Krone Na Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Krone Na 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, Krone Na Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Krone Na Inc under EIN 22-2019484 and plan number 001. The latest loaded filing year is 2023. The filing reports 170 participants and $13,606,887 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$13.6MPlan net assets, end of year$13,606,887
Participants170Covered participants reported
Assets / participant$80KComputed: assets ÷ participants$80,041 (computed)
Provider compensation$24.6K3 Schedule C provider row(s)$24,636
- Plan sponsor
- Krone Na Inc
- EIN
- 22-2019484
- Plan number
- 001
- Plan type
- 2
- Location
- Olive Branch, MS
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 170 | H, C | 20241008054442NAL0017188065001 |
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)$13.6M total assets
Net assets$13.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $13,606,887
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,606,887
- Net assets (BOY)
- $11,124,134
Income & contributions
- Employer contributions
- $393,564
- Participant contributions
- $806,251
- Total contributions
- $1,199,815
- Total income / additions
- $3,664,700
Expenses & distributions
- Benefits paid
- $1,157,311
- Administrative expenses
- $24,636
- Total expenses
- $1,181,947
- Net increase / (decrease)
- $2,482,753
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Barnes Pettey Financial Advisors, L | INVESTMENT/FINANCIAL ADVI | $23,371 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $1,265 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |