2023 Form 5500 filing — Kpit Technologies 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 20241013100809NAL0012384099001) for Kpit Technologies Inc. 401(K) Retirement Savings Plan, reported by Kpit Technologies Inc. under EIN 83-0784802 and plan number 001. It reports 403 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)$9.8MReported net assets$9,770,052
Participants403
Provider compensation$78K3 Schedule C row(s)$77,985
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241013100809NAL0012384099001
- Plan sponsor
- Kpit Technologies Inc.
- EIN
- 83-0784802
- Plan number
- 001
- Location
- Novi, MI
- 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)$9.8M total assets
Net assets$9.8MLiabilities$0
Full reported line items
- Total assets (EOY)
- $9,770,052
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,770,052
- Employer contributions
- $956,177
- Participant contributions
- $2,053,444
- Total income / additions
- $4,331,084
- Benefits paid
- $946,122
- Administrative expenses
- $77,985
- Total expenses
- $1,024,107
- Net increase / (decrease)
- $3,306,977
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $46,082 | $0 |
| Lpl Financial Corporation Rpcp | INVESTMENT/FINANCIAL ADVI | $31,903 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |