2023 Form 5500 filing — Stine Seed Companies Multiple Employer 401(K) 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 20240730130007NAL0031731712001) for Stine Seed Companies Multiple Employer 401(K) Plan, reported by Stine Seed Farm, Inc. under EIN 42-0951585 and plan number 001. It reports 482 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240730130007NAL0031731712001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Stine Seed Farm, Inc.
- EIN
- 42-0951585
- Plan number
- 001
- Location
- Adel, IA
- Participants
- 482
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,427,972
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,427,972
- Employer contributions
- $598,183
- Participant contributions
- $1,731,266
- Total income / additions
- $7,727,816
- Benefits paid
- $1,882,840
- Administrative expenses
- $77,272
- Total expenses
- $1,960,112
- Net increase / (decrease)
- $5,767,704
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $66,072 | $0 |
| Northwestern Mutual Wealth Mgmt | INVESTMENT ADVISORY | $0 | $35,471 |
| Newport Group Inc. | CONTRACT ADMINISTRATOR | $11,206 | $6,352 |