2023 Form 5500 filing — Kinetic Advantage 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 20241015090451NAL0029085073001) for Kinetic Advantage 401(K) Plan, reported by Kinetic Advantage, LLC under EIN 85-1409684 and plan number 001. It reports 271 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015090451NAL0029085073001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kinetic Advantage, LLC
- EIN
- 85-1409684
- Plan number
- 001
- Location
- Indianapolis, IN
- Participants
- 271
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,467,919
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,467,919
- Employer contributions
- $573,747
- Participant contributions
- $1,132,226
- Total income / additions
- $2,617,771
- Benefits paid
- $545,893
- Administrative expenses
- $27,886
- Total expenses
- $573,779
- Net increase / (decrease)
- $2,043,992
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Invst | NONE | $20,851 | not reported in the loaded dataset |
| Ameritas Life Insurance Corp | NONE | $6,047 | not reported in the loaded dataset |
| Charles Schwab Bank | NONE | $988 | $0 |