked by reported assets

Largest loaded plans in Hector

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

  1. 1
    Loftness Specialized Farm Equipment, Inc. Employee Stock Ownership Plan And Trust$17.7M
    Loftness Specialized Farm Equipment , Inc. · 2023

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

What to inspect next

Frequently asked questions

How many Form 5500 benefit plans are loaded for Hector, MN?
1 plan(s) reported by 1 sponsor(s) are loaded for Hector, MN.

Related Form 5500 pages