2023 Form 5500 filing — Kongsberg 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 20241216142048NAL0001527825001) for Kongsberg 401(K) Plan, reported by Kongsberg Maritime, Inc. under EIN 91-1476574 and plan number 001. It reports 702 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241216142048NAL0001527825001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kongsberg Maritime, Inc.
- EIN
- 91-1476574
- Plan number
- 001
- Location
- Lynnwood, WA
- Participants
- 702
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $84,855,856
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $84,855,856
- Employer contributions
- $2,450,632
- Participant contributions
- $4,490,288
- Total income / additions
- $21,494,753
- Benefits paid
- $6,916,801
- Administrative expenses
- $141,533
- Total expenses
- $7,068,507
- Net increase / (decrease)
- $14,426,246
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $105,227 | $0 |
| Mercer Investment Manage | INVESTMENT ADVISORY | $36,319 | not reported in the loaded dataset |