Kings Oil Tools, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Kings Oil Tools, 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, Kings Oil Tools, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Kings Oil Tools, Inc. under EIN 94-2850782 and plan number 001. The latest loaded filing year is 2023. The filing reports 277 participants and $10,820,776 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kings Oil Tools, Inc.
- EIN
- 94-2850782
- Plan number
- 001
- Plan type
- 2
- Location
- Paso Robles, CA
- Latest filing year
- 2023
- Participants
- 277
- End-of-year plan assets
- $10,820,776
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 277 | H, C | 20250317163840NAL0001865089001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,820,776
- Total liabilities (EOY)
- $97,211
- Net assets (EOY)
- $10,723,565
- Net assets (BOY)
- $8,999,818
Income & contributions
- Employer contributions
- $240,758
- Participant contributions
- $1,099,084
- Total contributions
- $1,709,288
- Total income / additions
- $3,945,180
Expenses & distributions
- Benefits paid
- $2,068,953
- Administrative expenses
- $55,269
- Total expenses
- $2,221,433
- Net increase / (decrease)
- $1,723,747
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mpwa Inc Dba Mestmaker And Petrey | INVESTMENT ADVISOR | $21,010 | not reported in the loaded dataset | 2023 |
| Freedom Fiduciaries LLC | INVESTMENT ADVISOR | $17,785 | not reported in the loaded dataset | 2023 |
| Pension Assurance Llp | CONTRACT ADMIN | $9,950 | not reported in the loaded dataset | 2023 |
| Qualified Services Inc Dba Hicks | CONTRACT ADMIN | $5,975 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $5,964 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group LLC | INVESTMENT MGMT | $4,046 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Kings Oil Tools, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Paso Robles, CA
- Mpwa Inc Dba Mestmaker And Petrey — Schedule C compensation
- Freedom Fiduciaries LLC — Schedule C compensation
- Pension Assurance Llp — Schedule C compensation
- Qualified Services Inc Dba Hicks — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Empower Advisory Group LLC — Schedule C compensation