2023 Form 5500 filing — Minnesota Valley Testing Laboratories, Inc. 401(K) 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 20240829102914NAL0012982305001) for Minnesota Valley Testing Laboratories, Inc. 401(K) Employee Savings & Retirement Plan, reported by Minnesota Valley Testing Laboratories, Inc. under EIN 41-0812450 and plan number 001. It reports 247 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240829102914NAL0012982305001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Minnesota Valley Testing Laboratories, Inc.
- EIN
- 41-0812450
- Plan number
- 001
- Location
- New Ulm, MN
- Participants
- 247
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,538,597
- Total liabilities (EOY)
- $15,668
- Net assets (EOY)
- $22,522,929
- Employer contributions
- $178,737
- Participant contributions
- $973,774
- Total income / additions
- $4,384,996
- Benefits paid
- $323,027
- Administrative expenses
- $41,840
- Total expenses
- $364,867
- Net increase / (decrease)
- $4,020,129
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus Financial, N.A | NONE | $25,784 | $0 |
| Intellicents Inc. | NONE | $16,056 | not reported in the loaded dataset |