Kam Plastics Corp. Employee Stock Ownership Plan — Form 5500 plan (Kam Plastics Corp)
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, Kam Plastics Corp. Employee Stock Ownership Plan is a benefit plan reported by Kam Plastics Corp under EIN 20-1251538 and plan number 002. The latest loaded filing year is 2023. The filing reports 148 participants and $10,209,803 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kam Plastics Corp
- EIN
- 20-1251538
- Plan number
- 002
- Plan type
- 2
- Location
- Holland, MI
- Latest filing year
- 2023
- Participants
- 148
- End-of-year plan assets
- $10,209,803
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 148 | H, C | 20241014120935NAL0013254835001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,209,803
- Total liabilities (EOY)
- $749,923
- Net assets (EOY)
- $9,459,880
- Net assets (BOY)
- $8,351,228
Income & contributions
- Employer contributions
- $420,000
- Total contributions
- $420,000
- Total income / additions
- $1,848,808
Expenses & distributions
- Benefits paid
- $663,951
- Administrative expenses
- $49,029
- Total expenses
- $740,156
- Net increase / (decrease)
- $1,108,652
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Vision Esop Valuation | VALUATION SERVICES | $15,000 | not reported in the loaded dataset | 2023 |
| Varnum Llp | LEGAL | $10,399 | not reported in the loaded dataset | 2023 |
| Doeren Mayhew Grand Rapids, Pllc | ACCOUNTANT | $8,900 | not reported in the loaded dataset | 2023 |
| Watkins Ross | PLAN ADMINISTRATOR | $8,731 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Kam Plastics Corp
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Holland, MI
- Vision Esop Valuation — Schedule C compensation
- Varnum Llp — Schedule C compensation
- Doeren Mayhew Grand Rapids, Pllc — Schedule C compensation
- Watkins Ross — Schedule C compensation