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MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameMDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN
Plan identification number 004

MDU RESOURCES GROUP, INC. 401(K) RETIREMENT 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.
  • 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.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MDU RESOURCES GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:MDU RESOURCES GROUP, INC.
Employer identification number (EIN):301133956
NAIC Classification:221100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042022-01-01
0042021-01-01
0042020-01-01
0042019-01-01

Plan Statistics for MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN

401k plan membership statisitcs for MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN

Measure Date Value
2022: MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0111,175
Total number of active participants reported on line 7a of the Form 55002022-01-018,551
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-012,703
Total of all active and inactive participants2022-01-0111,255
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-0126
Total participants2022-01-0111,281
Number of participants with account balances2022-01-0111,064
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-01326
2021: MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0110,950
Total number of active participants reported on line 7a of the Form 55002021-01-018,525
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-012,630
Total of all active and inactive participants2021-01-0111,156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0119
Total participants2021-01-0111,175
Number of participants with account balances2021-01-0110,819
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-01415
2020: MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0114,018
Total number of active participants reported on line 7a of the Form 55002020-01-018,495
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-012,380
Total of all active and inactive participants2020-01-0110,876
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-0174
Total participants2020-01-0110,950
Number of participants with account balances2020-01-0110,708
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-01304
2019: MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0113,164
Total number of active participants reported on line 7a of the Form 55002019-01-018,370
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-015,549
Total of all active and inactive participants2019-01-0113,919
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-0199
Total participants2019-01-0114,018
Number of participants with account balances2019-01-0113,828
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010

