Kessler Foundation 401(K) Savings Plan — Form 5500 plan (Kessler Foundation)
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, Kessler Foundation 401(K) Savings Plan is a benefit plan reported by Kessler Foundation under EIN 31-1562134 and plan number 001. The latest loaded filing year is 2023. The filing reports 247 participants and $30,728,766 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kessler Foundation
- EIN
- 31-1562134
- Plan number
- 001
- Plan type
- 2
- Location
- East Hanover, NJ
- Latest filing year
- 2023
- Participants
- 247
- End-of-year plan assets
- $30,728,766
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 247 | H, C | 20240924095431NAL0012611601001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $30,728,766
- Net assets (EOY)
- $30,728,766
- Net assets (BOY)
- $25,438,187
Income & contributions
- Employer contributions
- $1,040,663
- Participant contributions
- $1,222,776
- Total contributions
- $2,374,905
- Total income / additions
- $6,334,216
Expenses & distributions
- Benefits paid
- $997,619
- Administrative expenses
- $46,018
- Total expenses
- $1,043,637
- Net increase / (decrease)
- $5,290,579
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $46,018 | $0 | 2023 |
| Intac Actuarial Services Inc | OTHER SERVICES | $0 | $11,117 | 2023 |