2023 Form 5500 filing — Korbyt 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 20241010124757NAL0020989601001) for Korbyt 401(K) Plan, reported by Rmg Enterprise Solutions, Inc. under EIN 74-2132122 and plan number 001. It reports 131 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010124757NAL0020989601001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Rmg Enterprise Solutions, Inc.
- EIN
- 74-2132122
- Plan number
- 001
- Location
- Addison, TX
- Participants
- 131
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,105,806
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,105,806
- Participant contributions
- $598,108
- Total income / additions
- $1,949,262
- Benefits paid
- $677,600
- Administrative expenses
- $48,225
- Total expenses
- $725,825
- Net increase / (decrease)
- $1,223,437
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Prudential Retirement Insurance And | NONE | $48,201 | $0 |
| Woodbury Financial Services | NONE | $0 | $18,221 |