2023 Form 5500 filing — Kent Companies 401k 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 20241015170004NAL0058839026001) for Kent Companies 401k Plan, reported by Kent Distributors, Inc. under EIN 75-0972465 and plan number 001. It reports 645 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015170004NAL0058839026001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kent Distributors, Inc.
- EIN
- 75-0972465
- Plan number
- 001
- Location
- Midland, TX
- Participants
- 645
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,107,342
- Total liabilities (EOY)
- $994,663
- Net assets (EOY)
- $10,112,679
- Employer contributions
- $639,061
- Participant contributions
- $999,147
- Total income / additions
- $4,048,270
- Benefits paid
- $1,215,452
- Administrative expenses
- $63,079
- Total expenses
- $1,297,743
- Net increase / (decrease)
- $2,750,527
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Raymond James & Assoc | RIA | $22,412 | $0 |
| John Hancock Usa | RECORDKEEPER | $4,454 | $0 |
| Pentec Pension Management Group Inc | NONE | $0 | $0 |