Nuvera Communications, Inc. Salary Savings Plan — Form 5500 plan (Nuvera Communications, 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, Nuvera Communications, Inc. Salary Savings Plan is a benefit plan reported by Nuvera Communications, Inc. under EIN 41-0440990 and plan number 002. The latest loaded filing year is 2023. The filing reports 259 participants and $27,506,378 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nuvera Communications, Inc.
- EIN
- 41-0440990
- Plan number
- 002
- Plan type
- 2
- Location
- New Ulm, MN
- Latest filing year
- 2023
- Participants
- 259
- End-of-year plan assets
- $27,506,378
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 259 | H, C | 20241003145957NAL0005800019001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,506,378
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,506,378
- Net assets (BOY)
- $23,373,286
Income & contributions
- Employer contributions
- $414,581
- Participant contributions
- $1,344,692
- Total contributions
- $1,803,445
- Total income / additions
- $5,697,663
Expenses & distributions
- Benefits paid
- $1,558,145
- Administrative expenses
- $6,426
- Total expenses
- $1,564,571
- Net increase / (decrease)
- $4,133,092
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial LLC - Rpcp | INVESTMENT ADVISORY | $0 | $60,645 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $6,425 | $0 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Nuvera Communications, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in New Ulm, MN
- Lpl Financial LLC - Rpcp — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation