2023 Form 5500 filing — Minneapolis Clinic 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 20241002125917NAL0008801681001) for Minneapolis Clinic Profit Sharing & 401(K) Plan, reported by Minneapolis Clinic Of Neurology Ltd under EIN 41-0999094 and plan number 001. It reports 401 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002125917NAL0008801681001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Minneapolis Clinic Of Neurology Ltd
- EIN
- 41-0999094
- Plan number
- 001
- Location
- Golden Valley, MN
- Participants
- 401
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $64,459,921
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $64,459,921
- Employer contributions
- $1,982,545
- Participant contributions
- $1,549,179
- Total income / additions
- $15,771,302
- Benefits paid
- $8,723,405
- Administrative expenses
- $107,786
- Total expenses
- $8,831,191
- Net increase / (decrease)
- $6,940,111
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $64,214 | $0 |
| Intellicents Investment | INVESTMENT ADVISORY | $44,988 | $12 |