Plan5500

Coles Salon, Inc. 401(K) Plan — Form 5500 plan (Coles Salon, 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, Coles Salon, Inc. 401(K) Plan is a benefit plan reported by Coles Salon, Inc. under EIN 41-1424867 and plan number 001. The latest loaded filing year is 2023. The filing reports 315 participants and $42,778,073 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Coles Salon, Inc.
EIN
41-1424867
Plan number
001
Plan type
2
Location
Burnsville, MN
Latest filing year
2023
Participants
315
End-of-year plan assets
$42,778,073

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023315H, C20241014154853NAL0026622769001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$42,778,073
Total liabilities (EOY)
$6,267
Net assets (EOY)
$42,771,806
Net assets (BOY)
$34,645,047

Income & contributions

Participant contributions
$1,544,522
Total contributions
$1,550,824
Total income / additions
$9,996,705

Expenses & distributions

Benefits paid
$1,867,003
Administrative expenses
$2,943
Total expenses
$1,869,946
Net increase / (decrease)
$8,126,759

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alerus Financial, N.A.NONE$2,943$02023

Related Form 5500 pages