Minnesota Elevator, Inc. Employee Stock Ownership Plan — Form 5500 plan (Minnesota Elevator, Inc)

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 Elevator, Inc. Employee Stock Ownership Plan is a benefit plan reported by Minnesota Elevator, Inc under EIN 41-0972538 and plan number 004. The latest loaded filing year is 2023. The filing reports 170 participants and $51,718,904 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Minnesota Elevator, Inc
EIN
41-0972538
Plan number
004
Plan type
2
Location
Mankato, MN
Latest filing year
2023
Participants
170
End-of-year plan assets
$51,718,904

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023170H20240911110658NAL0008409137001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$51,718,904
Total liabilities (EOY)
$6,239,917
Net assets (EOY)
$45,478,987
Net assets (BOY)
$28,624,895

Income & contributions

Employer contributions
$519,880
Total contributions
$519,880
Total income / additions
$20,633,187

Expenses & distributions

Benefits paid
$2,636,673
Administrative expenses
$62,918
Total expenses
$2,699,591
Net increase / (decrease)
$17,933,596

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages