Design Electric, Inc. 401(K) Retirement Plan — Form 5500 plan (Design Electric, 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, Design Electric, Inc. 401(K) Retirement Plan is a benefit plan reported by Design Electric, Inc. under EIN 41-1223438 and plan number 001. The latest loaded filing year is 2023. The filing reports 167 participants and $21,431,383 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Design Electric, Inc.
- EIN
- 41-1223438
- Plan number
- 001
- Plan type
- 2
- Location
- St. Cloud, MN
- Latest filing year
- 2023
- Participants
- 167
- End-of-year plan assets
- $21,431,383
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 167 | H, C | 20250306114903NAL0010269841001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,431,383
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,431,383
- Net assets (BOY)
- $19,052,013
Income & contributions
- Employer contributions
- $588,895
- Participant contributions
- $764,725
- Total contributions
- $1,439,930
- Total income / additions
- $3,912,201
Expenses & distributions
- Benefits paid
- $1,455,441
- Administrative expenses
- $75,937
- Total expenses
- $1,532,831
- Net increase / (decrease)
- $2,379,370
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Kdv Wealth Management, LLC | INVESTMENT ADVISOR | $35,480 | not reported in the loaded dataset | 2023 |
| Creative Planning Holdco LLC Dba Cr | INVESTMENT ADVISOR | $20,159 | not reported in the loaded dataset | 2023 |
| Design Electric Inc | OTHER | $13,700 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $4,294 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,304 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Design Electric, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in St. Cloud, MN
- Kdv Wealth Management, LLC — Schedule C compensation
- Creative Planning Holdco LLC Dba Cr — Schedule C compensation
- Design Electric Inc — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation