The Kenific Group Health And Welfare Plan — Form 5500 plan (Kenific Group, 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, The Kenific Group Health And Welfare Plan is a benefit plan reported by Kenific Group, Inc. under EIN 45-3056454 and plan number 501. The latest loaded filing year is 2023. The filing reports 462 participants and $679,066 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kenific Group, Inc.
- EIN
- 45-3056454
- Plan number
- 501
- Plan type
- 2
- Location
- Leesburg, VA
- Latest filing year
- 2023
- Participants
- 462
- End-of-year plan assets
- $679,066
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 462 | H, C | 20241002104526NAL0004732723001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $679,066
- Total liabilities (EOY)
- $26,180
- Net assets (EOY)
- $652,886
- Net assets (BOY)
- $764,615
Income & contributions
- Employer contributions
- $3,635,367
- Participant contributions
- $406,013
- Total contributions
- $4,041,380
- Total income / additions
- $4,041,380
Expenses & distributions
- Benefits paid
- $3,942,557
- Administrative expenses
- $210,552
- Total expenses
- $4,153,109
- Net increase / (decrease)
- -$111,729
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Assured Partners Gsa National | CONTRACT ADMINISTRATOR | $189,954 | $0 | 2023 |
| Cigna Health And Life Insurance Co | ADMINISTRATOR | $16,767 | $0 | 2023 |
| Lifeworksus Ltd | NONE | $9,608 | $0 | 2023 |