Kernodle Clinic, Inc. Employees 401k Profit Sharing Plan And Trust — Form 5500 plan (Kernodle Clinic, 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, Kernodle Clinic, Inc. Employees 401k Profit Sharing Plan And Trust is a benefit plan reported by Kernodle Clinic, Inc. under EIN 56-0520990 and plan number 002. The latest loaded filing year is 2023. The filing reports 393 participants and $46,073,550 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Kernodle Clinic, Inc.
EIN
56-0520990
Plan number
002
Plan type
2
Location
Burlington, NC
Latest filing year
2023
Participants
393
End-of-year plan assets
$46,073,550

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023393H, C20241014083035NAL0026819665001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$46,073,550
Total liabilities (EOY)
$0
Net assets (EOY)
$46,073,550
Net assets (BOY)
$43,133,817

Income & contributions

Employer contributions
$586,004
Participant contributions
$839,358
Total contributions
$1,444,917
Total income / additions
$9,109,330

Expenses & distributions

Benefits paid
$6,167,872
Administrative expenses
$1,725
Total expenses
$6,169,597
Net increase / (decrease)
$2,939,733

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Vanguard Group IncRECORDKEEPER$1,725$02023

Related Form 5500 pages