2023 Form 5500 filing — Nodak Insurance Company 401(K) Profit Sharing 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 20241015113756NAL0028217441001) for Nodak Insurance Company 401(K) Profit Sharing Plan, reported by Nodak Insurance Company under EIN 45-0216631 and plan number 004. It reports 271 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015113756NAL0028217441001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nodak Insurance Company
- EIN
- 45-0216631
- Plan number
- 004
- Location
- Fargo, ND
- Participants
- 271
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $51,536,118
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $51,536,118
- Employer contributions
- $1,447,959
- Participant contributions
- $1,322,019
- Total income / additions
- $11,273,409
- Benefits paid
- $3,157,822
- Administrative expenses
- $142,713
- Total expenses
- $3,300,535
- Net increase / (decrease)
- $7,972,874
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Custody Solutions | TRUSTEE | $75,950 | not reported in the loaded dataset |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $66,763 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |