2023 Form 5500 filing — Kam Plastics Corp. Employee Stock Ownership 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 20241014120935NAL0013254835001) for Kam Plastics Corp. Employee Stock Ownership Plan, reported by Kam Plastics Corp under EIN 20-1251538 and plan number 002. It reports 148 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014120935NAL0013254835001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kam Plastics Corp
- EIN
- 20-1251538
- Plan number
- 002
- Location
- Holland, MI
- Participants
- 148
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,209,803
- Total liabilities (EOY)
- $749,923
- Net assets (EOY)
- $9,459,880
- Employer contributions
- $420,000
- Total income / additions
- $1,848,808
- Benefits paid
- $663,951
- Administrative expenses
- $49,029
- Total expenses
- $740,156
- Net increase / (decrease)
- $1,108,652
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Vision Esop Valuation | VALUATION SERVICES | $15,000 | not reported in the loaded dataset |
| Varnum Llp | LEGAL | $10,399 | not reported in the loaded dataset |
| Doeren Mayhew Grand Rapids, Pllc | ACCOUNTANT | $8,900 | not reported in the loaded dataset |
| Watkins Ross | PLAN ADMINISTRATOR | $8,731 | not reported in the loaded dataset |