2023 Form 5500 filing — Kelton Enterprises, LLC 401(K) Profit Sharing Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241001132036NAL0003293875001) for Kelton Enterprises, LLC 401(K) Profit Sharing Plan, reported by Kelton Enterprises, LLC under EIN 16-1573692 and plan number 001. It reports 320 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$5.3MReported net assets$5,287,542
Participants320
Provider compensation$43.2K3 Schedule C row(s)$43,202
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241001132036NAL0003293875001
Plan sponsor
Kelton Enterprises, LLC
EIN
16-1573692
Plan number
001
Location
Amherst, NY
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$5.3M total assets
Net assets$5.3MLiabilities$0
Money in vs. money out
Total income / additions$1.3M
Total expenses$188.4K
Benefits paid / distributions$171.8K
Contributions
Employer$141K
Participant$281.3K
Full reported line items
Total assets (EOY)
$5,287,542
Total liabilities (EOY)
$0
Net assets (EOY)
$5,287,542
Employer contributions
$141,014
Participant contributions
$281,309
Total income / additions
$1,259,090
Benefits paid
$171,781
Administrative expenses
$16,598
Total expenses
$188,379
Net increase / (decrease)
$1,070,711

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Waterford AdvisorsNONE$7,337$14,987
Valiant Retirement, IncTPA$0$16,195
P & A Retirement Plan Services, IncNONE$4,683not reported in the loaded dataset

Related Form 5500 pages