Plan5500

2023 Form 5500 filing — Kings Oil Tools, 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 20250317163840NAL0001865089001) for Kings Oil Tools, Inc. 401(K) Profit Sharing Plan, reported by Kings Oil Tools, Inc. under EIN 94-2850782 and plan number 001. It reports 277 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20250317163840NAL0001865089001
Filing year
2023
Form type
2
Plan sponsor
Kings Oil Tools, Inc.
EIN
94-2850782
Plan number
001
Location
Paso Robles, CA
Participants
277
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$10,820,776
Total liabilities (EOY)
$97,211
Net assets (EOY)
$10,723,565
Employer contributions
$240,758
Participant contributions
$1,099,084
Total income / additions
$3,945,180
Benefits paid
$2,068,953
Administrative expenses
$55,269
Total expenses
$2,221,433
Net increase / (decrease)
$1,723,747
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Mpwa Inc Dba Mestmaker And PetreyINVESTMENT ADVISOR$21,010not reported in the loaded dataset
Freedom Fiduciaries LLCINVESTMENT ADVISOR$17,785not reported in the loaded dataset
Pension Assurance LlpCONTRACT ADMIN$9,950not reported in the loaded dataset
Qualified Services Inc Dba HicksCONTRACT ADMIN$5,975not reported in the loaded dataset
Empower Annuity Insurance CompanyRECORDKEEPER$5,964not reported in the loaded dataset
Empower Advisory Group LLCINVESTMENT MGMT$4,046not reported in the loaded dataset

Related Form 5500 pages