Kalsec, Inc. Employees' Profit Sharing Plan — Form 5500 plan (Kalsec, 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, Kalsec, Inc. Employees' Profit Sharing Plan is a benefit plan reported by Kalsec, Inc. under EIN 38-2089140 and plan number 003. The latest loaded filing year is 2023. The filing reports 404 participants and $96,531,005 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Kalsec, Inc.
EIN
38-2089140
Plan number
003
Plan type
2
Location
Kalamazoo, MI
Latest filing year
2023
Participants
404
End-of-year plan assets
$96,531,005

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023404H, C20250708160803NAL0002366355001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$96,531,005
Total liabilities (EOY)
$0
Net assets (EOY)
$96,531,005
Net assets (BOY)
$82,938,185

Income & contributions

Employer contributions
$1,570,518
Participant contributions
$3,067,633
Total contributions
$5,298,430
Total income / additions
$28,795,988

Expenses & distributions

Benefits paid
$14,721,232
Administrative expenses
-$24,447
Total expenses
$14,700,657
Net increase / (decrease)
$14,095,331

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$21,991not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$46,438$02023

Related Form 5500 pages