2023 Form 5500 filing — Northern Tool & Equipment Company, Inc. 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 20241011140107NAL0022889169001) for Northern Tool & Equipment Company, Inc. 401(K) Plan, reported by Northern Tool & Equipment Company, Inc. under EIN 41-1405311 and plan number 003. It reports 4,472 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011140107NAL0022889169001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Northern Tool & Equipment Company, Inc.
- EIN
- 41-1405311
- Plan number
- 003
- Location
- Burnsville, MN
- Participants
- 4,472
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $94,276,147
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $94,276,147
- Employer contributions
- $2,431,826
- Participant contributions
- $8,483,250
- Total income / additions
- $24,968,521
- Benefits paid
- $16,167,222
- Administrative expenses
- $143,920
- Total expenses
- $16,311,192
- Net increase / (decrease)
- $8,657,329
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $135,638 | $0 |
| Empower Advisory Group, LLC | NONE | $3,753 | not reported in the loaded dataset |