Kalsec Union 401(K) / Retirement Plan — Form 5500 plan (Kalsec, 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, Kalsec Union 401(K) / Retirement Plan is a benefit plan reported by Kalsec, Inc. under EIN 38-2089140 and plan number 016. The latest loaded filing year is 2023. The filing reports 124 participants and $25,805,807 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$25.8MPlan net assets, end of year$25,805,807
Participants124Covered participants reported
Assets / participant$208.1KComputed: assets ÷ participants$208,111 (computed)
Provider compensation$13.9K2 Schedule C provider row(s)$13,894
- Plan sponsor
- Kalsec, Inc.
- EIN
- 38-2089140
- Plan number
- 016
- Plan type
- 2
- Location
- Kalamazoo, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 124 | H, C | 20250708160634NAL0007196208001 |
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)$25.8M total assets
Net assets$25.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $25,805,807
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,805,807
- Net assets (BOY)
- $21,239,506
Income & contributions
- Employer contributions
- $504,132
- Participant contributions
- $896,984
- Total contributions
- $1,773,966
- Total income / additions
- $7,322,901
Expenses & distributions
- Benefits paid
- $2,742,706
- Administrative expenses
- $13,894
- Total expenses
- $2,756,600
- Net increase / (decrease)
- $4,566,301
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.
36%64%
Employer 36%Participant 64%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income37%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $10,713 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $3,181 | $0 | 2023 |