2023 Form 5500 filing — Kyanite Mining Corporation Employees' 401(K) Savings And Profit Sharing 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 20250113093828NAL0037089666001) for Kyanite Mining Corporation Employees' 401(K) Savings And Profit Sharing Plan, reported by Kyanite Mining Corporation under EIN 20-2599676 and plan number 001. It reports 173 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250113093828NAL0037089666001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kyanite Mining Corporation
- EIN
- 20-2599676
- Plan number
- 001
- Location
- Dillwyn, VA
- Participants
- 173
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,429,709
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,429,709
- Employer contributions
- $699,687
- Participant contributions
- $401,702
- Total income / additions
- $4,625,098
- Benefits paid
- $2,995,187
- Administrative expenses
- $66,123
- Total expenses
- $3,061,310
- Net increase / (decrease)
- $1,563,788
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ascensus LLC | NONE | $37,483 | $0 |
| Global Retirement Partners | NONE | $26,578 | not reported in the loaded dataset |
| Franklin Templeton Investments | NONE | $2,062 | not reported in the loaded dataset |