Ken'S Foods, Inc. Employee Thrift Plan — Form 5500 plan (Kens Foods, Inc)
Plain-English plan 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, Ken'S Foods, Inc. Employee Thrift Plan is a benefit plan reported by Kens Foods, Inc under EIN 04-2235187 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,541 participants and $108,798,526 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kens Foods, Inc
- EIN
- 04-2235187
- Plan number
- 001
- Plan type
- 2
- Location
- Marlboro, MA
- Latest filing year
- 2023
- Participants
- 1,541
- End-of-year plan assets
- $108,798,526
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,541 | H, C | 20241014053201NAL0043625168001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $108,798,526
- Net assets (EOY)
- $108,798,526
- Net assets (BOY)
- $95,197,554
Income & contributions
- Employer contributions
- $3,618,544
- Participant contributions
- $5,854,263
- Total contributions
- $10,687,649
- Total income / additions
- $27,604,702
Expenses & distributions
- Benefits paid
- $13,411,512
- Administrative expenses
- $271,197
- Total expenses
- $14,003,730
- Net increase / (decrease)
- $13,600,972
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Summit Financial Corporation | CONTRACT ADMINISTRATOR | $98,448 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $74,146 | not reported in the loaded dataset | 2023 |
| Rpw Solutions | CONTRACT ADMINISTRATOR | $50,066 | not reported in the loaded dataset | 2023 |
| Global Retirement Partners | INVESTMENT ADVISOR | $45,534 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group | INVESTMENT MANAGEMENT | $3,003 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Kens Foods, Inc
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Marlboro, MA
- Summit Financial Corporation — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Rpw Solutions — Schedule C compensation
- Global Retirement Partners — Schedule C compensation
- Empower Advisory Group — Schedule C compensation