2023 Form 5500 filing — Kason Industries, 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 20241008153241NAL0029101824001) for Kason Industries, Inc. 401(K) Retirement Savings Plan, reported by Kason Industries, Inc. under EIN 11-0940170 and plan number 002. It reports 325 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008153241NAL0029101824001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kason Industries, Inc.
- EIN
- 11-0940170
- Plan number
- 002
- Location
- Newnan, GA
- Participants
- 325
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,012,532
- Net assets (EOY)
- $23,012,532
- Employer contributions
- $660,656
- Participant contributions
- $1,064,865
- Total income / additions
- $4,460,876
- Benefits paid
- $2,220,804
- Administrative expenses
- $86,601
- Total expenses
- $2,307,405
- Net increase / (decrease)
- $2,153,471
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins Co. Of America | RECORDKEEPER | $44,074 | not reported in the loaded dataset |
| Morgan Stanley | INVESTMENT ADVISOR | $40,862 | not reported in the loaded dataset |
| Pension Financial Services Inc. | CONTRACT ADMIN | not reported in the loaded dataset | $10,000 |