Running Aces Casino & Racetrack 401(K) Plan — Form 5500 plan (North Metro Harness Initiative LLC)
Plain-English plan 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, Running Aces Casino & Racetrack 401(K) Plan is a benefit plan reported by North Metro Harness Initiative LLC under EIN 20-0045013 and plan number 001. The latest loaded filing year is 2023. The filing reports 647 participants and $8,809,288 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.8MPlan net assets, end of year$8,809,288
Participants647Covered participants reported
Assets / participant$13.6KComputed: assets ÷ participants$13,616 (computed)
Provider compensation$31K2 Schedule C provider row(s)$31,004
- Plan sponsor
- North Metro Harness Initiative LLC
- EIN
- 20-0045013
- Plan number
- 001
- Plan type
- 2
- Location
- Columbus, MN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 647 | H, C | 20240919083127NAL0005840273001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$8.8M total assets
Net assets$8.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $8,809,288
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,809,288
- Net assets (BOY)
- $6,695,196
Income & contributions
- Participant contributions
- $1,357,169
- Total contributions
- $1,372,536
- Total income / additions
- $2,661,967
Expenses & distributions
- Benefits paid
- $506,565
- Administrative expenses
- $31,004
- Total expenses
- $547,875
- Net increase / (decrease)
- $2,114,092
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income19%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Usi Advisors | NONE | $18,794 | not reported in the loaded dataset | 2023 |
| Minnesota Life Insurance Company | NONE | $12,210 | $0 | 2023 |