2023 Form 5500 filing — Rural Minnesota Cep, Inc. Tax Sheltered Annuity 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 20240925114135NAL0014264577001) for Rural Minnesota Cep, Inc. Tax Sheltered Annuity Plan, reported by Rural Minnesota Cep under EIN 41-0942639 and plan number 001. It reports 115 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240925114135NAL0014264577001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Rural Minnesota Cep
- EIN
- 41-0942639
- Plan number
- 001
- Location
- Detroit Lakes, MN
- Participants
- 115
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,974,765
- Total liabilities (EOY)
- $240
- Net assets (EOY)
- $4,974,525
- Employer contributions
- $174,749
- Participant contributions
- $292,559
- Total income / additions
- $1,423,916
- Benefits paid
- $1,230,532
- Administrative expenses
- $22,791
- Total expenses
- $1,253,323
- Net increase / (decrease)
- $170,593
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $14,080 | $0 |
| Securities America Advisors, Inc | ADVISOR | $12,732 | not reported in the loaded dataset |
| Compensation Benefit Planning, Inc. | THIRD PARTY ADMINISTRATOR | $0 | $2,836 |
| Erp National LLC Dba Erp Retirement | CONTRACT ADMIN | $0 | $882 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $14 | not reported in the loaded dataset |