King Ranch, Inc. 401(K) Employee Retirement Savings Plan — Form 5500 plan (King Ranch, 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, King Ranch, Inc. 401(K) Employee Retirement Savings Plan is a benefit plan reported by King Ranch, Incorporated under EIN 74-0726547 and plan number 003. The latest loaded filing year is 2023. The filing reports 954 participants and $56,406,731 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$56.4MPlan net assets, end of year$56,406,731
Participants954Covered participants reported
Assets / participant$59.1KComputed: assets ÷ participants$59,127 (computed)
Provider compensation$38.1K1 Schedule C provider row(s)$38,127
Plan sponsor
King Ranch, Incorporated
EIN
74-0726547
Plan number
003
Plan type
2
Location
Houston, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023954H, C20240819080256NAL0002935986001
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)$56.4M total assets
Net assets$56.4MLiabilities$0
Money in vs. money out
Total income / additions$13.1M
Total expenses$5M
Benefits paid / distributions$5M
Contributions
Employer$1.8M
Participant$2.1M
Full reported line items

Net assets

Total assets (EOY)
$56,406,731
Total liabilities (EOY)
$0
Net assets (EOY)
$56,406,731
Net assets (BOY)
$48,271,503

Income & contributions

Employer contributions
$1,826,025
Participant contributions
$2,117,842
Total contributions
$4,845,861
Total income / additions
$13,134,990

Expenses & distributions

Benefits paid
$4,961,635
Administrative expenses
$38,127
Total expenses
$4,999,762
Net increase / (decrease)
$8,135,228
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 46%Participant 54%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income38%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Retirement Plan SrvcsRETAINED BY CLIENT$38,127$02023

Related Form 5500 pages