Safe Harbor 401(K) Profit Sharing Plan For Employees Of Tri-Valley Opportunity Council, Inc. — Form 5500 plan (Tri-Valley Opportunity Council)

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, Safe Harbor 401(K) Profit Sharing Plan For Employees Of Tri-Valley Opportunity Council, Inc. is a benefit plan reported by Tri-Valley Opportunity Council under EIN 41-0888488 and plan number 001. The latest loaded filing year is 2023. The filing reports 533 participants and $15,476,299 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.5MPlan net assets, end of year$15,476,299
Participants533Covered participants reported
Assets / participant$29KComputed: assets ÷ participants$29,036 (computed)
Provider compensation$3.3K1 Schedule C provider row(s)$3,347
Plan sponsor
Tri-Valley Opportunity Council
EIN
41-0888488
Plan number
001
Plan type
2
Location
Crookston, MN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023533H, C20241014103829NAL0013148099001
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)$15.5M total assets
Net assets$15.5MLiabilities$0
Money in vs. money out
Total income / additions$3.5M
Total expenses$818.3K
Benefits paid / distributions$815K
Contributions
Employer$491.3K
Participant$707.8K
Full reported line items

Net assets

Total assets (EOY)
$15,476,299
Total liabilities (EOY)
$0
Net assets (EOY)
$15,476,299
Net assets (BOY)
$12,826,844

Income & contributions

Employer contributions
$491,251
Participant contributions
$707,806
Total contributions
$1,444,719
Total income / additions
$3,467,764

Expenses & distributions

Benefits paid
$814,962
Administrative expenses
$3,347
Total expenses
$818,309
Net increase / (decrease)
$2,649,455
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 41%Participant 59%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mutual Of America Investment CorpRECORDKEEPER$3,347$02023

Related Form 5500 pages