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NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameNODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN
Plan identification number 004

NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NODAK INSURANCE COMPANY has sponsored the creation of one or more 401k plans.

Company Name:NODAK INSURANCE COMPANY
Employer identification number (EIN):450216631
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042023-01-01
0042022-01-01
0042021-01-01
0042020-01-01
0042019-01-01
0042019-01-01
0042018-01-01
0042017-01-01DAVID KLATT
0042016-01-01DAVID KLATT
0042015-01-01DAVID KLATT
0042014-01-012015-08-17
0042014-01-012015-08-17
0042014-01-012015-08-17
0042014-01-01DAVID KLATT
0042014-01-012015-08-17
0042013-01-01DAVID KLATT
0042012-01-01BRIAN DOOM
0042011-01-01DAVID KLATT
0042010-01-01DAVID KLATT
0042009-01-01 DAVID KLATT2010-09-17
0042009-01-01DAVID KLATT DAVID KLATT2010-09-30

Plan Statistics for NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN

Measure Date Value
2023: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01271
Total number of active participants reported on line 7a of the Form 55002023-01-01219
Number of retired or separated participants receiving benefits2023-01-011
Number of other retired or separated participants entitled to future benefits2023-01-0149
Total of all active and inactive participants2023-01-01269
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-011
Total participants2023-01-01270
Number of participants with account balances2023-01-01257
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-016
2022: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01224
Total number of active participants reported on line 7a of the Form 55002022-01-01208
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-0144
Total of all active and inactive participants2022-01-01253
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01253
Number of participants with account balances2022-01-01241
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0119
2021: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01223
Total number of active participants reported on line 7a of the Form 55002021-01-01185
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-0135
Total of all active and inactive participants2021-01-01221
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01221
Number of participants with account balances2021-01-01214
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-015
2020: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01218
Total number of active participants reported on line 7a of the Form 55002020-01-01188
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0138
Total of all active and inactive participants2020-01-01226
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01226
Number of participants with account balances2020-01-01215
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-018
2019: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01163
Total number of active participants reported on line 7a of the Form 55002019-01-01184
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0130
Total of all active and inactive participants2019-01-01214
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01214
Number of participants with account balances2019-01-01208
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01160
Total number of active participants reported on line 7a of the Form 55002018-01-01136
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0126
Total of all active and inactive participants2018-01-01162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01162
Number of participants with account balances2018-01-01156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-012
2017: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01160
Total number of active participants reported on line 7a of the Form 55002017-01-01137
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0123
Total of all active and inactive participants2017-01-01160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01160
Number of participants with account balances2017-01-01153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01138
Total number of active participants reported on line 7a of the Form 55002016-01-01137
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0122
Total of all active and inactive participants2016-01-01159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01159
Number of participants with account balances2016-01-01150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012
2015: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01141
Total number of active participants reported on line 7a of the Form 55002015-01-01116
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0122
Total of all active and inactive participants2015-01-01138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01138
Number of participants with account balances2015-01-01137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-012
2014: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01138
Total number of active participants reported on line 7a of the Form 55002014-01-01125
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0114
Total of all active and inactive participants2014-01-01139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01139
Number of participants with account balances2014-01-01137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-014
2013: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01146
Total number of active participants reported on line 7a of the Form 55002013-01-01125
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0113
Total of all active and inactive participants2013-01-01138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01138
Number of participants with account balances2013-01-01137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01127
Total number of active participants reported on line 7a of the Form 55002012-01-01129
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0117
Total of all active and inactive participants2012-01-01146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01146
Number of participants with account balances2012-01-01140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01116
Total number of active participants reported on line 7a of the Form 55002011-01-01106
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0121
Total of all active and inactive participants2011-01-01127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01127
