2023 Form 5500 filing — Nuvera Communications, Inc. Salary Savings 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 20241003145957NAL0005800019001) for Nuvera Communications, Inc. Salary Savings Plan, reported by Nuvera Communications, Inc. under EIN 41-0440990 and plan number 002. It reports 259 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003145957NAL0005800019001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nuvera Communications, Inc.
- EIN
- 41-0440990
- Plan number
- 002
- Location
- New Ulm, MN
- Participants
- 259
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,506,378
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,506,378
- Employer contributions
- $414,581
- Participant contributions
- $1,344,692
- Total income / additions
- $5,697,663
- Benefits paid
- $1,558,145
- Administrative expenses
- $6,426
- Total expenses
- $1,564,571
- Net increase / (decrease)
- $4,133,092
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial LLC - Rpcp | INVESTMENT ADVISORY | $0 | $60,645 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $6,425 | $0 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |