Rainbow Tree Company 401(K) Plan — Form 5500 plan (Rainbow Tree Company)
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, Rainbow Tree Company 401(K) Plan is a benefit plan reported by Rainbow Tree Company under EIN 41-1463241 and plan number 001. The latest loaded filing year is 2023. The filing reports 430 participants and $13,066,366 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$12.9MPlan net assets, end of year$12,885,999
Participants430Covered participants reported
Assets / participant$30.4KComputed: assets ÷ participants$30,387 (computed)
Provider compensation$33.3K1 Schedule C provider row(s)$33,282
- Plan sponsor
- Rainbow Tree Company
- EIN
- 41-1463241
- Plan number
- 001
- Plan type
- 2
- Location
- Minnetonka, MN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 430 | H, C | 20241016090844NAL0015714915001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$13.1M total assets
Net assets$12.9MLiabilities$180.4K
Full reported line items
Net assets
- Total assets (EOY)
- $13,066,366
- Total liabilities (EOY)
- $180,367
- Net assets (EOY)
- $12,885,999
- Net assets (BOY)
- $9,789,938
Income & contributions
- Employer contributions
- $474,283
- Participant contributions
- $1,345,270
- Total contributions
- $1,907,320
- Total income / additions
- $3,800,518
Expenses & distributions
- Benefits paid
- $671,175
- Administrative expenses
- $33,282
- Total expenses
- $704,457
- Net increase / (decrease)
- $3,096,061
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
26%74%
Employer 26%Participant 74%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income18%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alerus Financial, N.A. | NONE | $33,282 | $0 | 2023 |