Number of participants with account balances2011-01-01125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-016
2010: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01115
Total number of active participants reported on line 7a of the Form 55002010-01-01100
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0116
Total of all active and inactive participants2010-01-01116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01116
Number of participants with account balances2010-01-01114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-013
2009: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01116
Total number of active participants reported on line 7a of the Form 55002009-01-0199
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0114
Total of all active and inactive participants2009-01-01113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01113
Number of participants with account balances2009-01-01110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN

Measure Date Value
2023 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2023-12-31$1,390
Total unrealized appreciation/depreciation of assets2023-12-31$1,390
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$3,783
Total income from all sources (including contributions)2023-12-31$11,273,409
Total loss/gain on sale of assets2023-12-31$2,320,960
Total of all expenses incurred2023-12-31$3,300,535
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$3,157,822
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$2,910,567
Value of total assets at end of year2023-12-31$51,536,118
Value of total assets at beginning of year2023-12-31$43,567,027
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$142,713
Total interest from all sources2023-12-31$20,125
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$168,227
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$120,857
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$5,000,000
If this is an individual account plan, was there a blackout period2023-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$1,322,019
Participant contributions at end of year2023-12-31$3,019
Participant contributions at beginning of year2023-12-31$3,762
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$140,589
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-12-31$1,663
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2023-12-31$3,783
Other income not declared elsewhere2023-12-31$16,815
Administrative expenses (other) incurred2023-12-31$50,834
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$7,972,874
Value of net assets at end of year (total assets less liabilities)2023-12-31$51,536,118
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$43,563,244
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$6,458,436
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$18,183,424
Value of interest in pooled separate accounts at end of year2023-12-31$7,028,368
Value of interest in pooled separate accounts at beginning of year2023-12-31$3,081,267
Interest on participant loans2023-12-31$187
Value of interest in common/collective trusts at end of year2023-12-31$38,046,295
Value of interest in common/collective trusts at beginning of year2023-12-31$13,917,329
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$252,388
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$252,388
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-12-31$19,938
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$2,149,381
Net investment gain/loss from pooled separate accounts2023-12-31$616,973
Net investment gain or loss from common/collective trusts2023-12-31$3,068,971
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$1,447,959
Income. Dividends from common stock2023-12-31$47,370
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$3,157,822
Contract administrator fees2023-12-31$66,763
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32023-12-31Yes
Assets. Corporate common stocks other than exployer securities at beginning of year2023-12-31$8,127,194
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Aggregate proceeds on sale of assets2023-12-31$21,228,231
Aggregate carrying amount (costs) on sale of assets2023-12-31$18,907,271
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31FORVIS MAZARS, LLP
Accountancy firm EIN2023-12-31440160260
2022 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-2,193,359
Total unrealized appreciation/depreciation of assets2022-12-31$-2,193,359
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$3,783
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$12,901
Total income from all sources (including contributions)2022-12-31$-6,848,956
Total loss/gain on sale of assets2022-12-31$-508,066
Total of all expenses incurred2022-12-31$2,807,638
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$2,601,957
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,493,365
Value of total assets at end of year2022-12-31$43,567,027
Value of total assets at beginning of year2022-12-31$53,232,739
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$205,681
Total interest from all sources2022-12-31$4,645
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$401,390
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$291,325
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$2,000,000
If this is an individual account plan, was there a blackout period2022-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,139,066
Participant contributions at end of year2022-12-31$3,762
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$81,725
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$1,663
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$3,783
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$12,901
Other income not declared elsewhere2022-12-31$17,468
Administrative expenses (other) incurred2022-12-31$115,583
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-9,656,594
Value of net assets at end of year (total assets less liabilities)2022-12-31$43,563,244
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$53,219,838
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$18,183,424
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$20,334,923
Value of interest in pooled separate accounts at end of year2022-12-31$3,081,267
Value of interest in pooled separate accounts at beginning of year2022-12-31$2,896,147
Interest on participant loans2022-12-31$71
Value of interest in common/collective trusts at end of year2022-12-31$13,917,329
Value of interest in common/collective trusts at beginning of year2022-12-31$17,202,710
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$252,388
