Koam Engineering Systems, Inc. Retirement Savings Plan — Form 5500 plan (Koam Engineering Systems, 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, Koam Engineering Systems, Inc. Retirement Savings Plan is a benefit plan reported by Koam Engineering Systems, Inc. under EIN 33-0771394 and plan number 001. The latest loaded filing year is 2023. The filing reports 423 participants and $19,630,671 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Koam Engineering Systems, Inc.
EIN
33-0771394
Plan number
001
Plan type
2
Location
San Diego, CA
Latest filing year
2023
Participants
423
End-of-year plan assets
$19,630,671

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023423H, C20241014143950NAL0044911504001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$19,630,671
Total liabilities (EOY)
$0
Net assets (EOY)
$19,630,671
Net assets (BOY)
$17,059,580

Income & contributions

Employer contributions
$589,923
Participant contributions
$1,103,083
Total contributions
$1,755,974
Total income / additions
$4,897,320

Expenses & distributions

Benefits paid
$2,307,450
Administrative expenses
$18,779
Total expenses
$2,326,229
Net increase / (decrease)
$2,571,091

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
NationwideRECORD KEEPER$8,476,223not reported in the loaded dataset2023
Independent Financial GroupINVESTMENT ADVISOR$0$36,3802023
National Benefit Services LLCTHIRD PARTY ADMINISTRATOR$30,833not reported in the loaded dataset2023

Related Form 5500 pages