Boman & Kemp Manufacturing, Inc. 401(K) Retirement Savings Plan — Form 5500 plan (Boman & Kemp Mfg 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, Boman & Kemp Manufacturing, Inc. 401(K) Retirement Savings Plan is a benefit plan reported by Boman & Kemp Mfg Inc under EIN 87-0636779 and plan number 001. The latest loaded filing year is 2023. The filing reports 176 participants and $37,074,031 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Boman & Kemp Mfg Inc
EIN
87-0636779
Plan number
001
Plan type
2
Location
Ogden, UT
Latest filing year
2023
Participants
176
End-of-year plan assets
$37,074,031

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023176H, C20240903163628NAL0010668403001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$37,074,031
Total liabilities (EOY)
$0
Net assets (EOY)
$37,074,031
Net assets (BOY)
$31,555,601

Income & contributions

Employer contributions
$677,489
Participant contributions
$806,344
Total contributions
$1,484,325
Total income / additions
$6,708,137

Expenses & distributions

Benefits paid
$1,102,984
Administrative expenses
$86,723
Total expenses
$1,189,707
Net increase / (decrease)
$5,518,430

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$86,722$02023
Global Retirement Partners LLCINVESTMENT ADVISORY$0$32,8542023

Related Form 5500 pages