K.L.N. Enterprises, Inc. 401(K) Salary Reduction Plan And Trust — Form 5500 plan (K.L.N. Enterprises, 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, K.L.N. Enterprises, Inc. 401(K) Salary Reduction Plan And Trust is a benefit plan reported by K.L.N. Enterprises, Inc. under EIN 41-1817696 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,041 participants and $52,306,160 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
K.L.N. Enterprises, Inc.
EIN
41-1817696
Plan number
001
Plan type
2
Location
Perham, MN
Latest filing year
2023
Participants
1,041
End-of-year plan assets
$52,306,160

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,041H, C20240819103240NAL0003188722001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$52,306,160
Total liabilities (EOY)
$0
Net assets (EOY)
$52,306,160
Net assets (BOY)
$44,499,251

Income & contributions

Employer contributions
$789,788
Participant contributions
$3,700,736
Total contributions
$5,045,079
Total income / additions
$12,844,785

Expenses & distributions

Benefits paid
$4,835,448
Administrative expenses
$189,823
Total expenses
$5,037,876
Net increase / (decrease)
$7,806,909

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Minnesota Life Insurance CompanyNONE$162,085$02023

Related Form 5500 pages