J. H. Larson Electrical Company 401(K) Retirement Plan — Form 5500 plan (J.H. Larson Electrical 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, J. H. Larson Electrical Company 401(K) Retirement Plan is a benefit plan reported by J.H. Larson Electrical Company under EIN 41-0747453 and plan number 002. The latest loaded filing year is 2023. The filing reports 208 participants and $19,026,276 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$19MPlan net assets, end of year$19,021,443
Participants208Covered participants reported
Assets / participant$91.5KComputed: assets ÷ participants$91,472 (computed)
Provider compensation$48.6K2 Schedule C provider row(s)$48,569
Plan sponsor
J.H. Larson Electrical Company
EIN
41-0747453
Plan number
002
Plan type
2
Location
Plymouth, MN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023208H, C20241014081253NAL0045279120001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$19M total assets
Net assets$19MLiabilities$4.8K
Money in vs. money out
Total income / additions$4.1M
Total expenses$1.6M
Benefits paid / distributions$1.6M
Contributions
Employer$214.1K
Participant$926K
Full reported line items

Net assets

Total assets (EOY)
$19,026,276
Total liabilities (EOY)
$4,833
Net assets (EOY)
$19,021,443
Net assets (BOY)
$16,556,674

Income & contributions

Employer contributions
$214,118
Participant contributions
$926,032
Total contributions
$1,274,289
Total income / additions
$4,101,861

Expenses & distributions

Benefits paid
$1,588,523
Administrative expenses
$48,569
Total expenses
$1,637,092
Net increase / (decrease)
$2,464,769
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 19%Participant 81%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income39%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alerus Financial, N.A.NONE$30,182$02023
Alerus Investment Advisors, Inc.NONE$18,387not reported in the loaded dataset2023

Related Form 5500 pages