Koam Engineering Systems, Inc. Employee Stock Ownership Plan — Form 5500 plan (Koam Engineering Systems, 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, Koam Engineering Systems, Inc. Employee Stock Ownership Plan is a benefit plan reported by Koam Engineering Systems, Inc. under EIN 33-0771394 and plan number 004. The latest loaded filing year is 2023. The filing reports 307 participants and $3,556,052 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.6MPlan net assets, end of year$3,556,052
Participants307Covered participants reported
Assets / participant$11.6KComputed: assets ÷ participants$11,583 (computed)
Provider compensationNone reported
Plan sponsor
Koam Engineering Systems, Inc.
EIN
33-0771394
Plan number
004
Plan type
2
Location
San Diego, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023307H20250415143246NAL0005754288001
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)$3.6M total assets
Net assets$3.6MLiabilities$0
Money in vs. money out
Total income / additions$453.4K
Total expenses$318K
Benefits paid / distributions$313.3K
Contributions
Employer$150K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$3,556,052
Total liabilities (EOY)
$0
Net assets (EOY)
$3,556,052
Net assets (BOY)
$3,420,590

Income & contributions

Employer contributions
$150,000
Total contributions
$150,000
Total income / additions
$453,430

Expenses & distributions

Benefits paid
$313,330
Administrative expenses
$4,638
Total expenses
$317,968
Net increase / (decrease)
$135,462
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.

Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income69%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages