2023 Form 5500 filing — Koam Engineering Systems, Inc. Employee Stock Ownership 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 20250415143246NAL0005754288001) for Koam Engineering Systems, Inc. Employee Stock Ownership Plan, reported by Koam Engineering Systems, Inc. under EIN 33-0771394 and plan number 004. It reports 307 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$3.6MReported net assets$3,556,052
Participants307
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20250415143246NAL0005754288001
Plan sponsor
Koam Engineering Systems, Inc.
EIN
33-0771394
Plan number
004
Location
San Diego, CA
Received date
not reported in the loaded dataset
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)$3.6M total assets
Net assets$3.6MLiabilities$0
Money in vs. money out
Total income / additions$453.4K
Total expenses$318K
Benefits paid / distributions$313.3K
Contributions
Employer$150K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$3,556,052
Total liabilities (EOY)
$0
Net assets (EOY)
$3,556,052
Employer contributions
$150,000
Total income / additions
$453,430
Benefits paid
$313,330
Administrative expenses
$4,638
Total expenses
$317,968
Net increase / (decrease)
$135,462

Related Form 5500 pages