2023 Form 5500 filing — Minco Products, Inc. 401k Savings And 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 20250808120500NAL0004431459001) for Minco Products, Inc. 401k Savings And Profit Sharing Plan, reported by Minco Products, Inc. under EIN 41-0783878 and plan number 001. It reports 521 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$58.7MReported net assets$58,696,813
Participants521
Provider compensation$96.3K2 Schedule C row(s)$96,294
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20250808120500NAL0004431459001
Plan sponsor
Minco Products, Inc.
EIN
41-0783878
Plan number
001
Location
Minneapolis, MN
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

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

Reported balance (end of year)$58.7M total assets
Net assets$58.7MLiabilities$29.8K
Money in vs. money out
Total income / additions$11.5M
Total expenses$9.4M
Benefits paid / distributions$9.3M
Contributions
Employer$700K
Participant$1.5M
Full reported line items
Total assets (EOY)
$58,726,649
Total liabilities (EOY)
$29,836
Net assets (EOY)
$58,696,813
Employer contributions
$700,006
Participant contributions
$1,504,309
Total income / additions
$11,526,525
Benefits paid
$9,320,883
Administrative expenses
$96,294
Total expenses
$9,417,177
Net increase / (decrease)
$2,109,348

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Advisornet Financial, Inc.NONE$55,578not reported in the loaded dataset
Alerus Financial, N.A.NONE$40,716$0

Related Form 5500 pages