Koops, Inc. Employee Stock Ownership Plan — Form 5500 plan (Koops, 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, Koops, Inc. Employee Stock Ownership Plan is a benefit plan reported by Koops, Inc. under EIN 38-3266325 and plan number 002. The latest loaded filing year is 2023. The filing reports 272 participants and $45,346,488 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Koops, Inc.
EIN
38-3266325
Plan number
002
Plan type
2
Location
Holland, MI
Latest filing year
2023
Participants
272
End-of-year plan assets
$45,346,488

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023272H, C20240925141717NAL0029327362001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$45,346,488
Total liabilities (EOY)
$1,765,226
Net assets (EOY)
$43,581,262
Net assets (BOY)
$32,108,298

Income & contributions

Employer contributions
$417,559
Total contributions
$417,559
Total income / additions
$12,379,030

Expenses & distributions

Benefits paid
$775,531
Administrative expenses
$14,847
Total expenses
$906,066
Net increase / (decrease)
$11,472,964

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
CeteraNONE$14,847not reported in the loaded dataset2023

Related Form 5500 pages