Conco Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Conco Incorporated)

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, Conco Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Conco Incorporated under EIN 48-0829990 and plan number 001. The latest loaded filing year is 2023. The filing reports 207 participants and $13,472,858 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.5MPlan net assets, end of year$13,472,858
Participants207Covered participants reported
Assets / participant$65.1KComputed: assets ÷ participants$65,086 (computed)
Provider compensation$69.6K2 Schedule C provider row(s)$69,635
Plan sponsor
Conco Incorporated
EIN
48-0829990
Plan number
001
Plan type
2
Location
Wichita, KS
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023207H, C20250107161246NAL0009538641001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$13.5M total assets
Net assets$13.5MLiabilities$0
Money in vs. money out
Total income / additions$3.7M
Total expenses$2M
Benefits paid / distributions$2M
Contributions
Employer$688.8K
Participant$964.3K
Full reported line items

Net assets

Total assets (EOY)
$13,472,858
Total liabilities (EOY)
$0
Net assets (EOY)
$13,472,858
Net assets (BOY)
$11,761,432

Income & contributions

Employer contributions
$688,843
Participant contributions
$964,251
Total contributions
$1,735,568
Total income / additions
$3,740,289

Expenses & distributions

Benefits paid
$1,975,185
Administrative expenses
$53,678
Total expenses
$2,028,863
Net increase / (decrease)
$1,711,426
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 42%Participant 58%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income53%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$53,677$02023
Keating Financial Advisory ServicesINVESTMENT ADVISORY$0$15,9582023

Related Form 5500 pages