Kmg Prestige Incorporated Retirement 401(K) Plan — Form 5500 plan (Kmg Prestige Incorporated)
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, Kmg Prestige Incorporated Retirement 401(K) Plan is a benefit plan reported by Kmg Prestige Incorporated under EIN 20-4416074 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,089 participants and $16,046,438 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$16MPlan net assets, end of year$16,046,438
Participants1.1KCovered participants reported1,089
Assets / participant$14.7KComputed: assets ÷ participants$14,735 (computed)
Provider compensation$94.9K1 Schedule C provider row(s)$94,927
- Plan sponsor
- Kmg Prestige Incorporated
- EIN
- 20-4416074
- Plan number
- 001
- Plan type
- 3
- Location
- Mt Pleasant, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,089 | H, C | 20240801195743NAL0023407569001 |
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)$16M total assets
Net assets$16MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $16,046,438
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,046,438
- Net assets (BOY)
- $13,663,459
Income & contributions
- Employer contributions
- $388,507
- Participant contributions
- $1,512,269
- Total contributions
- $1,930,532
- Total income / additions
- $4,165,281
Expenses & distributions
- Benefits paid
- $1,763,603
- Administrative expenses
- $16,952
- Total expenses
- $1,782,302
- Net increase / (decrease)
- $2,382,979
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.
20%80%
Employer 20%Participant 80%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income42%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Stancorp Financial Group | NONE | $94,927 | not reported in the loaded dataset | 2023 |