2023 Form 5500 filing — Kprs 401(K) 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 20241014110419NAL0027107441001) for Kprs 401(K) Profit Sharing Plan, reported by Kprs Construction under EIN 88-0342881 and plan number 001. It reports 385 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014110419NAL0027107441001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kprs Construction
- EIN
- 88-0342881
- Plan number
- 001
- Location
- Brea, CA
- Participants
- 385
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,495,326
- Net assets (EOY)
- $25,495,326
- Employer contributions
- $623,151
- Participant contributions
- $2,238,562
- Total income / additions
- $5,648,253
- Benefits paid
- $3,233,694
- Administrative expenses
- $86,438
- Total expenses
- $3,320,132
- Net increase / (decrease)
- $2,328,121
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $85,862 | $0 |
| Nfp Retirement, Inc. | INVESTMENT ADVISORY | $0 | $24,064 |
| Crossplans | CONTRACT ADMINISTRATOR | $75 | $20,645 |
| Accelerate Retirement | INVESTMENT ADVISORY | $0 | $19,038 |
| John Hancock Life Insurance Company | RECORDKEEPER | $500 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |