Karsun Solutions, LLC 401(K) Plan — Form 5500 plan (Karsun Solutions, 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, Karsun Solutions, LLC 401(K) Plan is a benefit plan reported by Karsun Solutions, LLC under EIN 27-1026440 and plan number 001. The latest loaded filing year is 2023. The filing reports 559 participants and $36,878,132 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$36.9MPlan net assets, end of year$36,878,132
Participants559Covered participants reported
Assets / participant$66KComputed: assets ÷ participants$65,972 (computed)
Provider compensation$22.2K3 Schedule C provider row(s)$22,185
- Plan sponsor
- Karsun Solutions, LLC
- EIN
- 27-1026440
- Plan number
- 001
- Plan type
- 2
- Location
- Herndon, VA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 559 | H, C | 20241011103846NAL0010826867001 |
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)$36.9M total assets
Net assets$36.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $36,878,132
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $36,878,132
- Net assets (BOY)
- $27,467,058
Income & contributions
- Employer contributions
- $1,678,328
- Participant contributions
- $4,431,249
- Total contributions
- $6,422,824
- Total income / additions
- $11,816,149
Expenses & distributions
- Benefits paid
- $2,383,389
- Administrative expenses
- $19,497
- Total expenses
- $2,405,075
- Net increase / (decrease)
- $9,411,074
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Uniglobal Pension Planning, Inc. | TPA | $0 | $15,144 | 2023 |
| Morningstar Investment Management | SERVICE PROVIDER | $7,041 | not reported in the loaded dataset | 2023 |
| Voya Retirement Insurance And Annui | SERVICE PROVIDER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Karsun Solutions, LLC
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Herndon, VA
- Uniglobal Pension Planning, Inc. — Schedule C compensation
- Morningstar Investment Management — Schedule C compensation
- Voya Retirement Insurance And Annui — Schedule C compensation