Fridley Motor Company 401(K) Plan — Form 5500 plan (Fridley Motor Company)
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, Fridley Motor Company 401(K) Plan is a benefit plan reported by Fridley Motor Company under EIN 26-0700838 and plan number 001. The latest loaded filing year is 2023. The filing reports 143 participants and $5,472,635 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Fridley Motor Company
- EIN
- 26-0700838
- Plan number
- 001
- Plan type
- 2
- Location
- Fridley, MN
- Latest filing year
- 2023
- Participants
- 143
- End-of-year plan assets
- $5,472,635
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 143 | H, C | 20240916091603NAL0000603715001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,472,635
- Total liabilities (EOY)
- $4,348
- Net assets (EOY)
- $5,468,287
- Net assets (BOY)
- $4,621,288
Income & contributions
- Employer contributions
- $125,735
- Participant contributions
- $446,911
- Total contributions
- $641,405
- Total income / additions
- $1,424,134
Expenses & distributions
- Benefits paid
- $558,870
- Administrative expenses
- $18,056
- Total expenses
- $576,926
- Net increase / (decrease)
- $847,208
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alerus Financial, N.A. | NONE | $12,165 | $0 | 2023 |
| Alerus Investment Advisors | NONE | $5,891 | not reported in the loaded dataset | 2023 |