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 & M Tire, Inc. 401(K) Plan is a benefit plan reported by K & M Tire, Inc. under EIN 34-1212834 and plan number 001. The latest loaded filing year is 2023. The filing reports 662 participants and $14,317,441 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,317,441
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,317,441
- Net assets (BOY)
- $11,455,961
Income & contributions
- Employer contributions
- $451,007
- Participant contributions
- $1,234,942
- Total contributions
- $1,998,628
- Total income / additions
- $4,106,491
Expenses & distributions
- Benefits paid
- $1,132,995
- Administrative expenses
- $68,880
- Total expenses
- $1,245,011
- Net increase / (decrease)
- $2,861,480