2023 Form 5500 filing — Korg Usa Inc. 401(K) Retirement 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 20250109130949NAL0020501264001) for Korg Usa Inc. 401(K) Retirement Plan, reported by Korg Usa Inc. under EIN 11-2774209 and plan number 003. It reports 135 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250109130949NAL0020501264001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Korg Usa Inc.
- EIN
- 11-2774209
- Plan number
- 003
- Location
- Melville, NY
- Participants
- 135
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,328,761
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,328,761
- Employer contributions
- $454,688
- Participant contributions
- $534,721
- Total income / additions
- $5,144,359
- Benefits paid
- $3,575,370
- Administrative expenses
- $55,140
- Total expenses
- $3,649,096
- Net increase / (decrease)
- $1,495,263
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Raymond James | INVESTMENT/FI NANCIAL ADV | $53,256 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $1,885 | not reported in the loaded dataset |