Ability Kc 403(B) Dc Plan — Form 5500 plan (Ability Kc)

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, Ability Kc 403(B) Dc Plan is a benefit plan reported by Ability Kc under EIN 44-0552045 and plan number 001. The latest loaded filing year is 2023. The filing reports 259 participants and $7,800,856 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.8MPlan net assets, end of year$7,800,856
Participants259Covered participants reported
Assets / participant$30.1KComputed: assets ÷ participants$30,119 (computed)
Provider compensation$38.6K3 Schedule C provider row(s)$38,606
Plan sponsor
Ability Kc
EIN
44-0552045
Plan number
001
Plan type
2
Location
Kansas City, MO
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    259 participants · 2Sch HSch C
    View filing →
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)$7.8M total assets
Net assets$7.8MLiabilities$0
Money in vs. money out
Total income / additions$1.7M
Total expenses$1.1M
Benefits paid / distributions$1.1M
Contributions
Employer$125.9K
Participant$568.7K
Full reported line items

Net assets

Total assets (EOY)
$7,800,856
Total liabilities (EOY)
$0
Net assets (EOY)
$7,800,856
Net assets (BOY)
$7,161,216

Income & contributions

Employer contributions
$125,873
Participant contributions
$568,749
Total contributions
$762,300
Total income / additions
$1,732,795

Expenses & distributions

Benefits paid
$1,054,549
Administrative expenses
$38,606
Total expenses
$1,093,155
Net increase / (decrease)
$639,640
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.

Contribution share (employer vs. participant)
Employer 18%Participant 82%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income61%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    RECORDKEEPER · Direct $22.7K
  2. 2
    SERVICE PROVIDER · Direct $9.9K · Indirect $0
  3. 3
    ADVISORY · Direct $6K

Related Form 5500 pages