Torgerson Properties Retirement Savings Plan — Form 5500 plan (Torgerson Properties, Inc. Dba Tpi Hospitality)

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, Torgerson Properties Retirement Savings Plan is a benefit plan reported by Torgerson Properties, Inc. Dba Tpi Hospitality under EIN 41-0991920 and plan number 001. The latest loaded filing year is 2023. The filing reports 868 participants and $14,649,023 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Torgerson Properties, Inc. Dba Tpi Hospitality
EIN
41-0991920
Plan number
001
Plan type
2
Location
Willmar, MN
Latest filing year
2023
Participants
868
End-of-year plan assets
$14,649,023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023868H, C20240925084829NAL0005323715001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,649,023
Total liabilities (EOY)
$90,212
Net assets (EOY)
$14,558,811
Net assets (BOY)
$11,577,365

Income & contributions

Employer contributions
$354,632
Participant contributions
$928,672
Total contributions
$1,286,078
Total income / additions
$3,707,246

Expenses & distributions

Benefits paid
$653,460
Administrative expenses
$72,340
Total expenses
$725,800
Net increase / (decrease)
$2,981,446

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alerus Financial, N.A.NONE$38,686$02023
Sweet Financial PartnersNONE$33,654$02023

Related Form 5500 pages