2023 Form 5500 filing — Abrasives Incorporated Employee Stock Ownership 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 20250221131858NAL0010547056001) for Abrasives Incorporated Employee Stock Ownership Plan, reported by Abrasives Incorporated under EIN 45-0416381 and plan number 004. It reports 53 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$19.6MReported net assets$19,553,435
Participants53
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20250221131858NAL0010547056001
Plan sponsor
Abrasives Incorporated
EIN
45-0416381
Plan number
004
Location
Glen Ullin, ND
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$19.7M total assets
Net assets$19.6MLiabilities$120K
Money in vs. money out
Total income / additions$5M
Total expenses$232.8K
Benefits paid / distributions$227.3K
Contributions
Employer$492.2K
Participant$0
Full reported line items
Total assets (EOY)
$19,673,435
Total liabilities (EOY)
$120,000
Net assets (EOY)
$19,553,435
Employer contributions
$492,186
Participant contributions
$0
Total income / additions
$5,034,088
Benefits paid
$227,272
Administrative expenses
$0
Total expenses
$232,788
Net increase / (decrease)
$4,801,300

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20250221131858NAL0010547056001 cover?
It is the 2023 Form 5500 filing for Abrasives Incorporated Employee Stock Ownership Plan, reported by Abrasives Incorporated (EIN 45-0416381).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages