Nd Banks Benefit Trust — Form 5500 plan (Nd Banks Benefit Trust)

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, Nd Banks Benefit Trust is a benefit plan reported by Nd Banks Benefit Trust under EIN 46-7521485 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,384 participants and $11,982,683 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nd Banks Benefit Trust
EIN
46-7521485
Plan number
501
Plan type
3
Location
Bismarck, ND
Latest filing year
2023
Participants
1,384
End-of-year plan assets
$11,982,683

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,384H, C20240911123840NAL0007033073004

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,982,683
Total liabilities (EOY)
$1,719,741
Net assets (EOY)
$10,262,942
Net assets (BOY)
$9,452,938

Income & contributions

Participant contributions
$19,322,986
Total contributions
$19,322,986
Total income / additions
$19,413,158

Expenses & distributions

Benefits paid
$17,207,540
Administrative expenses
$1,395,614
Total expenses
$18,603,154
Net increase / (decrease)
$810,004

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Noridian Mutual Insurance CompanyNONE$1,119,457not reported in the loaded dataset2023
Brown & BrownNONE$145,000not reported in the loaded dataset2023
Prime TherapeuticsNONE$0$105,9042023
North Dakota Bankers AssociationNONE$78,201not reported in the loaded dataset2023
Eide Bailly LlpNONE$17,050not reported in the loaded dataset2023

Related Form 5500 pages