2023 Form 5500 filing — Karsun Solutions, LLC 401(K) 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 20241011103846NAL0010826867001) for Karsun Solutions, LLC 401(K) Plan, reported by Karsun Solutions, LLC under EIN 27-1026440 and plan number 001. It reports 559 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)$36.9MReported net assets$36,878,132
Participants559
Provider compensation$22.2K3 Schedule C row(s)$22,185
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011103846NAL0010826867001
Plan sponsor
Karsun Solutions, LLC
EIN
27-1026440
Plan number
001
Location
Herndon, VA
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)$36.9M total assets
Net assets$36.9MLiabilities$0
Money in vs. money out
Total income / additions$11.8M
Total expenses$2.4M
Benefits paid / distributions$2.4M
Contributions
Employer$1.7M
Participant$4.4M
Full reported line items
Total assets (EOY)
$36,878,132
Total liabilities (EOY)
$0
Net assets (EOY)
$36,878,132
Employer contributions
$1,678,328
Participant contributions
$4,431,249
Total income / additions
$11,816,149
Benefits paid
$2,383,389
Administrative expenses
$19,497
Total expenses
$2,405,075
Net increase / (decrease)
$9,411,074

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Uniglobal Pension Planning, Inc.TPA$0$15,144
Morningstar Investment ManagementSERVICE PROVIDER$7,041not reported in the loaded dataset
Voya Retirement Insurance And AnnuiSERVICE PROVIDER$0$0

Related Form 5500 pages