2023 Form 5500 filing — The Ralph Korte Enterprises Profit-Sharing/Thrift Plan
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 20240910054129NAL0009250864001) for The Ralph Korte Enterprises Profit-Sharing/Thrift Plan, reported by Korte Construction Company under EIN 37-1017433 and plan number 002. It reports 304 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$48MReported net assets$47,969,714
Participants304
Provider compensation$27.6K3 Schedule C row(s)$27,601
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240910054129NAL0009250864001
- Plan sponsor
- Korte Construction Company
- EIN
- 37-1017433
- Plan number
- 002
- Location
- Highland, IL
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$48M total assets
Net assets$48MLiabilities$0
Full reported line items
- Total assets (EOY)
- $47,969,714
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $47,969,714
- Employer contributions
- $549,091
- Participant contributions
- $2,477,039
- Total income / additions
- $12,537,621
- Benefits paid
- $4,387,019
- Administrative expenses
- $27,602
- Total expenses
- $4,414,621
- Net increase / (decrease)
- $8,123,000
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Rubinbrown Llp | ACCOUNTANT/AUDITOR | $18,375 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $7,553 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $1,673 | $0 |