2023 Form 5500 filing — Nystrom, Incorporated Employee Savings & Retirement Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240626131551NAL0005451219001) for Nystrom, Incorporated Employee Savings & Retirement Plan, reported by Nystrom, Incorportated under EIN 41-0795047 and plan number 003. It reports 245 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240626131551NAL0005451219001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nystrom, Incorportated
- EIN
- 41-0795047
- Plan number
- 003
- Location
- Brooklyn Park, MN
- Participants
- 245
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,473,051
- Total liabilities (EOY)
- $9,041
- Net assets (EOY)
- $20,464,010
- Employer contributions
- $531,500
- Participant contributions
- $1,297,516
- Total income / additions
- $5,047,956
- Benefits paid
- $1,511,907
- Administrative expenses
- $49,455
- Total expenses
- $1,561,362
- Net increase / (decrease)
- $3,486,594
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus Financial, N.A. | NONE | $29,423 | $0 |
| Intellicents, Inc. | NONE | $17,187 | not reported in the loaded dataset |