Somerset, KY Form 5500 retirement and benefit plan filings

City Form 5500 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, Somerset, KY has 19 loaded benefit plan(s) reported by 13 plan sponsor(s), with $126,478,840 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
19
Plan sponsors
13
Latest filing year
2023

Reported financial aggregate (2023)

Reported net position

Total reported assets (EOY)
$126,478,840
Total reported liabilities (EOY)
$57,952
Total reported net assets (EOY)
$126,420,888

Contributions & income

Employer contributions
$4,676,361
Participant contributions
$10,232,386
Total income / additions
$32,217,682

Expenses & distributions

Benefits paid / distributions
$13,678,613
Total expenses
$14,213,930
Net increase / (decrease)
$18,003,752

Coverage

Total reported participants
10,708
Plans with financial statements
10
Plans with provider compensation
9

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Somerset, KY plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Largest loaded plans by reported assets

Largest loaded plans in Somerset, KY
PlanSponsorReported assets (EOY)Year
Ttai 401(K) PlanToyotetsu America, Inc.$76,980,3062023
Don Franklin Auto 401(K) PlanFranklin Management, Inc.$14,972,9642023
First & Farmers National Bank, Inc. 401(K) PlanFirst & Farmers National Bank, Inc.$12,082,7702023
Citizens National Bank 401(K) PlanCitizens National Bank$8,710,0112023
Modern Distributors 401(K) PlanModern Distributors, Inc.$6,976,6062023
Somerset Hardwood Flooring Employee Retirement PlanSomerset Hardwood Flooring, Inc.$4,071,8352023
Continental Refining Company 401(K) Retirement PlanContinental Refining Company LLC$2,127,1742023
401(K) Profit-Sharing Plan For Employees Of Lifeline Homecare, Inc.Lifeline Homecare, Inc.$392,2092023
Tm Incorporated Profit Sharing PlanTm Incorporated$163,4082023
Employee Health Plan Of DuomarkDuomark$1,5572023
Toyotetsu America, Inc. Group Benefit PlanToyotetsu America, Inc.not reported in the loaded dataset2023
First And Farmers National Bank, Inc. Employee Benefits PlanFirst And Farmers National Bank, Inc.not reported in the loaded dataset2023
Franklin Management, Inc. Group Health And Welfare Benefit PlanFranklin Management, Inc.not reported in the loaded dataset2023
Faith Healthcare, Inc. Health & Welfare PlanFaith Healthcare, Inc.not reported in the loaded dataset2023
Citizens National Bank Life, Accident & Disability Insurance PlanCitizens National Banknot reported in the loaded dataset2023
South Kentucky Recc Employee Benefits PlanSouth Kentucky Reccnot reported in the loaded dataset2023
South Kentucky Rural Electrical Cooperative Corporation Life And Disability PlanSouth Kentucky Rural Electrical Cooperative Corporationnot reported in the loaded dataset2023
Modern Distributors Inc. Group Accident And Health Insurance PlanModern Distributors Inc.not reported in the loaded dataset2023
Eagle Hardwoods Benefit PlanEagle Hardwoods, Inc.not reported in the loaded dataset2023

Related Form 5500 pages