Kraft Power Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Kraft Power Corporation)
Plain-English plan 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, Kraft Power Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Kraft Power Corporation under EIN 04-2381327 and plan number 001. The latest loaded filing year is 2023. The filing reports 218 participants and $24,058,000 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kraft Power Corporation
- EIN
- 04-2381327
- Plan number
- 001
- Plan type
- 2
- Location
- Woburn, MA
- Latest filing year
- 2023
- Participants
- 218
- End-of-year plan assets
- $24,058,000
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 218 | H, C | 20241010113921NAL0011424755001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,058,000
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,058,000
- Net assets (BOY)
- $20,491,207
Income & contributions
- Employer contributions
- $233,558
- Participant contributions
- $1,042,216
- Total contributions
- $1,377,969
- Total income / additions
- $4,711,490
Expenses & distributions
- Benefits paid
- $1,091,519
- Administrative expenses
- $34,488
- Total expenses
- $1,144,697
- Net increase / (decrease)
- $3,566,793
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Boston Private Bank & Trust Company | INVESTMENT ADVISOR | $20,000 | not reported in the loaded dataset | 2023 |
| Boston Private Wealth LLC | INVESTMENT ADVISOR | $10,000 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $4,488 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Kraft Power Corporation
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Woburn, MA
- Boston Private Bank & Trust Company — Schedule C compensation
- Boston Private Wealth LLC — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation