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, Minnesota Valley Testing Laboratories, Inc. 401(K) Employee Savings & Retirement Plan is a benefit plan reported by Minnesota Valley Testing Laboratories, Inc. under EIN 41-0812450 and plan number 001. The latest loaded filing year is 2023. The filing reports 247 participants and $22,538,597 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,538,597
- Total liabilities (EOY)
- $15,668
- Net assets (EOY)
- $22,522,929
- Net assets (BOY)
- $18,502,800
Income & contributions
- Employer contributions
- $178,737
- Participant contributions
- $973,774
- Total contributions
- $1,194,990
- Total income / additions
- $4,384,996
Expenses & distributions
- Benefits paid
- $323,027
- Administrative expenses
- $41,840
- Total expenses
- $364,867
- Net increase / (decrease)
- $4,020,129