2023 Form 5500 filing — Kent Companies, Inc. Profit Sharing And 401(K) 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 20241206132308NAL0007022833001) for Kent Companies, Inc. Profit Sharing And 401(K) Savings Plan, reported by Kent Companies, Inc. under EIN 38-1913848 and plan number 002. It reports 1,450 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241206132308NAL0007022833001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kent Companies, Inc.
- EIN
- 38-1913848
- Plan number
- 002
- Location
- Grand Rapids, MI
- Participants
- 1,450
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $33,382,277
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,382,277
- Employer contributions
- $6,127
- Participant contributions
- $2,507,743
- Total income / additions
- $7,654,857
- Benefits paid
- $3,671,682
- Administrative expenses
- $83,232
- Total expenses
- $3,812,477
- Net increase / (decrease)
- $3,842,380
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Macatawa Bank | TRUSTEE/ADVISOR/RK | $83,232 | not reported in the loaded dataset |