Kyanite Mining Corporation Employees' 401(K) Savings And Profit Sharing Plan — Form 5500 plan (Kyanite Mining 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, Kyanite Mining Corporation Employees' 401(K) Savings And Profit Sharing Plan is a benefit plan reported by Kyanite Mining Corporation under EIN 20-2599676 and plan number 001. The latest loaded filing year is 2023. The filing reports 173 participants and $26,429,709 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kyanite Mining Corporation
- EIN
- 20-2599676
- Plan number
- 001
- Plan type
- 2
- Location
- Dillwyn, VA
- Latest filing year
- 2023
- Participants
- 173
- End-of-year plan assets
- $26,429,709
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 173 | H, C | 20250113093828NAL0037089666001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,429,709
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,429,709
- Net assets (BOY)
- $24,865,921
Income & contributions
- Employer contributions
- $699,687
- Participant contributions
- $401,702
- Total contributions
- $1,101,389
- Total income / additions
- $4,625,098
Expenses & distributions
- Benefits paid
- $2,995,187
- Administrative expenses
- $66,123
- Total expenses
- $3,061,310
- Net increase / (decrease)
- $1,563,788
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ascensus LLC | NONE | $37,483 | $0 | 2023 |
| Global Retirement Partners | NONE | $26,578 | not reported in the loaded dataset | 2023 |
| Franklin Templeton Investments | NONE | $2,062 | not reported in the loaded dataset | 2023 |