Kvh Industries, Inc. 401(K) Plan — Form 5500 plan (Kvh Industries, Inc.)

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, Kvh Industries, Inc. 401(K) Plan is a benefit plan reported by Kvh Industries, Inc. under EIN 05-0420589 and plan number 001. The latest loaded filing year is 2023. The filing reports 376 participants and $41,708,194 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Kvh Industries, Inc.
EIN
05-0420589
Plan number
001
Plan type
2
Location
Middletown, RI
Latest filing year
2023
Participants
376
End-of-year plan assets
$41,708,194

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023376H, C20241015062438NAL0046832560001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$41,708,194
Total liabilities (EOY)
$0
Net assets (EOY)
$41,708,194
Net assets (BOY)
$42,758,579

Income & contributions

Employer contributions
$415,856
Participant contributions
$1,546,298
Total contributions
$2,158,947
Total income / additions
$8,965,134

Expenses & distributions

Benefits paid
$9,879,561
Administrative expenses
$106,007
Total expenses
$10,015,519
Net increase / (decrease)
-$1,050,385

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$56,007$02023
First Republic Investment ManagemenINVESTMENT/FINANCIAL ADVI$50,000$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages