2023 Form 5500 filing — Kwik Lok Corporation 401(K) Profit Sharing Plan And Trust
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 20250115112443NAL0035546528001) for Kwik Lok Corporation 401(K) Profit Sharing Plan And Trust, reported by Kwik Lok Corporation under EIN 91-0616767 and plan number 002. It reports 171 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250115112443NAL0035546528001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kwik Lok Corporation
- EIN
- 91-0616767
- Plan number
- 002
- Location
- Yakima, WA
- Participants
- 171
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,375,495
- Net assets (EOY)
- $10,375,495
- Employer contributions
- $388,256
- Participant contributions
- $777,186
- Total income / additions
- $2,990,912
- Benefits paid
- $2,310,529
- Administrative expenses
- $31,769
- Total expenses
- $2,342,298
- Net increase / (decrease)
- $648,614
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Usi Advisors | NONE | $30,900 | $0 |
| Charles Schwab Trust Bank | NONE | $0 | $3,866 |
| Usi Consulting Group, Inc. | NONE | $869 | $0 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |