2023 Form 5500 filing — Kay Management Company, Inc. 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 20241008143553NAL0008466915001) for Kay Management Company, Inc. Profit Sharing Plan, reported by Kay Management Company, Inc. under EIN 52-0912952 and plan number 333. It reports 707 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)$34.9MReported net assets$34,907,669
Participants707
Provider compensation$100.5K3 Schedule C row(s)$100,457
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241008143553NAL0008466915001
Plan sponsor
Kay Management Company, Inc.
EIN
52-0912952
Plan number
333
Location
Silver Springs, MD
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)$34.9M total assets
Net assets$34.9MLiabilities$9.7K
Money in vs. money out
Total income / additions$6.8M
Total expenses$3.6M
Benefits paid / distributions$3.5M
Contributions
Employer$1.9M
Participant$1M
Full reported line items
Total assets (EOY)
$34,917,415
Total liabilities (EOY)
$9,746
Net assets (EOY)
$34,907,669
Employer contributions
$1,882,393
Participant contributions
$1,042,929
Total income / additions
$6,769,056
Benefits paid
$3,455,291
Administrative expenses
$91,047
Total expenses
$3,570,253
Net increase / (decrease)
$3,198,803

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Annuity Insurance CompanyRECORDKEEPER$43,964$0
Merrill Lynch Pierce Fenner & .00 SINVESTMENT ADVISOR$31,722not reported in the loaded dataset
The Mandmarblestone GroupCONTRACT ADMIN$24,771not reported in the loaded dataset

Related Form 5500 pages