Safety Rail Company Retirement Savings Plan — Form 5500 plan (Safety Rail Company, 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, Safety Rail Company Retirement Savings Plan is a benefit plan reported by Safety Rail Company, LLC under EIN 27-5131245 and plan number 001. The latest loaded filing year is 2023. The filing reports 109 participants and $4,230,669 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Safety Rail Company, LLC
- EIN
- 27-5131245
- Plan number
- 001
- Plan type
- 2
- Location
- Spring Park, MN
- Latest filing year
- 2023
- Participants
- 109
- End-of-year plan assets
- $4,230,669
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 109 | H, C | 20241014091228NAL0013044163001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,230,669
- Total liabilities (EOY)
- $130
- Net assets (EOY)
- $4,230,539
- Net assets (BOY)
- $3,009,613
Income & contributions
- Employer contributions
- $345,710
- Participant contributions
- $490,035
- Total contributions
- $950,064
- Total income / additions
- $1,647,732
Expenses & distributions
- Benefits paid
- $388,732
- Administrative expenses
- $38,074
- Total expenses
- $426,806
- Net increase / (decrease)
- $1,220,926
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $38,158 | $0 | 2023 |
| Cetera Advisor Networks Insurance S | OTHER SERVICES | $0 | $272 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Safety Rail Company, LLC
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Spring Park, MN
- Principal Life Insurance Company — Schedule C compensation
- Cetera Advisor Networks Insurance S — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation