Kennedy Mechanical Plumbing & Heating, Inc.401(K) Savings Plan — Form 5500 plan (Kennedy Mechanical Plumbing & Heating, 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, Kennedy Mechanical Plumbing & Heating, Inc.401(K) Savings Plan is a benefit plan reported by Kennedy Mechanical Plumbing & Heating, Inc. under EIN 16-1385946 and plan number 001. The latest loaded filing year is 2023. The filing reports 394 participants and $12,781,558 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.8MPlan net assets, end of year$12,781,558
Participants394Covered participants reported
Assets / participant$32.4KComputed: assets ÷ participants$32,441 (computed)
Provider compensation$101.2K2 Schedule C provider row(s)$101,206
Plan sponsor
Kennedy Mechanical Plumbing & Heating, Inc.
EIN
16-1385946
Plan number
001
Plan type
2
Location
Rochester, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023394H, C20241014105728NAL0025985057001
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)$12.8M total assets
Net assets$12.8MLiabilities$0
Money in vs. money out
Total income / additions$2.9M
Total expenses$638.1K
Benefits paid / distributions$536.4K
Contributions
Employer$375.2K
Participant$763.4K
Full reported line items

Net assets

Total assets (EOY)
$12,781,558
Total liabilities (EOY)
$0
Net assets (EOY)
$12,781,558
Net assets (BOY)
$10,533,988

Income & contributions

Employer contributions
$375,225
Participant contributions
$763,443
Total contributions
$1,311,848
Total income / additions
$2,885,622

Expenses & distributions

Benefits paid
$536,446
Administrative expenses
$101,606
Total expenses
$638,052
Net increase / (decrease)
$2,247,570
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 33%Participant 67%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income19%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Karpus Investment ManagementINVESTMENT ADVISOR$85,563not reported in the loaded dataset2023
Benefits Management, Inc.THIRD PARTY ADMINISTRATO$15,643not reported in the loaded dataset2023

Related Form 5500 pages