2023 Form 5500 filing — Kassouf & Co., Inc. 401(K) Profit Sharing Retirement 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 20250630151056NAL0016601008001) for Kassouf & Co., Inc. 401(K) Profit Sharing Retirement Plan, reported by Kassouf & Co., Inc. under EIN 63-0590670 and plan number 002. It reports 128 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250630151056NAL0016601008001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kassouf & Co., Inc.
- EIN
- 63-0590670
- Plan number
- 002
- Location
- Birmingham, AL
- Participants
- 128
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,685,388
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,685,388
- Employer contributions
- $395,117
- Participant contributions
- $813,724
- Total income / additions
- $5,539,357
- Benefits paid
- $292,179
- Administrative expenses
- $66,611
- Total expenses
- $358,790
- Net increase / (decrease)
- $5,180,567
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Savant Wealth Management | NONE | $48,076 | $0 |
| Smith, Dukes & Buckalew, Llp | NONE | $12,000 | not reported in the loaded dataset |
| Matrix Trust Company | NONE | $6,534 | $0 |