2023 Form 5500 filing — Northern Air Corporation 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 20241011121939NAL0043637762001) for Northern Air Corporation 401(K) Plan, reported by Northern Air Corporation under EIN 41-1508221 and plan number 003. It reports 125 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011121939NAL0043637762001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Northern Air Corporation
- EIN
- 41-1508221
- Plan number
- 003
- Location
- Vadnais Heights, MN
- Participants
- 125
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,868,982
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,868,982
- Employer contributions
- $662,148
- Participant contributions
- $502,677
- Total income / additions
- $4,284,981
- Benefits paid
- $1,663,630
- Administrative expenses
- $72,915
- Total expenses
- $1,736,545
- Net increase / (decrease)
- $2,548,436
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Trust Point Inc | NONE | $62,615 | not reported in the loaded dataset |
| John A Knutson & Co, Pllp | NONE | $10,300 | not reported in the loaded dataset |