Kahn, Litwin, Renza & Co., Ltd. 401(K) Retirement Plan — Form 5500 plan (Kahn, Litwin, Renza & Co., Ltd.)

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, Kahn, Litwin, Renza & Co., Ltd. 401(K) Retirement Plan is a benefit plan reported by Kahn, Litwin, Renza & Co., Ltd. under EIN 05-0409384 and plan number 002. The latest loaded filing year is 2023. The filing reports 356 participants and $41,869,194 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$41.9MPlan net assets, end of year$41,869,194
Participants356Covered participants reported
Assets / participant$117.6KComputed: assets ÷ participants$117,610 (computed)
Provider compensation$72.2K3 Schedule C provider row(s)$72,242
Plan sponsor
Kahn, Litwin, Renza & Co., Ltd.
EIN
05-0409384
Plan number
002
Plan type
2
Location
Providence, RI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023356H, C20240910114858NAL0006814545001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$41.9M total assets
Net assets$41.9MLiabilities$0
Money in vs. money out
Total income / additions$10.7M
Total expenses$3.3M
Benefits paid / distributions$3.2M
Contributions
Employer$713.6K
Participant$3.4M
Full reported line items

Net assets

Total assets (EOY)
$41,869,194
Total liabilities (EOY)
$0
Net assets (EOY)
$41,869,194
Net assets (BOY)
$34,518,861

Income & contributions

Employer contributions
$713,562
Participant contributions
$3,409,069
Total contributions
$4,217,803
Total income / additions
$10,666,716

Expenses & distributions

Benefits paid
$3,244,141
Administrative expenses
$72,242
Total expenses
$3,316,383
Net increase / (decrease)
$7,350,333
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 17%Participant 83%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Invest Inst Oper Co IncRECORDKEEPER$54,251$02023
Global Retirement Partners LLCPLAN ADMINISTRATOR$11,250not reported in the loaded dataset2023
The Angell Pension Group, Inc.PLAN ADMINISTRATOR$6,741not reported in the loaded dataset2023

Related Form 5500 pages