The Kamson Corporation 401(K) Profit Sharing Plan & Trust — Form 5500 plan (The Kamson 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, The Kamson Corporation 401(K) Profit Sharing Plan & Trust is a benefit plan reported by The Kamson Corporation under EIN 22-2176176 and plan number 003. The latest loaded filing year is 2023. The filing reports 504 participants and $13,764,873 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.8MPlan net assets, end of year$13,764,873
Participants504Covered participants reported
Assets / participant$27.3KComputed: assets ÷ participants$27,311 (computed)
Provider compensation$53K3 Schedule C provider row(s)$52,955
Plan sponsor
The Kamson Corporation
EIN
22-2176176
Plan number
003
Plan type
2
Location
Englewood Cliffs, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023504H, C20241015222934NAL0049984384001
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)$13.8M total assets
Net assets$13.8MLiabilities$0
Money in vs. money out
Total income / additions$3.3M
Total expenses$1.5M
Benefits paid / distributions$1.5M
Contributions
Employer$239.6K
Participant$1.2M
Full reported line items

Net assets

Total assets (EOY)
$13,764,873
Total liabilities (EOY)
$0
Net assets (EOY)
$13,764,873
Net assets (BOY)
$11,988,403

Income & contributions

Employer contributions
$239,627
Participant contributions
$1,225,519
Total contributions
$1,497,717
Total income / additions
$3,276,901

Expenses & distributions

Benefits paid
$1,459,213
Administrative expenses
$5,566
Total expenses
$1,500,431
Net increase / (decrease)
$1,776,470
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 16%Participant 84%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income45%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch Pierce Fenner & SmithINVESTMENT ADVISOR$0$47,3902023
Adp, Inc.RECORD KEEPER$5,565$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages