2023 Form 5500 filing — The Corken Steel Products Company 401(K) And Profit Sharing 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 20240912074746NAL0008189249001) for The Corken Steel Products Company 401(K) And Profit Sharing Plan, reported by The Corken Steel Products Company under EIN 61-0503239 and plan number 001. It reports 307 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240912074746NAL0008189249001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Corken Steel Products Company
- EIN
- 61-0503239
- Plan number
- 001
- Location
- Florence, KY
- Participants
- 307
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,257,167
- Total liabilities (EOY)
- $14,580
- Net assets (EOY)
- $30,242,587
- Employer contributions
- $680,743
- Participant contributions
- $1,496,173
- Total income / additions
- $4,526,911
- Benefits paid
- $1,503,718
- Administrative expenses
- $193,749
- Total expenses
- $1,697,467
- Net increase / (decrease)
- $2,829,444
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $134,501 | $5,979 |
| Latitude Service Company, Inc. | RECORDKEEPER/BOOKKEEPER | $26,180 | not reported in the loaded dataset |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $19,546 | $0 |
| Vonlehman Cpa & Advisory | ACCOUNTANT | $15,000 | not reported in the loaded dataset |
| Quadrant Capital Group LLC | INVESTMENT MANAGEMENT | $9,727 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | INVESTMENT MANAGEMENT | $90 | not reported in the loaded dataset |