2023 Form 5500 filing — Kbm Office Equipment, Inc. 401(K) 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 20241011121250NAL0036873392001) for Kbm Office Equipment, Inc. 401(K) Profit Sharing Plan, reported by Kbm Office Equipment, Inc. under EIN 94-1442776 and plan number 001. It reports 141 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011121250NAL0036873392001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kbm Office Equipment, Inc.
- EIN
- 94-1442776
- Plan number
- 001
- Location
- San Jose, CA
- Participants
- 141
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,770,576
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,770,576
- Employer contributions
- $342,811
- Participant contributions
- $866,819
- Total income / additions
- $2,656,352
- Benefits paid
- $2,005,579
- Administrative expenses
- $36,622
- Total expenses
- $2,042,201
- Net increase / (decrease)
- $614,151
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $14,810 | $0 |
| Advanced Retirement Solutions | INVESTMENT ADVISOR | $14,153 | not reported in the loaded dataset |
| 401k Safe 3(16) | OTHER | $4,400 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,259 | not reported in the loaded dataset |