2023 Form 5500 filing — Kinetic Systems, Inc. Retirement 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 20250224100826NAL0009009217001) for Kinetic Systems, Inc. Retirement Savings Plan, reported by Kinetic Systems, Inc. under EIN 94-2229569 and plan number 001. It reports 533 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$29.8MReported net assets$29,762,622

Participants533

Provider compensation$80K3 Schedule C row(s)$80,008

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20250224100826NAL0009009217001
Plan sponsor: Kinetic Systems, Inc.
EIN: 94-2229569
Plan number: 001
Location: Pleasanton, CA
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$29.8M total assets

Net assets$29.8MLiabilities$0

Money in vs. money out

Total income / additions$8M

Total expenses$3.7M

Benefits paid / distributions$3.7M

Contributions

Employer$725.6K

Participant$2.1M

Full reported line items

Total assets (EOY): $29,762,622
Total liabilities (EOY): $0
Net assets (EOY): $29,762,622
Employer contributions: $725,591
Participant contributions: $2,130,863
Total income / additions: $7,971,745
Benefits paid: $3,655,747
Administrative expenses: $81,113
Total expenses: $3,736,860
Net increase / (decrease): $4,234,885

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Global Retirement Partners LLC$36K
ADVISOR · Direct $36K
2
Fidelity Investments Institutional$34K
RECORDKEEPER · Direct $34K · Indirect $0
3
Frank, Rimmerman + Co. Llp$10K
ACCOUNTANT/AUDITOR · Direct $10K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20250224100826NAL0009009217001 cover?: It is the 2023 Form 5500 filing for Kinetic Systems, Inc. Retirement Savings Plan, reported by Kinetic Systems, Inc. (EIN 94-2229569).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).