Bachman'S 401(K) Retirement Savings Plan — Form 5500 plan (Bachman'S 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, Bachman'S 401(K) Retirement Savings Plan is a benefit plan reported by Bachman'S Inc. under EIN 41-1708088 and plan number 004. The latest loaded filing year is 2023. The filing reports 948 participants and $39,067,827 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$39.1MPlan net assets, end of year$39,067,827
Participants948Covered participants reported
Assets / participant$41.2KComputed: assets ÷ participants$41,211 (computed)
Provider compensation$58.9K3 Schedule C provider row(s)$58,873
- Plan sponsor
- Bachman'S Inc.
- EIN
- 41-1708088
- Plan number
- 004
- Plan type
- 2
- Location
- Minneapolis, MN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 948 | H, C | 20241007164703NAL0009059475001 |
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)$39.1M total assets
Net assets$39.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $39,067,827
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $39,067,827
- Net assets (BOY)
- $37,470,183
Income & contributions
- Employer contributions
- $231,976
- Participant contributions
- $1,128,953
- Total contributions
- $1,471,926
- Total income / additions
- $5,990,992
Expenses & distributions
- Benefits paid
- $4,345,513
- Administrative expenses
- $58,873
- Total expenses
- $4,420,168
- Net increase / (decrease)
- $1,570,824
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.
17%83%
Employer 17%Participant 83%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income73%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Swbc Investment Advisory Serv LLC D | INVESTMENT ADVISOR | $40,159 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $18,701 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $13 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bachman'S Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Minneapolis, MN
- Swbc Investment Advisory Serv LLC D — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation