2023 Form 5500 filing — The Kadant Inc. 401(K) Retirement Savings 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 20241001170011NAL0007147137001) for The Kadant Inc. 401(K) Retirement Savings Plan, reported by Kadant Inc. under EIN 52-1762325 and plan number 001. It reports 1,355 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001170011NAL0007147137001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kadant Inc.
- EIN
- 52-1762325
- Plan number
- 001
- Location
- Westford, MA
- Participants
- 1,355
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $177,472,738
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $177,472,738
- Employer contributions
- $4,652,954
- Participant contributions
- $7,918,208
- Total income / additions
- $43,416,946
- Benefits paid
- $18,990,719
- Administrative expenses
- $122,524
- Total expenses
- $19,116,963
- Net increase / (decrease)
- $24,299,983
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $43,455 | not reported in the loaded dataset |
| Agilis Partners LLC | CONSULTANT | $35,000 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $27,999 | $0 |
| Cliftonlarsonallen Llp | ACCOUNTANT/AUDITOR | $16,070 | not reported in the loaded dataset |