Kic Chemical Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Kic Chemical 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, Kic Chemical Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Kic Chemical Inc under EIN 13-3250849 and plan number 001. The latest loaded filing year is 2023. The filing reports 16 participants and $3,062,683 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$3.1MPlan net assets, end of year$3,062,683
Participants16Covered participants reported
Assets / participant$191.4KComputed: assets ÷ participants$191,418 (computed)
Provider compensationNone reported
- Plan sponsor
- Kic Chemical Inc
- EIN
- 13-3250849
- Plan number
- 001
- Plan type
- 2
- Location
- New Paltz, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 16 | I | 20240417152451NAL0002170851001 |
Schedule I · 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)$3.1M total assets
Net assets$3.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $3,062,683
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,062,683
- Net assets (BOY)
- $2,804,442
Income & contributions
- Employer contributions
- $64,140
- Participant contributions
- $144,540
- Total income / additions
- $546,085
Expenses & distributions
- Benefits paid
- $283,215
- Administrative expenses
- $4,629
- Total expenses
- $287,844
- Net increase / (decrease)
- $258,241
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.