K & B Machine Works, LLC 401(K) Profit Sharing Plan — Form 5500 plan (K & B Machine Works, LLC)

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 & B Machine Works, LLC 401(K) Profit Sharing Plan is a benefit plan reported by K & B Machine Works, LLC under EIN 26-2531023 and plan number 001. The latest loaded filing year is 2023. The filing reports 442 participants and $15,601,701 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.6MPlan net assets, end of year$15,601,701
Participants442Covered participants reported
Assets / participant$35.3KComputed: assets ÷ participants$35,298 (computed)
Provider compensation$61.9K3 Schedule C provider row(s)$61,866
Plan sponsor
K & B Machine Works, LLC
EIN
26-2531023
Plan number
001
Plan type
2
Location
Schriever, LA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023442H, C20241010092029NAL0009847539001
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)$15.6M total assets
Net assets$15.6MLiabilities$0
Money in vs. money out
Total income / additions$4.6M
Total expenses$495.7K
Benefits paid / distributions$449.7K
Contributions
Employer$921.3K
Participant$1.5M
Full reported line items

Net assets

Total assets (EOY)
$15,601,701
Total liabilities (EOY)
$0
Net assets (EOY)
$15,601,701
Net assets (BOY)
$11,484,825

Income & contributions

Employer contributions
$921,280
Participant contributions
$1,485,589
Total contributions
$2,706,580
Total income / additions
$4,612,546

Expenses & distributions

Benefits paid
$449,685
Administrative expenses
$38,195
Total expenses
$495,670
Net increase / (decrease)
$4,116,876
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 38%Participant 62%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income10%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Martin And Pellegrin, CpasACCOUNTANT/AUDITOR$26,000not reported in the loaded dataset2023
Lpl Financial LLCADVISOR$0$23,6712023
Fidelity Investments InstitutionalRECORDKEEPER$12,195$02023

Related Form 5500 pages