2023 Form 5500 filing — Pete Lien & Sons, Inc. Profit Sharing/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 20240923103613NAL0004103139001) for Pete Lien & Sons, Inc. Profit Sharing/401(K) Plan, reported by Pete Lien & Sons, Inc. under EIN 46-0271589 and plan number 001. It reports 539 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240923103613NAL0004103139001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Pete Lien & Sons, Inc.
- EIN
- 46-0271589
- Plan number
- 001
- Location
- Rapid City, SD
- Participants
- 539
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $50,044,562
- Total liabilities (EOY)
- $18,650
- Net assets (EOY)
- $50,025,912
- Employer contributions
- $1,582,639
- Participant contributions
- $2,567,285
- Total income / additions
- $10,481,476
- Benefits paid
- $4,631,190
- Administrative expenses
- $123,363
- Total expenses
- $4,754,553
- Net increase / (decrease)
- $5,726,923
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Creative Planning LLC | NONE | $60,000 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | NONE | $51,023 | $0 |
| Eide Bailly Llp | NONE | $12,160 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc | NONE | $180 | $0 |