2023 Form 5500 filing — Kobelco Construction Machinery Usa, Inc. 401(K) 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 20241003100030NAL0016804000001) for Kobelco Construction Machinery Usa, Inc. 401(K) Plan, reported by Kobelco Construction Machinery Usa, Inc. under EIN 58-2649910 and plan number 001. It reports 124 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003100030NAL0016804000001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kobelco Construction Machinery Usa, Inc.
- EIN
- 58-2649910
- Plan number
- 001
- Location
- Katy, TX
- Participants
- 124
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,234,167
- Total liabilities (EOY)
- $6,017
- Net assets (EOY)
- $10,228,150
- Employer contributions
- $332,902
- Participant contributions
- $544,560
- Total income / additions
- $2,475,905
- Benefits paid
- $2,343,087
- Administrative expenses
- $93,596
- Total expenses
- $2,438,871
- Net increase / (decrease)
- $37,034
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group, LLC | INVESTMENT MGMT | $30,355 | not reported in the loaded dataset |
| Morgan Stanley | INVESTMENT ADVISOR | $26,074 | not reported in the loaded dataset |
| The Benefit Practice | CONTRACT ADMIN | $6,625 | $10,000 |
| Empower Annuity Insurance Company | RECORDKEEPER | $8,521 | not reported in the loaded dataset |
| Qdro Consultants Company, LLC | CONTRACT ADMIN | $400 | not reported in the loaded dataset |