Kingsdown 401(K) Plan — Form 5500 plan (Kingsdown 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, Kingsdown 401(K) Plan is a benefit plan reported by Kingsdown Incorporated under EIN 56-0319850 and plan number 001. The latest loaded filing year is 2023. The filing reports 247 participants and $9,567,205 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kingsdown Incorporated
- EIN
- 56-0319850
- Plan number
- 001
- Plan type
- 2
- Location
- Mebane, NC
- Latest filing year
- 2023
- Participants
- 247
- End-of-year plan assets
- $9,567,205
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 247 | H, C | 20241015135320NAL0048231552001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,567,205
- Total liabilities (EOY)
- $22,066
- Net assets (EOY)
- $9,545,139
- Net assets (BOY)
- $8,309,785
Income & contributions
- Employer contributions
- $259,438
- Participant contributions
- $685,311
- Total contributions
- $944,749
- Total income / additions
- $2,250,641
Expenses & distributions
- Benefits paid
- $983,580
- Administrative expenses
- $29,533
- Total expenses
- $1,015,287
- Net increase / (decrease)
- $1,235,354
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $29,532 | $0 | 2023 |