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$1,112,338
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$1,112,338
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$4,574
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-4,033,503
Net investment gain/loss from pooled separate accounts2022-12-31$-510,384
Net investment gain or loss from common/collective trusts2022-12-31$-2,520,512
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$1,272,574
Income. Dividends from common stock2022-12-31$110,065
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,601,957
Contract administrator fees2022-12-31$90,098
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2022-12-31$8,127,194
Assets. Corporate common stocks other than exployer securities at beginning of year2022-12-31$11,686,621
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$5,241,190
Aggregate carrying amount (costs) on sale of assets2022-12-31$5,749,256
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MERIWETHER, WILSON & COMPANY, PLLC
Accountancy firm EIN2022-12-31420731256
2021 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$1,146,710
Total unrealized appreciation/depreciation of assets2021-12-31$1,146,710
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$12,901
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$8,494,522
Total loss/gain on sale of assets2021-12-31$535,968
Total of all expenses incurred2021-12-31$3,280,080
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$3,005,032
Value of total corrective distributions2021-12-31$649
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,482,076
Value of total assets at end of year2021-12-31$53,232,739
Value of total assets at beginning of year2021-12-31$48,005,396
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$274,399
Total interest from all sources2021-12-31$348
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$301,034
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$220,921
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$2,000,000
If this is an individual account plan, was there a blackout period2021-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,127,224
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$19,567
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$41
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$12,901
Other income not declared elsewhere2021-12-31$9,359
Administrative expenses (other) incurred2021-12-31$121,883
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$5,214,442
Value of net assets at end of year (total assets less liabilities)2021-12-31$53,219,838
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$48,005,396
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$61,636
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$20,334,923
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$13,711,267
Value of interest in pooled separate accounts at end of year2021-12-31$2,896,147
Value of interest in common/collective trusts at end of year2021-12-31$17,202,710
Value of interest in common/collective trusts at beginning of year2021-12-31$21,982,828
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$1,112,338
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$1,768,502
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$1,768,502
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$348
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,640,342
Net investment gain/loss from pooled separate accounts2021-12-31$143,579
Net investment gain or loss from common/collective trusts2021-12-31$2,235,106
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$1,335,285
Income. Dividends from common stock2021-12-31$80,113
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$3,005,032
Contract administrator fees2021-12-31$90,880
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2021-12-31$11,686,621
Assets. Corporate common stocks other than exployer securities at beginning of year2021-12-31$10,542,758
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$3,687,615
Aggregate carrying amount (costs) on sale of assets2021-12-31$3,151,647
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31MERIWETHER, WILSON & COMPANY, PLLC
Accountancy firm EIN2021-12-31420731256
2020 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$3,217,483
Total unrealized appreciation/depreciation of assets2020-12-31$3,217,483
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$9,448,095
Total loss/gain on sale of assets2020-12-31$12,576
Total of all expenses incurred2020-12-31$2,151,644
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$2,068,506
Value of total corrective distributions2020-12-31$280
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$2,251,359
Value of total assets at end of year2020-12-31$48,005,396
Value of total assets at beginning of year2020-12-31$40,708,945
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$82,858
Total interest from all sources2020-12-31$1,801
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$154,027
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$154,027
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$994,808
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$16,864
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$41
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$2,217
Other income not declared elsewhere2020-12-31$10,412
Administrative expenses (other) incurred2020-12-31$82,858
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$7,296,451
Value of net assets at end of year (total assets less liabilities)2020-12-31$48,005,396
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$40,708,945
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$13,711,267
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$12,559,377
Value of interest in common/collective trusts at end of year2020-12-31$21,982,828
Value of interest in common/collective trusts at beginning of year2020-12-31$18,252,146
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$1,768,502
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$1,340,397
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$1,340,397
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$1,801
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,272,976
Net investment gain or loss from common/collective trusts2020-12-31$1,527,461
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$1,239,687
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$2,068,506
Assets. Corporate common stocks other than exployer securities at end of year2020-12-31$10,542,758
