Powered by OnlyBoth

Profile

Pro Resources Retirement Savings Plan in Detroit Lakes, MN is in Minnesota, its EIN is 411592823, its industry group is Facilities Support Services, its plan administrator is Jodi Nielson, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a multiple-employer plan, its business code is 561210, has 1,000 to 4,999 total participants, is worse than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant, and is higher than the overall administrative medians in each of contract administrator fees, investment advisory and management fees, total administrative expenses, and total administrative expense ratio.

Numeric values:
- total assets ($19,631,185)
- net assets (assets minus liabilities) ($19.60M)
- value of interest in registered investment companies (e.g., mutual funds) ($19.20M)
- total assets at beginning of plan year ($17,563,787)
- total contributions ($4,726,331)
- cash contributions from participants ($2,793,169)
- total income ($2,155,139)
- cash contributions from employers ($1,275,222)
- asset transfers to the plan ($1,154,623)
- net income ($1,110,381)
- total expenses ($1,044,758)
- participant loans ($212,355)
- asset transfers from the plan ($197,606)
- total administrative expenses ($150,364)
- receivables - participant contributions ($144,057)
- contract administrator fees ($129,589)
- receivables - employer contributions ($65,447)
- corrective distributions ($38,670)
- investment advisory and management fees ($20,775)
- average account balance ($11,407)
- other receivables (not employer nor participant contributions) ($3,676)
- average employer+participant cash contribution per active participant ($2,931)
- average participant cash contribution per active participant ($2,012)
- average employer cash contribution per active participant ($918.70)
- net income per total participant ($645.20)
- total administrative expense per participant ($87.37)
- total noninterest-bearing cash ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- professional fees ($0)
- other administrative expenses ($0)
- earnings on investments (-$2,571,192)
- net earnings on investments (-$2,591,967)
- percentage of active participants (80.7%)
- growth in total assets during the plan year (11.8%)
- diversity of asset types (4.0%)
- participant loans as a percentage of plan assets (1.08%)
- total administrative expense ratio (0.770%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (1,388)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (1,721)
- other retired or separated participants entitled to future benefits (333)
- retired or separated participants receiving benefits (0)
- total participants (1,721)