Renkim Corporation Profit Sharing/401(K) Plan — Form 5500 plan (Renkim Corporation)
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, Renkim Corporation Profit Sharing/401(K) Plan is a benefit plan reported by Renkim Corporation under EIN 38-2421198 and plan number 001. The latest loaded filing year is 2023. The filing reports 136 participants and $7,066,675 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Renkim Corporation
- EIN
- 38-2421198
- Plan number
- 001
- Plan type
- 2
- Location
- Southgate, MI
- Latest filing year
- 2023
- Participants
- 136
- End-of-year plan assets
- $7,066,675
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 136 | H, C | 20241009135434NAL0018480721001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,066,675
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,066,675
- Net assets (BOY)
- $6,696,856
Income & contributions
- Employer contributions
- $60,076
- Participant contributions
- $455,090
- Total contributions
- $764,400
- Total income / additions
- $1,967,021
Expenses & distributions
- Benefits paid
- $1,573,140
- Administrative expenses
- $17,403
- Total expenses
- $1,597,202
- Net increase / (decrease)
- $369,819
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial LLC | ADVISOR | $17,307 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$696 | $0 | 2023 |