Korg Usa Inc. 401(K) Retirement Plan — Form 5500 plan (Korg Usa 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, Korg Usa Inc. 401(K) Retirement Plan is a benefit plan reported by Korg Usa Inc. under EIN 11-2774209 and plan number 003. The latest loaded filing year is 2023. The filing reports 135 participants and $23,328,761 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Korg Usa Inc.
- EIN
- 11-2774209
- Plan number
- 003
- Plan type
- 2
- Location
- Melville, NY
- Latest filing year
- 2023
- Participants
- 135
- End-of-year plan assets
- $23,328,761
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 135 | H, C | 20250109130949NAL0020501264001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,328,761
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,328,761
- Net assets (BOY)
- $21,833,498
Income & contributions
- Employer contributions
- $454,688
- Participant contributions
- $534,721
- Total contributions
- $1,153,375
- Total income / additions
- $5,144,359
Expenses & distributions
- Benefits paid
- $3,575,370
- Administrative expenses
- $55,140
- Total expenses
- $3,649,096
- Net increase / (decrease)
- $1,495,263
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Raymond James | INVESTMENT/FI NANCIAL ADV | $53,256 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $1,885 | not reported in the loaded dataset | 2023 |