Plan5500

Kent Companies, Inc. Profit Sharing And 401(K) Savings Plan — Form 5500 plan (Kent Companies, 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, Kent Companies, Inc. Profit Sharing And 401(K) Savings Plan is a benefit plan reported by Kent Companies, Inc. under EIN 38-1913848 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,450 participants and $33,382,277 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Kent Companies, Inc.
EIN
38-1913848
Plan number
002
Plan type
2
Location
Grand Rapids, MI
Latest filing year
2023
Participants
1,450
End-of-year plan assets
$33,382,277

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,450H, C20241206132308NAL0007022833001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$33,382,277
Total liabilities (EOY)
$0
Net assets (EOY)
$33,382,277
Net assets (BOY)
$29,539,897

Income & contributions

Employer contributions
$6,127
Participant contributions
$2,507,743
Total contributions
$2,649,603
Total income / additions
$7,654,857

Expenses & distributions

Benefits paid
$3,671,682
Administrative expenses
$83,232
Total expenses
$3,812,477
Net increase / (decrease)
$3,842,380

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Macatawa BankTRUSTEE/ADVISOR/RK$83,232not reported in the loaded dataset2023

Related Form 5500 pages