Knit-Rite, LLC Employees 401k Profit Sharing Plan — Form 5500 plan (Knit-Rite, LLC)
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, Knit-Rite, LLC Employees 401k Profit Sharing Plan is a benefit plan reported by Knit-Rite, LLC under EIN 43-1600470 and plan number 001. The latest loaded filing year is 2023. The filing reports 198 participants and $10,167,345 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Knit-Rite, LLC
- EIN
- 43-1600470
- Plan number
- 001
- Plan type
- 2
- Location
- Kansas City, KS
- Latest filing year
- 2023
- Participants
- 198
- End-of-year plan assets
- $10,167,345
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 198 | H, C | 20240808101535NAL0002659795001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,167,345
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,167,345
- Net assets (BOY)
- $8,655,695
Income & contributions
- Employer contributions
- $147,916
- Participant contributions
- $655,975
- Total contributions
- $821,358
- Total income / additions
- $2,261,767
Expenses & distributions
- Benefits paid
- $731,991
- Administrative expenses
- $18,126
- Total expenses
- $750,117
- Net increase / (decrease)
- $1,511,650
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $59,094 | $0 | 2023 |
| Compensation Benefit Planning, Inc. | CONTRACT ADMIN | $11,770 | not reported in the loaded dataset | 2023 |
| Erp National LLC Dba Erp Retirement | CONTRACT ADMIN | $735 | not reported in the loaded dataset | 2023 |
| Mmlis | BROKER/ADVISER | $0 | $178 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $89 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Knit-Rite, LLC
- 2023 Form 5500 filing
- Form 5500 filings in KS
- 401(k) and benefit plan filings in Kansas City, KS
- Empower Annuity Insurance Company — Schedule C compensation
- Compensation Benefit Planning, Inc. — Schedule C compensation
- Erp National LLC Dba Erp Retirement — Schedule C compensation
- Mmlis — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation