Korrus Inc 401(K) Plan & Trust — Form 5500 plan (Korrus 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, Korrus Inc 401(K) Plan & Trust is a benefit plan reported by Korrus Inc under EIN 26-3319070 and plan number 001. The latest loaded filing year is 2023. The filing reports 231 participants and $6,655,525 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Korrus Inc
- EIN
- 26-3319070
- Plan number
- 001
- Plan type
- 2
- Location
- Los Angeles, CA
- Latest filing year
- 2023
- Participants
- 231
- End-of-year plan assets
- $6,655,525
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 231 | H, C | 20241004191217NAL0021171456001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,655,525
- Total liabilities (EOY)
- $44,492
- Net assets (EOY)
- $6,611,033
- Net assets (BOY)
- $5,490,899
Income & contributions
- Employer contributions
- $336
- Participant contributions
- $960,625
- Total contributions
- $1,269,205
- Total income / additions
- $2,322,539
Expenses & distributions
- Benefits paid
- $1,129,837
- Administrative expenses
- $13,258
- Total expenses
- $1,202,405
- Net increase / (decrease)
- $1,120,134
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Vanguard Group, Inc. | INVESTMENT ADVISOR | $10,000 | not reported in the loaded dataset | 2023 |
| Nicholas Pension Consultants | CUSTODIAN, RECORDKEEPER | $4,602 | $0 | 2023 |
| Global Retirement Partners | THIRD PARTY ADMINISTRATO | $3,450 | not reported in the loaded dataset | 2023 |