Financial Data on MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN

Measure Date Value
2022 : MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-12,264,163
Total unrealized appreciation/depreciation of assets2022-12-31$-12,264,163
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$1,020
Total income from all sources (including contributions)2022-12-31$-111,237,804
Total loss/gain on sale of assets2022-12-31$8,600,131
Total of all expenses incurred2022-12-31$115,925,506
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$115,443,324
Expenses. Certain deemed distributions of participant loans2022-12-31$32,688
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$119,798,299
Value of total assets at end of year2022-12-31$1,321,268,405
Value of total assets at beginning of year2022-12-31$1,548,432,735
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$449,494
Total interest from all sources2022-12-31$1,263,635
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$22,202,170
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$16,749,491
Administrative expenses professional fees incurred2022-12-31$27,852
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$10,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$64,574,223
Participant contributions at end of year2022-12-31$28,473,686
Participant contributions at beginning of year2022-12-31$26,128,176
Participant contributions at end of year2022-12-31$1,222,469
Participant contributions at beginning of year2022-12-31$1,196,722
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$5,128,920
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$1,612,804
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$1,358,849
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$1,020
Total non interest bearing cash at end of year2022-12-31$2
Total non interest bearing cash at beginning of year2022-12-31$34
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-227,163,310
Value of net assets at end of year (total assets less liabilities)2022-12-31$1,321,268,405
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$1,548,431,715
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$909,502,378
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$1,137,571,435
Value of interest in pooled separate accounts at end of year2022-12-31$132,393,927
Value of interest in pooled separate accounts at beginning of year2022-12-31$120,849,532
Interest on participant loans2022-12-31$1,259,235
Interest earned on other investments2022-12-31$4,400
Value of interest in common/collective trusts at end of year2022-12-31$36,077,224
Value of interest in common/collective trusts at beginning of year2022-12-31$45,597,750
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-245,139,887
Net investment gain or loss from common/collective trusts2022-12-31$-5,697,989
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 contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$186,889,222
Assets. Invements in employer securities at beginning of year2022-12-31$191,546,430
Contributions received in cash from employer2022-12-31$50,095,156
Employer contributions (assets) at end of year2022-12-31$25,096,693
Employer contributions (assets) at beginning of year2022-12-31$24,183,807
Income. Dividends from common stock2022-12-31$5,452,679
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$115,443,324
Contract administrator fees2022-12-31$421,642
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$35,862,599
Aggregate carrying amount (costs) on sale of assets2022-12-31$27,262,468
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31BAKER TILLY US, LLP
Accountancy firm EIN2022-12-31390859910
2021 : MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$13,992,558
Total unrealized appreciation/depreciation of assets2021-12-31$13,992,558
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$1,020
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$150
Total income from all sources (including contributions)2021-12-31$324,306,433
Total loss/gain on sale of assets2021-12-31$15,932,626
Total of all expenses incurred2021-12-31$122,085,559
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$121,555,308
Expenses. Certain deemed distributions of participant loans2021-12-31$31,461
Value of total corrective distributions2021-12-31$-1,020
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$116,315,815
Value of total assets at end of year2021-12-31$1,548,432,735
Value of total assets at beginning of year2021-12-31$1,346,210,991
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$499,810
Total interest from all sources2021-12-31$1,211,424
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$18,601,570
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$13,139,607
Administrative expenses professional fees incurred2021-12-31$42,435
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$10,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
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$60,239,959
Participant contributions at end of year2021-12-31$26,128,176
Participant contributions at beginning of year2021-12-31$25,364,655
Participant contributions at end of year2021-12-31$1,196,722
Participant contributions at beginning of year2021-12-31$1,062,477
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$7,467,044
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$1,358,849
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$1,464,527
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$1,020
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$150
Total non interest bearing cash at end of year2021-12-31$34
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$202,220,874
Value of net assets at end of year (total assets less liabilities)2021-12-31$1,548,431,715
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$1,346,210,841
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$63,068
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$1,137,571,435
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$952,499,941
Value of interest in pooled separate accounts at end of year2021-12-31$120,849,532
Value of interest in pooled separate accounts at beginning of year2021-12-31$109,009,605
Interest on participant loans2021-12-31$1,210,829
Interest earned on other investments2021-12-31$595
Value of interest in common/collective trusts at end of year2021-12-31$45,597,750
Value of interest in common/collective trusts at beginning of year2021-12-31$48,982,944
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$156,838,597
Net investment gain or loss from common/collective trusts2021-12-31$1,413,843
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 contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$191,546,430
Assets. Invements in employer securities at beginning of year2021-12-31$181,138,901
Contributions received in cash from employer2021-12-31$48,608,812
Employer contributions (assets) at end of year2021-12-31$24,183,807
Employer contributions (assets) at beginning of year2021-12-31$26,687,941
Income. Dividends from common stock2021-12-31$5,461,963
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$121,555,308
Contract administrator fees2021-12-31$394,307
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$55,882,195
Aggregate carrying amount (costs) on sale of assets2021-12-31$39,949,569
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BAKER TILLY US, LLP
Accountancy firm EIN2021-12-31390859910
2020 : MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets2020-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$-21,577,806
Total unrealized appreciation/depreciation of assets2020-12-31$-21,577,806
Total transfer of assets to this plan2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$150
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$63,905
Expenses. Interest paid2020-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022020-12-31$0
Total income from all sources (including contributions)2020-12-31$280,451,925
Total loss/gain on sale of assets2020-12-31$1,842,109
Total of all expenses incurred2020-12-31$119,350,124
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$118,812,186
Expenses. Certain deemed distributions of participant loans2020-12-31$-7,064
Value of total corrective distributions2020-12-31$-150
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$119,774,880
Value of total assets at end of year2020-12-31$1,346,210,991
Value of total assets at beginning of year2020-12-31$1,185,172,945
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$545,152
Total income from rents2020-12-31$0
Total interest from all sources2020-12-31$1,352,515
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$16,120,194
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$10,871,470
Administrative expenses professional fees incurred2020-12-31$30,000
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$10,000,000
If this is an individual account plan, was there a blackout period2020-12-31Yes
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$54,988,929
Participant contributions at end of year2020-12-31$25,364,655
Participant contributions at beginning of year2020-12-31$26,001,927
Participant contributions at end of year2020-12-31$1,062,477
Participant contributions at beginning of year2020-12-31$435,894
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$13,660,633
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$1,464,527
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$1,468,848
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$150
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$2,111
Other income not declared elsewhere2020-12-31$0
Administrative expenses (other) incurred2020-12-31$0
Liabilities. Value of operating payables at beginning of year2020-12-31$61,794
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
Income. Non cash contributions2020-12-31$0
Value of net income/loss2020-12-31$161,101,801
Value of net assets at end of year (total assets less liabilities)2020-12-31$1,346,210,841
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$1,185,109,040
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
Investment advisory and management fees2020-12-31$95,136
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$952,499,941
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$792,461,430
Value of interest in pooled separate accounts at end of year2020-12-31$109,009,605
Value of interest in pooled separate accounts at beginning of year2020-12-31$92,508,328
Interest on participant loans2020-12-31$1,344,030
Income. Interest from loans (other than to participants)2020-12-31$0
Interest earned on other investments2020-12-31$963
Income. Interest from US Government securities2020-12-31$0
Income. Interest from corporate debt instruments2020-12-31$0
Value of interest in common/collective trusts at end of year2020-12-31$48,982,944
Value of interest in common/collective trusts at beginning of year2020-12-31$42,669,324
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$2,432,596
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$2,432,596
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$7,522
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$158,730,593
Net investment gain/loss from pooled separate accounts2020-12-31$539,274
Net investment gain or loss from common/collective trusts2020-12-31$3,670,166
Net gain/loss from 103.12 investment entities2020-12-31$0
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 contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$181,138,901
Assets. Invements in employer securities at beginning of year2020-12-31$200,040,342
Contributions received in cash from employer2020-12-31$51,125,318
Employer contributions (assets) at end of year2020-12-31$26,687,941
Employer contributions (assets) at beginning of year2020-12-31$27,154,256
Income. Dividends from preferred stock2020-12-31$0
Income. Dividends from common stock2020-12-31$5,248,724
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$118,812,186
Contract administrator fees2020-12-31$420,016
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31Yes
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$0
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$33,150,884
Aggregate carrying amount (costs) on sale of assets2020-12-31$31,308,775
Liabilities. Value of acquisition indebtedness at beginning of year2020-12-31$0
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31BAKER TILLY US, LLP
Accountancy firm EIN2020-12-31390859910
2019 : MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$38,445,077
Total unrealized appreciation/depreciation of assets2019-12-31$38,445,077
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$63,905
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$80,067
Total income from all sources (including contributions)2019-12-31$325,334,666
Total loss/gain on sale of assets2019-12-31$3,053,125
Total of all expenses incurred2019-12-31$110,262,568
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$109,520,529
Expenses. Certain deemed distributions of participant loans2019-12-31$395,278
Value of total corrective distributions2019-12-31$7,336
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$109,648,610
Value of total assets at end of year2019-12-31$1,185,172,945
Value of total assets at beginning of year2019-12-31$970,117,009
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$339,425
Total interest from all sources2019-12-31$1,427,419
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$17,917,235
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$12,158,608
Administrative expenses professional fees incurred2019-12-31$31,220
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$10,000,000
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$49,702,165
Participant contributions at end of year2019-12-31$26,001,927
Participant contributions at beginning of year2019-12-31$25,873,249
Participant contributions at end of year2019-12-31$435,894
Participant contributions at beginning of year2019-12-31$412,895
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$8,996,896
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$1,468,848
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$1,503,896
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$2,111
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$4,806
Liabilities. Value of operating payables at end of year2019-12-31$61,794
Liabilities. Value of operating payables at beginning of year2019-12-31$75,261
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$215,072,098
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,185,109,040
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$970,036,942
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
Investment advisory and management fees2019-12-31$147,540
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$792,461,430
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$619,247,977
Value of interest in pooled separate accounts at end of year2019-12-31$92,508,328
Value of interest in pooled separate accounts at beginning of year2019-12-31$90,717,946
Interest on participant loans2019-12-31$1,374,076
Value of interest in common/collective trusts at end of year2019-12-31$42,669,324
Value of interest in common/collective trusts at beginning of year2019-12-31$35,845,958
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$2,432,596
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$2,725,232
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$2,725,232
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$53,343
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$149,310,796
Net investment gain/loss from pooled separate accounts2019-12-31$2,230,522
Net investment gain or loss from common/collective trusts2019-12-31$3,301,882
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 contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$200,040,342
Assets. Invements in employer securities at beginning of year2019-12-31$173,390,990
Contributions received in cash from employer2019-12-31$50,949,549
Employer contributions (assets) at end of year2019-12-31$27,154,256
Employer contributions (assets) at beginning of year2019-12-31$20,398,866
Income. Dividends from common stock2019-12-31$5,758,627
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$109,520,529
Contract administrator fees2019-12-31$160,665
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$29,777,109
Aggregate carrying amount (costs) on sale of assets2019-12-31$26,723,984
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN2019-12-31390859910

Form 5500 Responses for MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN

2022: MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
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 planYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
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 planYes
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MDU RESOURCES GROUP, INC. 401(K) RETIREMENT 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 planYes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MDU RESOURCES GROUP, INC. 401(K) RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
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 planYes
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract number30500
Policy instance 1
Insurance contract or identification number30500
Number of Individuals Covered11064
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
NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract number30500
Policy instance 1
Insurance contract or identification number30500
Number of Individuals Covered10819
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
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract number30500
Policy instance 1
Insurance contract or identification number30500
Number of Individuals Covered10708
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract number30500
Policy instance 1
Insurance contract or identification number30500
Number of Individuals Covered13828
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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