Korean Air Lines Co., Ltd. 401(K) Retirement Plan — Form 5500 plan (Korean Air Lines Co., Ltd)

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, Korean Air Lines Co., Ltd. 401(K) Retirement Plan is a benefit plan reported by Korean Air Lines Co., Ltd under EIN 95-6885942 and plan number 002. The latest loaded filing year is 2023. The filing reports 384 participants and $52,729,924 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Korean Air Lines Co., Ltd
EIN
95-6885942
Plan number
002
Plan type
2
Location
Los Angeles, CA
Latest filing year
2023
Participants
384
End-of-year plan assets
$52,729,924

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023384H, C20241007064443NAL0031165842001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$52,729,924
Total liabilities (EOY)
$0
Net assets (EOY)
$52,729,924
Net assets (BOY)
$42,703,658

Income & contributions

Employer contributions
$783,019
Participant contributions
$2,055,404
Total contributions
$2,842,156
Total income / additions
$11,905,357

Expenses & distributions

Benefits paid
$1,758,017
Administrative expenses
$115,094
Total expenses
$1,879,091
Net increase / (decrease)
$10,026,266

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Morgan Stanley Smith BarneyINVESTMENT/FINANCIAL ADVI$74,758$02023
Adp, Inc.RECORD KEEPER$34,336$02023
Klichs LlpACCOUNTANT$6,000$02023

Related Form 5500 pages