2023 Form 5500 filing — Koerner Distributor, Inc. 401(K) Profit Sharing Plan And Trust
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240809102952NAL0010718896001) for Koerner Distributor, Inc. 401(K) Profit Sharing Plan And Trust, reported by Koerner Distributor, Inc. under EIN 37-1107566 and plan number 001. It reports 283 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240809102952NAL0010718896001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Koerner Distributor, Inc.
- EIN
- 37-1107566
- Plan number
- 001
- Location
- Effingham, IL
- Participants
- 283
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,227,282
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,227,282
- Employer contributions
- $706,473
- Participant contributions
- $846,621
- Total income / additions
- $5,471,291
- Benefits paid
- $1,008,478
- Administrative expenses
- $105,395
- Total expenses
- $1,113,873
- Net increase / (decrease)
- $4,357,418
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group, LLC | INVESTMENT MGMT | $46,126 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $39,901 | $0 |
| Fifth Third Bank | INVESTMENT ADVISOR | $19,368 | not reported in the loaded dataset |