401k Plan data: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN plan

FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	004

FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Stock bonus Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP. The employer maintaining this ESOP is an S Corporation Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

FARGO GLASS & PAINT COMPANY has sponsored the creation of one or more 401k plans.

Company Name: FARGO GLASS & PAINT COMPANY

Employer identification number (EIN): 450129600

NAIC Classification: 423300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
004 2024-01-01 WADE BAKKE
004 2023-01-01
004 2023-01-01 WADE BAKKE
004 2022-01-01
004 2022-01-01 WADE BAKKE
004 2021-01-01
004 2021-01-01 WADE BAKKE
004 2019-01-01
004 2019-01-01 WADE BAKKE
004 2018-01-01

Plan Statistics for FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 98
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 80
Number of retired or separated participants receiving benefits 2023-01-01 1
Number of other retired or separated participants entitled to future benefits 2023-01-01 18
Total of all active and inactive participants 2023-01-01 99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 99
Number of participants with account balances 2023-01-01 99
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 4
2022: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 83
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 63
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 14
Total of all active and inactive participants 2022-01-01 77
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 77
Number of participants with account balances 2022-01-01 77
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 3
2021: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 74
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 61
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 14
Total of all active and inactive participants 2021-01-01 75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 75
Number of participants with account balances 2021-01-01 74
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 5
2019: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 98
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 66
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 24
Total of all active and inactive participants 2019-01-01 90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 90
Number of participants with account balances 2019-01-01 88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 14
2018: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 115
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 96
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 96
Number of participants with account balances 2018-01-01 92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 37

Measure	Date	Value
2023: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	98
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	80
Number of retired or separated participants receiving benefits	2023-01-01	1
Number of other retired or separated participants entitled to future benefits	2023-01-01	18
Total of all active and inactive participants	2023-01-01	99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	99
Number of participants with account balances	2023-01-01	99
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	4
2022: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	83
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	63
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	14
Total of all active and inactive participants	2022-01-01	77
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	77
Number of participants with account balances	2022-01-01	77
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	3
2021: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	74
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	61
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	14
Total of all active and inactive participants	2021-01-01	75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	75
Number of participants with account balances	2021-01-01	74
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	5
2019: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	98
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	66
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	24
Total of all active and inactive participants	2019-01-01	90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	90
Number of participants with account balances	2019-01-01	88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	14
2018: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	115
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	96
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	96
Number of participants with account balances	2018-01-01	92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	37

