Frandsen Financial Corporation Tax Deferred Savings And Profit Sharing Plan — Form 5500 plan (Frandsen Financial Corporation)
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, Frandsen Financial Corporation Tax Deferred Savings And Profit Sharing Plan is a benefit plan reported by Frandsen Financial Corporation under EIN 93-0848097 and plan number 001. The latest loaded filing year is 2023. The filing reports 714 participants and $73,608,123 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Frandsen Financial Corporation
- EIN
- 93-0848097
- Plan number
- 001
- Plan type
- 2
- Location
- Arden Hills, MN
- Latest filing year
- 2023
- Participants
- 714
- End-of-year plan assets
- $73,608,123
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 714 | H, C | 20240730095104NAL0044934994001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $73,608,123
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $73,608,123
- Net assets (BOY)
- $63,053,213
Income & contributions
- Employer contributions
- $3,482,243
- Participant contributions
- $3,550,636
- Total contributions
- $7,684,947
- Total income / additions
- $17,937,028
Expenses & distributions
- Benefits paid
- $7,359,311
- Administrative expenses
- $22,807
- Total expenses
- $7,382,118
- Net increase / (decrease)
- $10,554,910
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Advisory Group, LLC | INVESTMENT MGMT | $22,807 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $0 | 2023 |