Northern Air Corporation 401(K) Plan — Form 5500 plan (Northern Air Corporation)
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, Northern Air Corporation 401(K) Plan is a benefit plan reported by Northern Air Corporation under EIN 41-1508221 and plan number 003. The latest loaded filing year is 2023. The filing reports 125 participants and $16,868,982 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Northern Air Corporation
- EIN
- 41-1508221
- Plan number
- 003
- Plan type
- 2
- Location
- Vadnais Heights, MN
- Latest filing year
- 2023
- Participants
- 125
- End-of-year plan assets
- $16,868,982
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 125 | H, C | 20241011121939NAL0043637762001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,868,982
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,868,982
- Net assets (BOY)
- $14,320,546
Income & contributions
- Employer contributions
- $662,148
- Participant contributions
- $502,677
- Total contributions
- $1,353,925
- Total income / additions
- $4,284,981
Expenses & distributions
- Benefits paid
- $1,663,630
- Administrative expenses
- $72,915
- Total expenses
- $1,736,545
- Net increase / (decrease)
- $2,548,436
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Trust Point Inc | NONE | $62,615 | not reported in the loaded dataset | 2023 |
| John A Knutson & Co, Pllp | NONE | $10,300 | not reported in the loaded dataset | 2023 |