Financial Data on FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2023 : FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data
Transfers to/from the plan	2023-12-31	$0
Total plan liabilities at end of year	2023-12-31	$8,325,400
Total plan liabilities at beginning of year	2023-12-31	$8,755,385
Total income from all sources	2023-12-31	$-323,969
Expenses. Total of all expenses incurred	2023-12-31	$252,790
Benefits paid (including direct rollovers)	2023-12-31	$37,632
Total plan assets at end of year	2023-12-31	$5,054,760
Total plan assets at beginning of year	2023-12-31	$6,061,504
Value of fidelity bond covering the plan	2023-12-31	$500,000
Total contributions received or receivable from participants	2023-12-31	$0
Expenses. Other expenses not covered elsewhere	2023-12-31	$215,158
Contributions received from other sources (not participants or employers)	2023-12-31	$0
Other income received	2023-12-31	$-1,007,131
Noncash contributions received	2023-12-31	$0
Net income (gross income less expenses)	2023-12-31	$-576,759
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$-3,270,640
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$-2,693,881
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2023-12-31	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2023-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2023-12-31	$0
Assets. Value of employer securities	2023-12-31	$5,025,901
Total contributions received or receivable from employer(s)	2023-12-31	$683,162
Value of certain deemed distributions of participant loans	2023-12-31	$0
Value of corrective distributions	2023-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$0
2022 : FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$8,755,385
Total plan liabilities at beginning of year	2022-12-31	$9,174,385
Total income from all sources	2022-12-31	$1,090,982
Expenses. Total of all expenses incurred	2022-12-31	$303,313
Benefits paid (including direct rollovers)	2022-12-31	$76,631
Total plan assets at end of year	2022-12-31	$6,061,504
Total plan assets at beginning of year	2022-12-31	$5,692,835
Value of fidelity bond covering the plan	2022-12-31	$500,000
Total contributions received or receivable from participants	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$226,682
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$358,043
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$787,669
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$-2,693,881
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$-3,481,550
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2022-12-31	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2022-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$6,034,334
Total contributions received or receivable from employer(s)	2022-12-31	$732,939
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$0
2021 : FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$9,174,385
Total plan liabilities at beginning of year	2021-12-31	$9,582,702
Total income from all sources	2021-12-31	$1,345,301
Expenses. Total of all expenses incurred	2021-12-31	$270,350
Benefits paid (including direct rollovers)	2021-12-31	$33,224
Total plan assets at end of year	2021-12-31	$5,692,835
Total plan assets at beginning of year	2021-12-31	$5,026,201
Value of fidelity bond covering the plan	2021-12-31	$500,000
Total contributions received or receivable from participants	2021-12-31	$0
Expenses. Other expenses not covered elsewhere	2021-12-31	$237,126
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$650,604
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$1,074,951
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$-3,481,550
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$-4,556,501
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2021-12-31	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2021-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2021-12-31	$0
Assets. Value of employer securities	2021-12-31	$5,676,503
Total contributions received or receivable from employer(s)	2021-12-31	$694,697
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2019 : FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$10,625,770
Total plan liabilities at beginning of year	2019-12-31	$11,842,477
Total income from all sources	2019-12-31	$-135,580
Expenses. Total of all expenses incurred	2019-12-31	$535,772
Benefits paid (including direct rollovers)	2019-12-31	$0
Total plan assets at end of year	2019-12-31	$2,987,310
Total plan assets at beginning of year	2019-12-31	$4,875,369
Value of fidelity bond covering the plan	2019-12-31	$500,000
Total contributions received or receivable from participants	2019-12-31	$0
Expenses. Other expenses not covered elsewhere	2019-12-31	$535,772
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$-780,723
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$-671,352
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$-7,638,460
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$-6,967,108
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2019-12-31	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2019-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2019-12-31	$0
Assets. Value of employer securities	2019-12-31	$2,342,167
Total contributions received or receivable from employer(s)	2019-12-31	$645,143
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$0
2018 : FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$11,842,477
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$-6,768,604
Expenses. Total of all expenses incurred	2018-12-31	$0
Benefits paid (including direct rollovers)	2018-12-31	$0
Total plan assets at end of year	2018-12-31	$5,073,873
Total plan assets at beginning of year	2018-12-31	$0
Value of fidelity bond covering the plan	2018-12-31	$500,000
Total contributions received or receivable from participants	2018-12-31	$0
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$-8,719,587
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$-6,768,604
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$-6,768,604
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$0
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2018-12-31	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2018-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2018-12-31	$0
Assets. Value of employer securities	2018-12-31	$3,122,890
Total contributions received or receivable from employer(s)	2018-12-31	$1,950,983
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0

Form 5500 Responses for FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN

2023: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	Yes
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	Yes
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2019: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	Yes
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: FARGO GLASS & PAINT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	First time form 5500 has been submitted	Yes
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FARGO GLASS & PAINT COMPANY
Employer identification number (EIN):	450129600
NAIC Classification:	423300

Plan id#	Filing Submission Date	Name of Administrator
004	2024-01-01	WADE BAKKE
004	2023-01-01
004	2023-01-01	WADE BAKKE
004	2022-01-01
004	2022-01-01	WADE BAKKE
004	2021-01-01
004	2021-01-01	WADE BAKKE
004	2019-01-01
004	2019-01-01	WADE BAKKE
004	2018-01-01