2023 Form 5500 filing — Korrus Inc 401(K) Plan & Trust
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 20241004191217NAL0021171456001) for Korrus Inc 401(K) Plan & Trust, reported by Korrus Inc under EIN 26-3319070 and plan number 001. It reports 231 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004191217NAL0021171456001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Korrus Inc
- EIN
- 26-3319070
- Plan number
- 001
- Location
- Los Angeles, CA
- Participants
- 231
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,655,525
- Total liabilities (EOY)
- $44,492
- Net assets (EOY)
- $6,611,033
- Employer contributions
- $336
- Participant contributions
- $960,625
- Total income / additions
- $2,322,539
- Benefits paid
- $1,129,837
- Administrative expenses
- $13,258
- Total expenses
- $1,202,405
- Net increase / (decrease)
- $1,120,134
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Vanguard Group, Inc. | INVESTMENT ADVISOR | $10,000 | not reported in the loaded dataset |
| Nicholas Pension Consultants | CUSTODIAN, RECORDKEEPER | $4,602 | $0 |
| Global Retirement Partners | THIRD PARTY ADMINISTRATO | $3,450 | not reported in the loaded dataset |