2023 Form 5500 filing — Kontane Logistics, 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 20250528073134NAL0004273971001) for Kontane Logistics, Inc. 401(K) Profit Sharing Plan, reported by Kontane Logistics, Inc. under EIN 56-1122243 and plan number 001. It reports 295 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$7.2MReported net assets$7,158,557
Participants295
Provider compensation$36.9K3 Schedule C row(s)$36,877
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20250528073134NAL0004273971001
- Plan sponsor
- Kontane Logistics, Inc.
- EIN
- 56-1122243
- Plan number
- 001
- Location
- Hickory, NC
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$7.2M total assets
Net assets$7.2MLiabilities$0
Full reported line items
- Total assets (EOY)
- $7,158,557
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,158,557
- Employer contributions
- $623,857
- Participant contributions
- $497,092
- Total income / additions
- $1,999,038
- Benefits paid
- $856,018
- Administrative expenses
- $36,877
- Total expenses
- $892,895
- Net increase / (decrease)
- $1,106,143
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock | not reported in the loaded dataset | $29,248 | not reported in the loaded dataset |
| Qualified Plan Administrators | not reported in the loaded dataset | $6,450 | not reported in the loaded dataset |
| Cambridge Capital | not reported in the loaded dataset | $1,179 | not reported in the loaded dataset |