2023 Form 5500 filing — Kayem Foods Employees 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 20250814085550NAL0009744785001) for Kayem Foods Employees 401(K) Plan, reported by Kayem Foods, Inc. under EIN 04-2050089 and plan number 001. It reports 451 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250814085550NAL0009744785001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kayem Foods, Inc.
- EIN
- 04-2050089
- Plan number
- 001
- Location
- Chelsea, MA
- Participants
- 451
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $37,922,522
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,922,522
- Employer contributions
- $956,432
- Participant contributions
- $2,056,704
- Total income / additions
- $11,267,381
- Benefits paid
- $5,440,434
- Administrative expenses
- $156,691
- Total expenses
- $5,597,125
- Net increase / (decrease)
- $5,670,256
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Icapital, LLC | ADVISOR\INVESTMENT ADV | $81,307 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $13,595 | $0 |