2023 Form 5500 filing — Kendall Electric, Inc. 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 20241009075847NAL0017999153001) for Kendall Electric, Inc. Profit Sharing Plan, reported by Kendall Electric, Inc. under EIN 38-2023622 and plan number 002. It reports 1,785 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009075847NAL0017999153001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kendall Electric, Inc.
- EIN
- 38-2023622
- Plan number
- 002
- Location
- Portage, MI
- Participants
- 1,785
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $213,543,585
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $213,543,585
- Employer contributions
- $1,538,766
- Participant contributions
- $9,963,579
- Total income / additions
- $50,994,709
- Benefits paid
- $26,941,862
- Administrative expenses
- $88,596
- Total expenses
- $27,071,183
- Net increase / (decrease)
- $23,923,526
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $71,679 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $16,917 | $0 |