Cultivate Solutions 401(K) Plan And Trust — Form 5500 plan (Food Management Investors, Inc. Dba Cultivate Solutions)

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, Cultivate Solutions 401(K) Plan And Trust is a benefit plan reported by Food Management Investors, Inc. Dba Cultivate Solutions under EIN 45-0417148 and plan number 001. The latest loaded filing year is 2023. The filing reports 715 participants and $11,172,524 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Food Management Investors, Inc. Dba Cultivate Solutions
EIN
45-0417148
Plan number
001
Plan type
3
Location
Minot, ND
Latest filing year
2023
Participants
715
End-of-year plan assets
$11,172,524

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023715H, C20240807113203NAL0003481969001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,172,524
Total liabilities (EOY)
$0
Net assets (EOY)
$11,172,524
Net assets (BOY)
$9,161,399

Income & contributions

Employer contributions
$548,102
Participant contributions
$942,794
Total contributions
$1,497,620
Total income / additions
$3,120,462

Expenses & distributions

Benefits paid
$1,034,479
Administrative expenses
$74,858
Total expenses
$1,109,337
Net increase / (decrease)
$2,011,125

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life Insurance CompanyNONE$5,136$02023
Wilshire Associates IncNONE$0$1,9052023

Related Form 5500 pages