K & B Machine Works, LLC 401(K) Profit Sharing Plan — Form 5500 plan (K & B Machine Works, LLC)
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, K & B Machine Works, LLC 401(K) Profit Sharing Plan is a benefit plan reported by K & B Machine Works, LLC under EIN 26-2531023 and plan number 001. The latest loaded filing year is 2023. The filing reports 442 participants and $15,601,701 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$15.6MPlan net assets, end of year$15,601,701
Participants442Covered participants reported
Assets / participant$35.3KComputed: assets ÷ participants$35,298 (computed)
Provider compensation$61.9K3 Schedule C provider row(s)$61,866
- Plan sponsor
- K & B Machine Works, LLC
- EIN
- 26-2531023
- Plan number
- 001
- Plan type
- 2
- Location
- Schriever, LA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 442 | H, C | 20241010092029NAL0009847539001 |
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)$15.6M total assets
Net assets$15.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $15,601,701
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,601,701
- Net assets (BOY)
- $11,484,825
Income & contributions
- Employer contributions
- $921,280
- Participant contributions
- $1,485,589
- Total contributions
- $2,706,580
- Total income / additions
- $4,612,546
Expenses & distributions
- Benefits paid
- $449,685
- Administrative expenses
- $38,195
- Total expenses
- $495,670
- Net increase / (decrease)
- $4,116,876
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.
38%62%
Employer 38%Participant 62%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income10%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Martin And Pellegrin, Cpas | ACCOUNTANT/AUDITOR | $26,000 | not reported in the loaded dataset | 2023 |
| Lpl Financial LLC | ADVISOR | $0 | $23,671 | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $12,195 | $0 | 2023 |