K-Flex Usa 401(K) Retirement Savings Plan — Form 5500 plan (K-Flex Usa LLC)
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, K-Flex Usa 401(K) Retirement Savings Plan is a benefit plan reported by K-Flex Usa LLC under EIN 56-2249271 and plan number 002. The latest loaded filing year is 2023. The filing reports 287 participants and $8,500,308 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- K-Flex Usa LLC
- EIN
- 56-2249271
- Plan number
- 002
- Plan type
- 2
- Location
- Youngsville, NC
- Latest filing year
- 2023
- Participants
- 287
- End-of-year plan assets
- $8,500,308
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 287 | H, C | 20240913095650NAL0005888051001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,500,308
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,500,308
- Net assets (BOY)
- $7,738,056
Income & contributions
- Employer contributions
- $482,801
- Participant contributions
- $688,129
- Total contributions
- $1,170,930
- Total income / additions
- $2,357,153
Expenses & distributions
- Benefits paid
- $1,548,563
- Administrative expenses
- $32,994
- Total expenses
- $1,594,901
- Net increase / (decrease)
- $762,252
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| First Allied Advisory Services, Inc | INVESTMENT/FINANCIAL ADVI | $19,281 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $13,713 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |