Kabco Builders, Inc. 401(K) Retirement Plan — Form 5500 plan (Kabco Builders, 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, Kabco Builders, Inc. 401(K) Retirement Plan is a benefit plan reported by Kabco Builders, Inc. under EIN 71-0943618 and plan number 001. The latest loaded filing year is 2023. The filing reports 228 participants and $4,059,416 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.1MPlan net assets, end of year$4,059,416
Participants228Covered participants reported
Assets / participant$17.8KComputed: assets ÷ participants$17,804 (computed)
Provider compensation$15.6K1 Schedule C provider row(s)$15,603
Plan sponsor
Kabco Builders, Inc.
EIN
71-0943618
Plan number
001
Plan type
2
Location
Boaz, AL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023228H, C20240930124906NAL0005548145001
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)$4.1M total assets
Net assets$4.1MLiabilities$0
Money in vs. money out
Total income / additions$839.5K
Total expenses$151.2K
Benefits paid / distributions$147.9K
Contributions
Employer$53K
Participant$256.2K
Full reported line items

Net assets

Total assets (EOY)
$4,059,416
Total liabilities (EOY)
$0
Net assets (EOY)
$4,059,416
Net assets (BOY)
$3,371,059

Income & contributions

Employer contributions
$53,013
Participant contributions
$256,215
Total contributions
$309,228
Total income / additions
$839,545

Expenses & distributions

Benefits paid
$147,941
Administrative expenses
$3,247
Total expenses
$151,188
Net increase / (decrease)
$688,357
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)
Employer 17%Participant 83%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income18%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
American United Life Insurance CompNONE$3,459$12,1442023

Related Form 5500 pages