K Line Logistics (U.S.A.) Incorporated 401(K) Profit Sharing Plan — Form 5500 plan (K Line Logistics (U.S.A.) Incorporated)
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, K Line Logistics (U.S.A.) Incorporated 401(K) Profit Sharing Plan is a benefit plan reported by K Line Logistics (U.S.A.) Incorporated under EIN 11-2514027 and plan number 002. The latest loaded filing year is 2023. The filing reports 123 participants and $8,151,751 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.2MPlan net assets, end of year$8,151,751
Participants123Covered participants reported
Assets / participant$66.3KComputed: assets ÷ participants$66,274 (computed)
Provider compensation$36.7K2 Schedule C provider row(s)$36,675
- Plan sponsor
- K Line Logistics (U.S.A.) Incorporated
- EIN
- 11-2514027
- Plan number
- 002
- Plan type
- 2
- Location
- Springfield Gardens, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 123 | H, C | 20240924055148NAL0012441553001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$8.2M total assets
Net assets$8.2MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $8,151,751
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,151,751
- Net assets (BOY)
- $7,095,884
Income & contributions
- Employer contributions
- $128,446
- Participant contributions
- $505,926
- Total contributions
- $671,462
- Total income / additions
- $1,740,692
Expenses & distributions
- Benefits paid
- $648,150
- Administrative expenses
- $36,675
- Total expenses
- $684,825
- Net increase / (decrease)
- $1,055,867
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
20%80%
Employer 20%Participant 80%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income37%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Retirement Plan Srvcs | RETAINED BY EMPLOYER | $23,064 | $0 | 2023 |
| Golden Eagle Capital Advisors, Inc. | RETAINED BY EMPLOYER | $13,611 | not reported in the loaded dataset | 2023 |