Kern Regional Center Defined Contribution Retirement Plan — Form 5500 plan (Kern Regional Center)
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, Kern Regional Center Defined Contribution Retirement Plan is a benefit plan reported by Kern Regional Center under EIN 23-7115846 and plan number 001. The latest loaded filing year is 2023. The filing reports 393 participants and $9,064,502 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kern Regional Center
- EIN
- 23-7115846
- Plan number
- 001
- Plan type
- 2
- Location
- Bakersfield, CA
- Latest filing year
- 2023
- Participants
- 393
- End-of-year plan assets
- $9,064,502
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 393 | H, C | 20250404114000NAL0023597026001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,064,502
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,064,502
- Net assets (BOY)
- $6,379,411
Income & contributions
- Employer contributions
- $1,202,367
- Participant contributions
- $1,202,367
- Total contributions
- $2,404,734
- Total income / additions
- $3,437,413
Expenses & distributions
- Benefits paid
- $719,563
- Administrative expenses
- $32,759
- Total expenses
- $752,322
- Net increase / (decrease)
- $2,685,091
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Advisory Group, LLC | INVESTMENT MGMT | $15,289 | not reported in the loaded dataset | 2023 |
| Empower Annuity Ins. Co. Of America | RECORDKEEPER | $11,570 | $0 | 2023 |
| Pensionmark Financial Group, LLC | INVESTMENT ADVISOR | $7,303 | not reported in the loaded dataset | 2023 |
| Truog-Ryding Company, Inc. | CONTRACT ADMIN | $3,450 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Kern Regional Center
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Bakersfield, CA
- Empower Advisory Group, LLC — Schedule C compensation
- Empower Annuity Ins. Co. Of America — Schedule C compensation
- Pensionmark Financial Group, LLC — Schedule C compensation
- Truog-Ryding Company, Inc. — Schedule C compensation