Assets. Corporate common stocks other than exployer securities at beginning of year2020-12-31$8,554,808
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$617,180
Aggregate carrying amount (costs) on sale of assets2020-12-31$604,604
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31MERIWETHER, WILSON & COMPANY
Accountancy firm EIN2020-12-31420731256
2019 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$2,804,564
Total unrealized appreciation/depreciation of assets2019-12-31$2,804,564
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$9,171,461
Total loss/gain on sale of assets2019-12-31$80,605
Total of all expenses incurred2019-12-31$1,349,815
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,267,417
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,032,822
Value of total assets at end of year2019-12-31$40,708,945
Value of total assets at beginning of year2019-12-31$32,887,299
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$82,398
Total interest from all sources2019-12-31$6,464
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$202,151
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$202,151
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$5,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$846,004
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$52,735
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$2,217
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$3,214
Other income not declared elsewhere2019-12-31$11,024
Administrative expenses (other) incurred2019-12-31$82,398
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$7,821,646
Value of net assets at end of year (total assets less liabilities)2019-12-31$40,708,945
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$32,887,299
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$12,559,377
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$10,118,624
Value of interest in common/collective trusts at end of year2019-12-31$18,252,146
Value of interest in common/collective trusts at beginning of year2019-12-31$14,823,830
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$1,340,397
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$1,361,960
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$1,361,960
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$6,464
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,973,048
Net investment gain or loss from common/collective trusts2019-12-31$2,060,783
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$1,134,083
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,267,417
Assets. Corporate common stocks other than exployer securities at end of year2019-12-31$8,554,808
Assets. Corporate common stocks other than exployer securities at beginning of year2019-12-31$6,579,671
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$815,737
Aggregate carrying amount (costs) on sale of assets2019-12-31$735,132
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31MERIWETHER, WILSON & COMPANY
Accountancy firm EIN2019-12-31420731256
2018 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-394,303
Total unrealized appreciation/depreciation of assets2018-12-31$-394,303
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$25,060
Total income from all sources (including contributions)2018-12-31$308,633
Total loss/gain on sale of assets2018-12-31$22,952
Total of all expenses incurred2018-12-31$1,059,780
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$923,803
Value of total corrective distributions2018-12-31$18,783
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,813,719
Value of total assets at end of year2018-12-31$32,887,299
Value of total assets at beginning of year2018-12-31$33,663,506
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$117,194
Total interest from all sources2018-12-31$7,018
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$188,957
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$188,957
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$5,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$689,724
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$51,032
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$3,214
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$4,960
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$25,060
Other income not declared elsewhere2018-12-31$9,833
Administrative expenses (other) incurred2018-12-31$117,194
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-751,147
Value of net assets at end of year (total assets less liabilities)2018-12-31$32,887,299
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$33,638,446
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$10,118,624
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$10,631,567
Value of interest in common/collective trusts at end of year2018-12-31$14,823,830
Value of interest in common/collective trusts at beginning of year2018-12-31$13,893,981
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$1,361,960
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$944,798
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$944,798
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$7,018
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,000,173
Net investment gain or loss from common/collective trusts2018-12-31$-339,370
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$1,072,963
Employer contributions (assets) at beginning of year2018-12-31$221,903
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$923,803
Assets. Corporate common stocks other than exployer securities at end of year2018-12-31$6,579,671
Assets. Corporate common stocks other than exployer securities at beginning of year2018-12-31$7,966,297
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$451,067
Aggregate carrying amount (costs) on sale of assets2018-12-31$428,115
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31MERIWETHER,WILSON & COMPANY
Accountancy firm EIN2018-12-31420731256
2017 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$1,906,141
Total unrealized appreciation/depreciation of assets2017-12-31$1,906,141
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$25,060
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$1,208,503
Total income from all sources (including contributions)2017-12-31$6,771,080
Total loss/gain on sale of assets2017-12-31$17,887
Total of all expenses incurred2017-12-31$2,256,272
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$2,152,014
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,879,813
Value of total assets at end of year2017-12-31$33,663,506
Value of total assets at beginning of year2017-12-31$30,332,141
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$104,258
Total interest from all sources2017-12-31$2,554
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$148,304
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$148,304
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$667,200
Assets. Other investments not covered elsewhere at end of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$62,030
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$4,960
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$4,462
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$25,060
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$1,208,503
Other income not declared elsewhere2017-12-31$29,552
Administrative expenses (other) incurred2017-12-31$104,258
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$4,514,808
Value of net assets at end of year (total assets less liabilities)2017-12-31$33,638,446
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$29,123,638
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$10,631,567
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$21,074,732
Value of interest in common/collective trusts at end of year2017-12-31$13,893,981
Value of interest in common/collective trusts at beginning of year2017-12-31$1,018,038
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$944,798
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$1,431,209
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$1,431,209
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$2,554
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,913,596
Net investment gain or loss from common/collective trusts2017-12-31$873,233
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$1,150,583
Employer contributions (assets) at end of year2017-12-31$221,903
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$2,152,014
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$7,966,297
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$6,803,700
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$1,006,159
Aggregate carrying amount (costs) on sale of assets2017-12-31$988,272
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31MERIWETHER,WILSON & COMPANY
Accountancy firm EIN2017-12-31420731256
2016 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$1,462,094
Total unrealized appreciation/depreciation of assets2016-12-31$1,462,094
Total transfer of assets to this plan2016-12-31$638,830
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$1,208,503
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$4,520,713
Total loss/gain on sale of assets2016-12-31$9,814
Total of all expenses incurred2016-12-31$981,302
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$888,935
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,870,477
Value of total assets at end of year2016-12-31$30,332,141
Value of total assets at beginning of year2016-12-31$24,945,397
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$92,367
Total interest from all sources2016-12-31$877
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$252,400
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$252,400
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$641,470
Participant contributions at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$45,011
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$4,462
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$1,186
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$1,208,503
Other income not declared elsewhere2016-12-31$44,467
Administrative expenses (other) incurred2016-12-31$92,367
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$3,539,411
Value of net assets at end of year (total assets less liabilities)2016-12-31$29,123,638
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$24,945,397
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$21,074,732
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$17,403,853
Value of interest in common/collective trusts at end of year2016-12-31$1,018,038
Value of interest in common/collective trusts at beginning of year2016-12-31$477,720
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$1,431,209
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$858,363
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$858,363
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$877
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$868,231
Net investment gain or loss from common/collective trusts2016-12-31$12,353
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$1,183,996
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$888,935
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$6,803,700
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$6,204,275
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$546,894
Aggregate carrying amount (costs) on sale of assets2016-12-31$537,080
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31MERIWTHER, WILSON & COMPANY
Accountancy firm EIN2016-12-31420731256
2015 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-363,532
Total unrealized appreciation/depreciation of assets2015-12-31$-363,532
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$1,160,648
Total loss/gain on sale of assets2015-12-31$112
Total of all expenses incurred2015-12-31$1,839,590
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$1,740,778
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,766,011
Value of total assets at end of year2015-12-31$24,945,397
Value of total assets at beginning of year2015-12-31$25,624,339
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$98,812
Total interest from all sources2015-12-31$423
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$225,911
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$225,911
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$5,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$571,955
Participant contributions at end of year2015-12-31$0
Participant contributions at beginning of year2015-12-31$166
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$103,158
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$1,186
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$1,037
Other income not declared elsewhere2015-12-31$40,986
Administrative expenses (other) incurred2015-12-31$98,812
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-678,942
Value of net assets at end of year (total assets less liabilities)2015-12-31$24,945,397
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$25,624,339
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$17,403,853
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$17,226,637
Interest on participant loans2015-12-31$1
Value of interest in common/collective trusts at end of year2015-12-31$477,720
Value of interest in common/collective trusts at beginning of year2015-12-31$460,017
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$858,363
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$1,402,971
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$1,402,971
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$422
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-516,554
Net investment gain or loss from common/collective trusts2015-12-31$7,291
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$1,090,898
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$1,740,778
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$6,204,275
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$6,533,511
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$1,058,285
Aggregate carrying amount (costs) on sale of assets2015-12-31$1,058,173
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31MERIWETHER, WILSON & COMPANY
Accountancy firm EIN2015-12-31420731256
2014 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$1,479,475
Total unrealized appreciation/depreciation of assets2014-12-31$1,479,475
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$3,637,804
Total loss/gain on sale of assets2014-12-31$8,907
Total of all expenses incurred2014-12-31$576,092
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$488,215
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,762,166
Value of total assets at end of year2014-12-31$25,624,339
Value of total assets at beginning of year2014-12-31$22,562,627
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$87,877
Total interest from all sources2014-12-31$242
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$249,284
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$249,284
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$552,114
Participant contributions at end of year2014-12-31$166
Participant contributions at beginning of year2014-12-31$721
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$1,037
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$1,545
Other income not declared elsewhere2014-12-31$35,124
Administrative expenses (other) incurred2014-12-31$87,877
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$3,061,712
Value of net assets at end of year (total assets less liabilities)2014-12-31$25,624,339
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$22,562,627
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$17,226,637
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$15,694,689
Interest on participant loans2014-12-31$19
Value of interest in common/collective trusts at end of year2014-12-31$460,017
Value of interest in common/collective trusts at beginning of year2014-12-31$442,562
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$1,402,971
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$784,839
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$784,839
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$223
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$99,044
Net investment gain or loss from common/collective trusts2014-12-31$3,562
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$1,210,052
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$488,215
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$6,533,511
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$5,638,271
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$334,318
Aggregate carrying amount (costs) on sale of assets2014-12-31$325,411
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31MERIWETHER, WILSON & CO.
Accountancy firm EIN2014-12-31420731256
2013 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$1,846,911
Total unrealized appreciation/depreciation of assets2013-12-31$1,846,911
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$5,534,107
Total loss/gain on sale of assets2013-12-31$22,912
Total of all expenses incurred2013-12-31$532,431
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$458,694
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,658,993
Value of total assets at end of year2013-12-31$22,562,627
Value of total assets at beginning of year2013-12-31$17,560,951
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$73,737
Total interest from all sources2013-12-31$311
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$203,856
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$203,856
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$495,438
Participant contributions at end of year2013-12-31$721
Participant contributions at beginning of year2013-12-31$773
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$59,152
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$1,545
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$1,424
Other income not declared elsewhere2013-12-31$31,433
Administrative expenses (other) incurred2013-12-31$73,737
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$5,001,676
Value of net assets at end of year (total assets less liabilities)2013-12-31$22,562,627
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$17,560,951
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$15,694,689
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$12,023,541
Interest on participant loans2013-12-31$40
Value of interest in common/collective trusts at end of year2013-12-31$442,562
Value of interest in common/collective trusts at beginning of year2013-12-31$340,218
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$784,839
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$203,245
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$203,245
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$271
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$1,765,532
Net investment gain or loss from common/collective trusts2013-12-31$4,159
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$1,104,403
Employer contributions (assets) at beginning of year2013-12-31$855,462
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$458,694
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$5,638,271
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$4,136,288
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$263,571
Aggregate carrying amount (costs) on sale of assets2013-12-31$240,659
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31MERIWETHER, WILSON & CO.
Accountancy firm EIN2013-12-31420731256
2012 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$3,470,309
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$1,829,531
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$1,766,783
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,298,567
Value of total assets at end of year2012-12-31$17,560,951
Value of total assets at beginning of year2012-12-31$15,920,173
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$62,748
Total interest from all sources2012-12-31$15
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$111,202
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$111,202
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$439,526
Participant contributions at end of year2012-12-31$773
Participant contributions at beginning of year2012-12-31$47
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$3,579
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$1,424
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$1,819
Other income not declared elsewhere2012-12-31$21,032
Administrative expenses (other) incurred2012-12-31$62,748
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$1,640,778
Value of net assets at end of year (total assets less liabilities)2012-12-31$17,560,951
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$15,920,173
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$12,023,541
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$10,203,242
Interest on participant loans2012-12-31$15
Value of interest in common/collective trusts at end of year2012-12-31$340,218
Value of interest in common/collective trusts at beginning of year2012-12-31$645,749
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$203,245
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$792,257
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$792,257
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$2,034,049
Net investment gain or loss from common/collective trusts2012-12-31$5,444
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$855,462
Employer contributions (assets) at end of year2012-12-31$855,462
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$1,766,783
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$4,136,288
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$4,277,059
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31MERIWETHER, WILSON & CO.
Accountancy firm EIN2012-12-31420731256
2011 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$1,390,173
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$323,237
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$264,555
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,366,047
Value of total assets at end of year2011-12-31$15,920,173
Value of total assets at beginning of year2011-12-31$14,853,237
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$58,682
Total interest from all sources2011-12-31$27
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$90,664
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$90,664
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$437,458
Participant contributions at end of year2011-12-31$47
Participant contributions at beginning of year2011-12-31$1,158
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$1,819
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$2,243
Other income not declared elsewhere2011-12-31$16,892
Administrative expenses (other) incurred2011-12-31$58,682
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$1,066,936
Value of net assets at end of year (total assets less liabilities)2011-12-31$15,920,173
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$14,853,237
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$10,203,242
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$9,660,291
Interest on participant loans2011-12-31$27
Value of interest in common/collective trusts at end of year2011-12-31$645,749
Value of interest in common/collective trusts at beginning of year2011-12-31$335,453
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$792,257
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$807,185
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$807,185
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-91,393
Net investment gain or loss from common/collective trusts2011-12-31$7,936
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$928,589
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$264,555
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$4,277,059
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$4,046,907
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31MERIWETHER, WILSON & CO.
Accountancy firm EIN2011-12-31420731256
2010 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$3,549,924
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$192,998
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$157,777
Value of total corrective distributions2010-12-31$466
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,294,993
Value of total assets at end of year2010-12-31$14,853,237
Value of total assets at beginning of year2010-12-31$11,496,311
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$34,755
Total interest from all sources2010-12-31$73
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$96,946
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$96,946
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$407,033
Participant contributions at end of year2010-12-31$1,158
Participant contributions at beginning of year2010-12-31$2,223
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$500,284
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$14,730
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$2,243
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$2,382
Administrative expenses (other) incurred2010-12-31$34,755
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$3,356,926
Value of net assets at end of year (total assets less liabilities)2010-12-31$14,853,237
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$11,496,311
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$9,660,291
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$7,481,589
Interest on participant loans2010-12-31$73
Value of interest in common/collective trusts at end of year2010-12-31$335,453
Value of interest in common/collective trusts at beginning of year2010-12-31$282,177
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$807,185
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$111,081
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$111,081
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$864,849
Net investment gain or loss from common/collective trusts2010-12-31$1,293,063
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$873,230
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$157,777
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$4,046,907
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$3,116,575
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31MERIWETHER, WILSON & CO.
Accountancy firm EIN2010-12-31420731256
2009 : NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN

2023: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes
2022: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedYes
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedYes
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedYes
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: NODAK MUTUAL INSURANCE 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number325875
Policy instance 1
Insurance contract or identification number325875
Number of Individuals Covered270
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number325875
Policy instance 1
Insurance contract or identification number325875
Number of Individuals Covered253
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number325875
Policy instance 1
Insurance contract or identification number325875
Number of Individuals Covered221
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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