Butler National Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Butler National Corporation)
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, Butler National Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Butler National Corporation under EIN 41-0834293 and plan number 001. The latest loaded filing year is 2023. The filing reports 173 participants and $18,932,764 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Butler National Corporation
- EIN
- 41-0834293
- Plan number
- 001
- Plan type
- 2
- Location
- New Century, KS
- Latest filing year
- 2023
- Participants
- 173
- End-of-year plan assets
- $18,932,764
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 173 | H, C | 20241014134628NAL0015042723001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,932,764
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,932,764
- Net assets (BOY)
- $18,818,709
Income & contributions
- Employer contributions
- $749,960
- Participant contributions
- $719,215
- Total contributions
- $1,469,175
- Total income / additions
- $2,915,769
Expenses & distributions
- Benefits paid
- $2,745,958
- Administrative expenses
- $55,756
- Total expenses
- $2,801,714
- Net increase / (decrease)
- $114,055
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tfb Advisors, LLC | ADVISORY | $54,250 | not reported in the loaded dataset | 2023 |
| Nationwide | RECORDKEEPER | $8,693 | $3,668 | 2023 |