Clearfield, Inc. 401(K) Plan & Trust — Form 5500 plan (Clearfield, 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, Clearfield, Inc. 401(K) Plan & Trust is a benefit plan reported by Clearfield, Inc. under EIN 41-1347235 and plan number 001. The latest loaded filing year is 2023. The filing reports 339 participants and $40,898,869 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Clearfield, Inc.
- EIN
- 41-1347235
- Plan number
- 001
- Plan type
- 2
- Location
- Brooklyn Park, MN
- Latest filing year
- 2023
- Participants
- 339
- End-of-year plan assets
- $40,898,869
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 339 | H, C | 20240717101036NAL0004230545001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $40,898,869
- Total liabilities (EOY)
- $56,919
- Net assets (EOY)
- $40,841,950
- Net assets (BOY)
- $33,216,263
Income & contributions
- Employer contributions
- $1,075,420
- Participant contributions
- $2,391,879
- Total contributions
- $3,789,497
- Total income / additions
- $9,410,940
Expenses & distributions
- Benefits paid
- $1,683,127
- Administrative expenses
- $91,669
- Total expenses
- $1,785,253
- Net increase / (decrease)
- $7,625,687
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners, LLC | BROKER | $56,919 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $28,920 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,829 | not reported in the loaded dataset | 2023 |
| Clearfield Inc | OTHER | $1,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Clearfield, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Brooklyn Park, MN
- Global Retirement Partners, LLC — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Clearfield Inc — Schedule C compensation