Kra Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Kra Corporation)
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, Kra Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Kra Corporation under EIN 52-1230252 and plan number 001. The latest loaded filing year is 2023. The filing reports 227 participants and $4,488,579 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$4.5MPlan net assets, end of year$4,488,579
Participants227Covered participants reported
Assets / participant$19.8KComputed: assets ÷ participants$19,773 (computed)
Provider compensation$78.8K4 Schedule C provider row(s)$78,765
- Plan sponsor
- Kra Corporation
- EIN
- 52-1230252
- Plan number
- 001
- Plan type
- 2
- Location
- Coulmbia, MD
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 227 | H, C | 20241015164440NAL0058774658001 |
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)$4.5M total assets
Net assets$4.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $4,488,579
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,488,579
- Net assets (BOY)
- $4,049,960
Income & contributions
- Employer contributions
- $109,551
- Participant contributions
- $344,692
- Total contributions
- $454,243
- Total income / additions
- $1,031,025
Expenses & distributions
- Benefits paid
- $519,802
- Administrative expenses
- $60,397
- Total expenses
- $592,406
- Net increase / (decrease)
- $438,619
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.
24%76%
Employer 24%Participant 76%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income50%Computed ratio
Provider comp. ÷ net assets2%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $51,634 | $0 | 2023 |
| The Investment Center Inc | BROKER/ADVISER | $0 | $18,368 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $6,662 | not reported in the loaded dataset | 2023 |
| Leafhouse Financial Advisors, LLC | OTHER | $2,101 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Kra Corporation
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Coulmbia, MD
- Empower Annuity Insurance Company O — Schedule C compensation
- The Investment Center Inc — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation