2023 Form 5500 filing — Teamsters Local 346 Savings & 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 20241008214357NAL0018336657001) for Teamsters Local 346 Savings & 401(K) Plan, reported by Trustees Teamsters Local 346 Savings & 401(K) Plan under EIN 41-1872921 and plan number 001. It reports 537 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 1 · 2023
Filing snapshot
Net assets (EOY)$26.6MReported net assets$26,598,456
Participants537
Provider compensation$121.7K5 Schedule C row(s)$121,681
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241008214357NAL0018336657001
- Plan sponsor
- Trustees Teamsters Local 346 Savings & 401(K) Plan
- EIN
- 41-1872921
- Plan number
- 001
- Location
- Duluth, MN
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$26.6M total assets
Net assets$26.6MLiabilities$10.6K
Full reported line items
- Total assets (EOY)
- $26,609,008
- Total liabilities (EOY)
- $10,552
- Net assets (EOY)
- $26,598,456
- Employer contributions
- $1,200,958
- Participant contributions
- $423,444
- Total income / additions
- $5,230,640
- Benefits paid
- $2,011,298
- Administrative expenses
- $133,256
- Total expenses
- $2,144,554
- Net increase / (decrease)
- $3,086,086
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Rbc Wealth Management | NONE | $41,500 | not reported in the loaded dataset |
| Alerus Retirement Solutions | NONE | $27,877 | not reported in the loaded dataset |
| Wilson Mcshane Corporation | NONE | $26,570 | not reported in the loaded dataset |
| Andrew, Bransky & Poole, P.A. | NONE | $13,734 | not reported in the loaded dataset |
| Legacy Professionals Llp | NONE | $12,000 | not reported in the loaded dataset |