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, Kongsberg 401(K) Plan is a benefit plan reported by Kongsberg Maritime, Inc. under EIN 91-1476574 and plan number 001. The latest loaded filing year is 2023. The filing reports 702 participants and $84,855,856 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $84,855,856
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $84,855,856
- Net assets (BOY)
- $70,957,215
Income & contributions
- Employer contributions
- $2,450,632
- Participant contributions
- $4,490,288
- Total contributions
- $8,664,261
- Total income / additions
- $21,494,753
Expenses & distributions
- Benefits paid
- $6,916,801
- Administrative expenses
- $141,533
- Total expenses
- $7,068,507
- Net increase / (decrease)
- $14,426,246