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Original filing (PDF)20250707103911NAL0003131633001
APPLIED ENGINEERING, INC.
Form 5500
FILING_RECEIVED
APPLIED ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST
401(k) retirement plan
Signals · 2
40% in single holding40% employer stock
Active participants
83
Accounts w/ balance
249
Plan assets (EOY)
$18.8M
Net assets (EOY)
$18.7M
How this plan invests
This plan
1 pooled trust
Schedule D
28 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
55
Total plan cost
100
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "Investment in Applied Engineering, Inc. Common Stock 242,644 shares" is 40% of plan.
- 40% of plan in employer / sponsor stock.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for APPLIED ENGINEERING, INC..
Plan sponsor
Name
APPLIED ENGINEERING, INC.
EIN
45-0396816
Address
3300 FIECHTNER DRIVE SW · FARGO, ND · 58103
Phone
(701) 281-1884
Industry
Engineering Services· Professional & Technical Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-07
Pension benefit codes
2F · ERISA section 404(c)
2H · Partial participant-directed accounts
2I · Stock bonus
2J · 401(k) feature
2K · 401(m) arrangement
2O · ESOP (non-leveraged)
2E · Profit-sharing
2Q · S-corporation ESOP
3I · Requires investment in employer securities
Audit & trust (Schedule H)
Auditor
EIDE BAILLY
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $20K | — |
Advisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| VALMARK ADVISERS INC | — | AKRON, OH | INVESTMENT ADVISER | $29K | — |
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MANAGEMENT | $2K | — |
Investments
27 direct securities · 1 pooled fund· $18.4M(98% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$10.6M
26 holdings
Common Stocks
$7.3M
1 holding
Pooled Separate Account
$511K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Investment in Applied Engineering, Inc. Common Stock 242,644 shares | Common Stocks | — | $1.3M | $7.3M | 38.8% | |
| Vanguard Target Retirement 2040 Mutual Funds N/A | — | — | — | $1.9M | 10.0% | |
| Vanguard Target Retirement 2045 Mutual Funds N/A | — | — | — | $1.5M | 7.7% | |
| Vanguard Target Retirement 2030 Mutual Funds N/A | — | — | — | $1.1M | 5.9% | |
| Vanguard Target Retirement 2060 Mutual Funds N/A | — | — | — | $965K | 5.1% | |
| Vanguard Target Retirement 2050 Mutual Funds N/A | — | — | — | $854K | 4.5% | |
| Vanguard 500 Index Admiral Mutual Funds N/A | — | — | — | $684K | 3.6% | |
| LARGE CAP GROWTH I FUND (PUTMAN) EMPOWER ANNUITY INSURANCE COMPANY · EIN 06-1050034 / PN 274 | Pooled Separate Account | — | — | $511K | 2.7% | |
| Vanguard Target Retirement 2035 Mutual Funds N/A | — | — | — | $502K | 2.7% | |
| Vanguard Target Retirement 2055 Mutual Funds N/A | — | — | — | $428K | 2.3% | |
| Vanguard Target Retirement 2025 Mutual Funds N/A | — | — | — | $385K | 2.1% | |
| Vanguard Small Cap Index Mutual Funds N/A | — | — | — | $324K | 1.7% | |
| Vanguard Mid Cap Index Mutual Funds N/A | — | — | — | $237K | 1.3% | |
| American Funds Capital World Mutual Funds N/A | — | — | — | $212K | 1.1% | |
| American Funds New Perspective Mutual Funds N/A | — | — | — | $183K | 1.0% | |
| Vanguard Value Index ADM Mutual Funds N/A | — | — | — | $169K | 0.9% | |
| American Funds New World Mutual Funds N/A | — | — | — | $155K | 0.8% | |
| Neuberger Berman Strategic Income R6 Mutual Funds N/A | — | — | — | $154K | 0.8% | |
| Metropolitan West Total Return Bond I Mutual Funds N/A | — | — | — | $145K | 0.8% | |
| Key Guaranteed Portfolio Fund Guaranteed Investment Contract N/A | — | — | — | $139K | 0.7% | |
| Vanguard Target Retirement 2020 Mutual Funds N/A | — | — | — | $135K | 0.7% | |
| Empower Retirement Vanguard Target Retirement Income Mutual Funds N/A | — | — | — | $116K | 0.6% | |
| Notes receivable from participants Maturing 2026 - 2028 at interest rates of 5.25% - 10.50% - | — | — | — | $114K | 0.6% | |
| Vanguard Real Estated Index Admiral Mutual Funds N/A | — | — | — | $99K | 0.5% | |
| American Funds Europacific Mutual Funds N/A | — | — | — | $85K | 0.5% | |
| American Funds SmallCap World Mutual Funds N/A | — | — | — | $63K | 0.3% | |
| American Funds Income Fund of America R6 Mutual Funds N/A | — | — | — | $30K | 0.2% | |
| American Funds Investment Company of America Mutual Funds N/A | — | — | — | $6K | <0.1% |