Fast Global Solutions, Inc. 401(K) Plan — Form 5500 plan (Fast Global Solutions, 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, Fast Global Solutions, Inc. 401(K) Plan is a benefit plan reported by Fast Global Solutions, Inc. under EIN 41-1362835 and plan number 001. The latest loaded filing year is 2023. The filing reports 589 participants and $17,010,222 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Fast Global Solutions, Inc.
EIN
41-1362835
Plan number
001
Plan type
2
Location
Glenwood, MN
Latest filing year
2023
Participants
589
End-of-year plan assets
$17,010,222

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023589H, C20241015073301NAL0055086898001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$17,010,222
Total liabilities (EOY)
$477,952
Net assets (EOY)
$16,532,270
Net assets (BOY)
$15,217,477

Income & contributions

Participant contributions
$1,536,983
Total contributions
$1,563,689
Total income / additions
$3,836,017

Expenses & distributions

Benefits paid
$2,475,402
Administrative expenses
$45,822
Total expenses
$2,521,224
Net increase / (decrease)
$1,314,793

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alerus Financial, N.A.NONE$1,283,736not reported in the loaded dataset2023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$19,267$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$13,717$02023

Related Form 5500 pages