2023 Form 5500 filing — Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings 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 20241230122006NAL0010173523001) for Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan, reported by Olsen Thielen & Co., Ltd under EIN 41-1360831 and plan number 002. It reports 144 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241230122006NAL0010173523001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Olsen Thielen & Co., Ltd
- EIN
- 41-1360831
- Plan number
- 002
- Location
- Roseville, MN
- Participants
- 144
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $46,473,071
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $46,473,071
- Employer contributions
- $1,250,578
- Participant contributions
- $1,425,747
- Total income / additions
- $10,002,402
- Benefits paid
- $1,414,541
- Administrative expenses
- $93,939
- Total expenses
- $1,508,480
- Net increase / (decrease)
- $8,493,922
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Avantax Retirement Plan Services | NA | $93,939 | not reported in the loaded dataset |