Allete And Affiliated Companies Retirement Savings And Stock Ownership Plan — Form 5500 plan (Allete, 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, Allete And Affiliated Companies Retirement Savings And Stock Ownership Plan is a benefit plan reported by Allete, Inc. under EIN 41-0418150 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,130 participants and $546,169,297 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Allete, Inc.
- EIN
- 41-0418150
- Plan number
- 002
- Plan type
- 2
- Location
- Duluth, MN
- Latest filing year
- 2023
- Participants
- 2,130
- End-of-year plan assets
- $546,169,297
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,130 | H, C | 20240731091115NAL0048063058001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $546,169,297
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $546,169,297
- Net assets (BOY)
- $484,094,253
Income & contributions
- Employer contributions
- $13,743,169
- Participant contributions
- $16,243,943
- Total contributions
- $32,230,947
- Total income / additions
- $96,489,384
Expenses & distributions
- Benefits paid
- $36,345,485
- Administrative expenses
- $533,897
- Total expenses
- $36,926,693
- Net increase / (decrease)
- $59,562,691
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | NONE | $327,845 | $0 | 2023 |
| Empower Advisory Group | NONE | $262,507 | not reported in the loaded dataset | 2023 |
| Geneva Capital Management, LLC | NONE | $94,392 | $0 | 2023 |
| Taft Stettinius & Hollister Llp | NONE | $42,118 | not reported in the loaded dataset | 2023 |
| Reilly Penner & Benton Llp | NONE | $22,099 | not reported in the loaded dataset | 2023 |
| Creative Planning LLC | NONE | $22,000 | not reported in the loaded dataset | 2023 |
| Empower Financial Services, Inc. | NONE | $2,402 | $0 | 2023 |
| Qdro Consultants Company, LLC | NONE | $684 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Allete, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Duluth, MN
- Empower Annuity Insurance Company — Schedule C compensation
- Empower Advisory Group — Schedule C compensation
- Geneva Capital Management, LLC — Schedule C compensation
- Taft Stettinius & Hollister Llp — Schedule C compensation
- Reilly Penner & Benton Llp — Schedule C compensation
- Creative Planning LLC — Schedule C compensation
- Empower Financial Services, Inc. — Schedule C compensation
- Qdro Consultants Company, LLC — Schedule C compensation