Who sponsors the Kontane Logistics, Inc. 401(K) Profit Sharing Plan?

Kontane Logistics, Inc. 401(K) Profit Sharing Plan is reported as sponsored by Kontane Logistics, Inc. (EIN 56-1122243, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Kontane Logistics, Inc. 401(K) Profit Sharing Plan?

The latest Form 5500 filing year loaded for Kontane Logistics, Inc. 401(K) Profit Sharing Plan is 2023.

How many participants does Kontane Logistics, Inc. 401(K) Profit Sharing Plan report?

Kontane Logistics, Inc. 401(K) Profit Sharing Plan reports 295 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Kontane Logistics, Inc. 401(K) Profit Sharing Plan?

Kontane Logistics, Inc. 401(K) Profit Sharing Plan reports $7,158,557 in end-of-year plan assets in its latest loaded Form 5500 filing.

Kontane Logistics, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Kontane Logistics, 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, Kontane Logistics, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Kontane Logistics, Inc. under EIN 56-1122243 and plan number 001. The latest loaded filing year is 2023. The filing reports 295 participants and $7,158,557 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.2MPlan net assets, end of year$7,158,557

Participants295Covered participants reported

Assets / participant$24.3KComputed: assets ÷ participants$24,266 (computed)

Provider compensation$36.9K3 Schedule C provider row(s)$36,877

Plan sponsor: Kontane Logistics, Inc.
EIN: 56-1122243
Plan number: 001
Plan type: 2
Location: Hickory, NC
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	295	H, C	20250528073134NAL0004273971001

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)$7.2M total assets

Net assets$7.2MLiabilities$0

Money in vs. money out

Total income / additions$2M

Total expenses$892.9K

Benefits paid / distributions$856K

Contributions

Employer$623.9K

Participant$497.1K

Full reported line items

Net assets

Total assets (EOY): $7,158,557
Total liabilities (EOY): $0
Net assets (EOY): $7,158,557
Net assets (BOY): $6,052,414

Income & contributions

Employer contributions: $623,857
Participant contributions: $497,092
Total contributions: $1,120,949
Total income / additions: $1,999,038

Expenses & distributions

Benefits paid: $856,018
Administrative expenses: $36,877
Total expenses: $892,895
Net increase / (decrease): $1,106,143

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)

56%44%

Employer 56%Participant 44%

Total expenses ÷ net assets12%Computed ratio

Benefits paid ÷ total income43%Computed ratio

Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
John Hancock	not reported in the loaded dataset	$29,248	not reported in the loaded dataset	2023
Qualified Plan Administrators	not reported in the loaded dataset	$6,450	not reported in the loaded dataset	2023
Cambridge Capital	not reported in the loaded dataset	$1,179	not reported in the loaded dataset	2023