2023 Form 5500 filing — Norlen Inc 401k Profit Sharing Plan And Trust
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 20241014115743NAL0045866944001) for Norlen Inc 401k Profit Sharing Plan And Trust, reported by Norlen, Inc under EIN 39-1033368 and plan number 002. It reports 212 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014115743NAL0045866944001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Norlen, Inc
- EIN
- 39-1033368
- Plan number
- 002
- Location
- Schofield, WI
- Participants
- 212
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,912,835
- Net assets (EOY)
- $8,912,835
- Employer contributions
- $309,567
- Participant contributions
- $373,221
- Total income / additions
- $1,814,145
- Benefits paid
- $784,169
- Administrative expenses
- $48,267
- Total expenses
- $832,436
- Net increase / (decrease)
- $981,709
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group LLC | INVESTMENT MANAGEMENT | $23,659 | not reported in the loaded dataset |
| Whalen Capital | INVESTMENT ADVISOR | $13,658 | not reported in the loaded dataset |
| Hawkins Ash Cpas | AUDITOR | $10,500 | not reported in the loaded dataset |
| Corporate Retirement Solutions LLC | TPA | $450 | $8,215 |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | not reported in the loaded dataset |