Korber Supply Chain Us, Inc. 401(K) Savings Plan — Form 5500 plan (Korber Supply Chain Us, 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, Korber Supply Chain Us, Inc. 401(K) Savings Plan is a benefit plan reported by Korber Supply Chain Us, Inc. under EIN 41-2277297 and plan number 001. The latest loaded filing year is 2023. The filing reports 780 participants and $70,544,904 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Korber Supply Chain Us, Inc.
- EIN
- 41-2277297
- Plan number
- 001
- Plan type
- 3
- Location
- Bloomington, MN
- Latest filing year
- 2023
- Participants
- 780
- End-of-year plan assets
- $70,544,904
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 780 | H, C | 20241015133105NAL0049631424001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $70,544,904
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $70,544,904
- Net assets (BOY)
- $56,961,383
Income & contributions
- Employer contributions
- $1,957,706
- Participant contributions
- $6,483,312
- Total contributions
- $9,325,450
- Total income / additions
- $19,720,342
Expenses & distributions
- Benefits paid
- $5,996,257
- Administrative expenses
- $122,966
- Total expenses
- $6,136,821
- Net increase / (decrease)
- $13,583,521
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $122,965 | $0 | 2023 |
| Mma Securites LLC | INVESTMENT ADVISORY | $0 | $60,970 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Korber Supply Chain Us, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Bloomington, MN
- Principal Life Insurance Company — Schedule C compensation
- Mma Securites LLC — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation