2023 Form 5500 filing — Northern Management Services, Inc. 401(K) Salary Reduction Plan & 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 20241014160104NAL0046721632001) for Northern Management Services, Inc. 401(K) Salary Reduction Plan & Trust, reported by Northern Management Services, Inc. under EIN 82-0443572 and plan number 001. It reports 232 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014160104NAL0046721632001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Northern Management Services, Inc.
- EIN
- 82-0443572
- Plan number
- 001
- Location
- Sandpoint, ID
- Participants
- 232
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,788,846
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,788,846
- Employer contributions
- $242,482
- Participant contributions
- $168,964
- Total income / additions
- $664,071
- Benefits paid
- $363,346
- Administrative expenses
- $5,797
- Total expenses
- $369,143
- Net increase / (decrease)
- $294,928
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Farmer & Betts | CONTRACT ADMIN | $7,840 | $1,714 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,457 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $1,150 | $0 |