Ktm Industries Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Ktm Industries 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, Ktm Industries Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Ktm Industries Inc under EIN 38-3358457 and plan number 001. The latest loaded filing year is 2023. The filing reports 302 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants302Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$5.2K1 Schedule C provider row(s)$5,206
Plan sponsor
Ktm Industries Inc
EIN
38-3358457
Plan number
001
Plan type
2
Location
Holt, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023302H, C20240314081146NAL0045099952001
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.

Money in vs. money out
Total income / additions$12.8K
Total expenses$347.1K
Benefits paid / distributions$342.2K
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
$334,265

Income & contributions

Total contributions
$0
Total income / additions
$12,809

Expenses & distributions

Benefits paid
$342,186
Administrative expenses
$4,888
Total expenses
$347,074
Net increase / (decrease)
-$334,265
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.

Benefits paid ÷ total income2671%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Paychex, Inc.RECORDKEEPER$5,206not reported in the loaded dataset2023

Related Form 5500 pages