Kongsberg Automotive, Inc. 401(K) Plan — Form 5500 plan (Kongsberg Automotive 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, Kongsberg Automotive, Inc. 401(K) Plan is a benefit plan reported by Kongsberg Automotive Inc under EIN 38-2913508 and plan number 001. The latest loaded filing year is 2023. The filing reports 675 participants and $44,522,437 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kongsberg Automotive Inc
- EIN
- 38-2913508
- Plan number
- 001
- Plan type
- 2
- Location
- Novi, MI
- Latest filing year
- 2023
- Participants
- 675
- End-of-year plan assets
- $44,522,437
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 675 | H, C | 20241015082924NAL0015987443001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $44,522,437
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $44,522,437
- Net assets (BOY)
- $39,231,131
Income & contributions
- Employer contributions
- $874,332
- Participant contributions
- $2,330,832
- Total contributions
- $3,637,495
- Total income / additions
- $10,248,455
Expenses & distributions
- Benefits paid
- $4,860,104
- Administrative expenses
- $83,753
- Total expenses
- $4,957,149
- Net increase / (decrease)
- $5,291,306
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hantz Financial Services Inc | ADVISOR | $65,181 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $10,626 | not reported in the loaded dataset | 2023 |
| Plante & Moran, Pllc | ACCOUNTANT/AUDITOR | $7,200 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $755 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Kongsberg Automotive Inc
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Novi, MI
- Hantz Financial Services Inc — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Plante & Moran, Pllc — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation