2023 Form 5500 filing — Karen Kane, Inc. 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 20241015111418NAL0014462803001) for Karen Kane, Inc. 401(K) Profit Sharing Plan, reported by Karen Kane, Inc. under EIN 95-3579007 and plan number 003. It reports 203 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015111418NAL0014462803001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Karen Kane, Inc.
- EIN
- 95-3579007
- Plan number
- 003
- Location
- Los Angeles, CA
- Participants
- 203
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,382,653
- Total liabilities (EOY)
- $4,100
- Net assets (EOY)
- $7,378,553
- Employer contributions
- $47,695
- Participant contributions
- $375,080
- Total income / additions
- $1,308,605
- Benefits paid
- $2,366,443
- Administrative expenses
- $100,551
- Total expenses
- $2,466,994
- Net increase / (decrease)
- -$1,158,389
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $30,464 | $0 |
| Empower Advisory Group LLC | INVESTMENT MGMT | $25,328 | not reported in the loaded dataset |
| Rbc Capital Markets LLC | INVESTMENT ADVISOR | $14,971 | not reported in the loaded dataset |
| Lee Cpa Audit Group | AUDITOR | $12,000 | not reported in the loaded dataset |
| Karen Kane Inc | OTHER | $4,000 | not reported in the loaded dataset |