Nodak Insurance Company 401(K) Profit Sharing Plan — Form 5500 plan (Nodak Insurance 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, Nodak Insurance Company 401(K) Profit Sharing Plan is a benefit plan reported by Nodak Insurance Company under EIN 45-0216631 and plan number 004. The latest loaded filing year is 2023. The filing reports 271 participants and $51,536,118 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nodak Insurance Company
- EIN
- 45-0216631
- Plan number
- 004
- Plan type
- 2
- Location
- Fargo, ND
- Latest filing year
- 2023
- Participants
- 271
- End-of-year plan assets
- $51,536,118
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 271 | H, C | 20241015113756NAL0028217441001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $51,536,118
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $51,536,118
- Net assets (BOY)
- $43,563,244
Income & contributions
- Employer contributions
- $1,447,959
- Participant contributions
- $1,322,019
- Total contributions
- $2,910,567
- Total income / additions
- $11,273,409
Expenses & distributions
- Benefits paid
- $3,157,822
- Administrative expenses
- $142,713
- Total expenses
- $3,300,535
- Net increase / (decrease)
- $7,972,874
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Custody Solutions | TRUSTEE | $75,950 | not reported in the loaded dataset | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $66,763 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |