Rural Minnesota Cep, Inc. Tax Sheltered Annuity Plan — Form 5500 plan (Rural Minnesota Cep)
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, Rural Minnesota Cep, Inc. Tax Sheltered Annuity Plan is a benefit plan reported by Rural Minnesota Cep under EIN 41-0942639 and plan number 001. The latest loaded filing year is 2023. The filing reports 115 participants and $4,974,765 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Rural Minnesota Cep
- EIN
- 41-0942639
- Plan number
- 001
- Plan type
- 2
- Location
- Detroit Lakes, MN
- Latest filing year
- 2023
- Participants
- 115
- End-of-year plan assets
- $4,974,765
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 115 | H, C | 20240925114135NAL0014264577001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,974,765
- Total liabilities (EOY)
- $240
- Net assets (EOY)
- $4,974,525
- Net assets (BOY)
- $4,803,932
Income & contributions
- Employer contributions
- $174,749
- Participant contributions
- $292,559
- Total contributions
- $639,581
- Total income / additions
- $1,423,916
Expenses & distributions
- Benefits paid
- $1,230,532
- Administrative expenses
- $22,791
- Total expenses
- $1,253,323
- Net increase / (decrease)
- $170,593
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $14,080 | $0 | 2023 |
| Securities America Advisors, Inc | ADVISOR | $12,732 | not reported in the loaded dataset | 2023 |
| Compensation Benefit Planning, Inc. | THIRD PARTY ADMINISTRATOR | $0 | $2,836 | 2023 |
| Erp National LLC Dba Erp Retirement | CONTRACT ADMIN | $0 | $882 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $14 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Rural Minnesota Cep
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Detroit Lakes, MN
- Empower Annuity Ins Co Of America — Schedule C compensation
- Securities America Advisors, Inc — Schedule C compensation
- Compensation Benefit Planning, Inc. — Schedule C compensation
- Erp National LLC Dba Erp Retirement — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation