2023 Form 5500 filing — Ken'S Foods, Inc. Employee 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 20241014053201NAL0043625168001) for Ken'S Foods, Inc. Employee Thrift Plan, reported by Kens Foods, Inc under EIN 04-2235187 and plan number 001. It reports 1,541 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014053201NAL0043625168001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kens Foods, Inc
- EIN
- 04-2235187
- Plan number
- 001
- Location
- Marlboro, MA
- Participants
- 1,541
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $108,798,526
- Net assets (EOY)
- $108,798,526
- Employer contributions
- $3,618,544
- Participant contributions
- $5,854,263
- Total income / additions
- $27,604,702
- Benefits paid
- $13,411,512
- Administrative expenses
- $271,197
- Total expenses
- $14,003,730
- Net increase / (decrease)
- $13,600,972
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Summit Financial Corporation | CONTRACT ADMINISTRATOR | $98,448 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $74,146 | not reported in the loaded dataset |
| Rpw Solutions | CONTRACT ADMINISTRATOR | $50,066 | not reported in the loaded dataset |
| Global Retirement Partners | INVESTMENT ADVISOR | $45,534 | not reported in the loaded dataset |
| Empower Advisory Group | INVESTMENT MANAGEMENT | $3,003 | not reported in the loaded dataset |