Faribault Foods, Inc Pension Plan — Form 5500 plan (Faribault Foods Inc)

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, Faribault Foods, Inc Pension Plan is a benefit plan reported by Faribault Foods Inc under EIN 41-0246215 and plan number 001. The latest loaded filing year is 2023. The filing reports 327 participants and $14,192,850 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Faribault Foods Inc
EIN
41-0246215
Plan number
001
Plan type
2
Location
Faribault, MN
Latest filing year
2023
Participants
327
End-of-year plan assets
$14,192,850

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023327H, C20241015123310NAL0056151058001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,192,850
Total liabilities (EOY)
$0
Net assets (EOY)
$14,192,850
Net assets (BOY)
$13,445,929

Income & contributions

Employer contributions
$351,000
Total contributions
$351,000
Total income / additions
$1,875,054

Expenses & distributions

Benefits paid
$974,376
Administrative expenses
$153,757
Total expenses
$1,128,133
Net increase / (decrease)
$746,921

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
MercerNONE$89,336not reported in the loaded dataset2023
Principal Custody SolutionsNONE$64,421not reported in the loaded dataset2023

Related Form 5500 pages