2023 Form 5500 filing — Kia America 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 20241014172719NAL0045489664001) for Kia America 401(K) Plan, reported by Kia America, Inc. under EIN 33-0539850 and plan number 003. It reports 767 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014172719NAL0045489664001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kia America, Inc.
- EIN
- 33-0539850
- Plan number
- 003
- Location
- Irvine, CA
- Participants
- 767
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $126,478,919
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $126,478,919
- Employer contributions
- $4,099,150
- Participant contributions
- $7,077,114
- Total income / additions
- $27,919,662
- Benefits paid
- $9,852,332
- Administrative expenses
- $291,479
- Total expenses
- $10,143,811
- Net increase / (decrease)
- $17,775,851
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mercer (Us) Inc Mercer Investments | OTHER | $228,769 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $51,422 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $11,288 | not reported in the loaded dataset |