Bruening Rock Products, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Bruening Rock Products, 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, Bruening Rock Products, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Bruening Rock Products, Inc. under EIN 42-0632195 and plan number 001. The latest loaded filing year is 2023. The filing reports 492 participants and $17,048,417 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$17MPlan net assets, end of year$17,048,417
Participants492Covered participants reported
Assets / participant$34.7KComputed: assets ÷ participants$34,651 (computed)
Provider compensation$9.1K1 Schedule C provider row(s)$9,100
Plan sponsor
Bruening Rock Products, Inc.
EIN
42-0632195
Plan number
001
Plan type
2
Location
Decorah, IA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023492H, C20241009092153NAL0036584706001
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)$17M total assets
Net assets$17MLiabilities$0
Money in vs. money out
Total income / additions$4M
Total expenses$644.3K
Benefits paid / distributions$635.2K
Contributions
Employer$310.6K
Participant$1.4M
Full reported line items

Net assets

Total assets (EOY)
$17,048,417
Total liabilities (EOY)
$0
Net assets (EOY)
$17,048,417
Net assets (BOY)
$13,688,515

Income & contributions

Employer contributions
$310,562
Participant contributions
$1,383,053
Total contributions
$1,724,239
Total income / additions
$4,004,228

Expenses & distributions

Benefits paid
$635,226
Administrative expenses
$9,100
Total expenses
$644,326
Net increase / (decrease)
$3,359,902
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.

Contribution share (employer vs. participant)
Employer 18%Participant 82%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income16%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Minnesota Life Insurance CompanyNONE$9,100$02023

Related Form 5500 pages