2023 Form 5500 filing — Scherer Bros Lumber Co 401k 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 20241212082600NAL0025401794001) for Scherer Bros Lumber Co 401k Profit Sharing Plan, reported by Scherer Bros Lumber Co under EIN 41-0678286 and plan number 001. It reports 229 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241212082600NAL0025401794001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Scherer Bros Lumber Co
- EIN
- 41-0678286
- Plan number
- 001
- Location
- Brooklyn Park, MN
- Participants
- 229
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $45,507,877
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $45,507,877
- Employer contributions
- $627,664
- Participant contributions
- $1,563,429
- Total income / additions
- $9,909,359
- Benefits paid
- $3,526,701
- Administrative expenses
- $4,356
- Total expenses
- $3,531,057
- Net increase / (decrease)
- $6,378,302
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $4,356 | $0 |