Kinplex 401k Plan — Form 5500 plan (Kinplex Corporation)

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, Kinplex 401k Plan is a benefit plan reported by Kinplex Corporation under EIN 11-2667922 and plan number 003. The latest loaded filing year is 2023. The filing reports 421 participants and $10,241,102 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10.2MPlan net assets, end of year$10,241,102
Participants421Covered participants reported
Assets / participant$24.3KComputed: assets ÷ participants$24,326 (computed)
Provider compensation$40K2 Schedule C provider row(s)$40,010
Plan sponsor
Kinplex Corporation
EIN
11-2667922
Plan number
003
Plan type
2
Location
Hauppauge, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023421H, C20241009090838NAL0018071009001
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)$10.2M total assets
Net assets$10.2MLiabilities$0
Money in vs. money out
Total income / additions$2.2M
Total expenses$1.7M
Benefits paid / distributions$1.6M
Contributions
Employer$66.8K
Participant$456.5K
Full reported line items

Net assets

Total assets (EOY)
$10,241,102
Total liabilities (EOY)
$0
Net assets (EOY)
$10,241,102
Net assets (BOY)
$9,717,154

Income & contributions

Employer contributions
$66,803
Participant contributions
$456,456
Total contributions
$523,259
Total income / additions
$2,246,145

Expenses & distributions

Benefits paid
$1,558,174
Administrative expenses
$42,930
Total expenses
$1,722,197
Net increase / (decrease)
$523,948
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.

Contribution share (employer vs. participant)
Employer 13%Participant 87%
Total expenses ÷ net assets17%Computed ratio
Benefits paid ÷ total income69%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$20,010$02023
Stonehill Fidcuciary ManagementINVESTMENT/FINANCIAL ADVI$20,000$02023

Related Form 5500 pages