Kbs Builders, Inc 401(K) Plan — Form 5500 plan (Kbs Builders, 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, Kbs Builders, Inc 401(K) Plan is a benefit plan reported by Kbs Builders, Inc under EIN 46-5213161 and plan number 002. The latest loaded filing year is 2023. The filing reports 184 participants and $1,113,186 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$1.1MPlan net assets, end of year$1,113,186
Participants184Covered participants reported
Assets / participant$6KComputed: assets ÷ participants$6,050 (computed)
Provider compensation$1.7K1 Schedule C provider row(s)$1,722
- Plan sponsor
- Kbs Builders, Inc
- EIN
- 46-5213161
- Plan number
- 002
- Plan type
- 2
- Location
- South Paris, ME
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 184 | H, C | 20241015173331NAL0050701840001 |
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)$1.1M total assets
Net assets$1.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $1,113,186
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,113,186
- Net assets (BOY)
- $796,916
Income & contributions
- Employer contributions
- $33,381
- Participant contributions
- $181,852
- Total contributions
- $215,233
- Total income / additions
- $368,079
Expenses & distributions
- Benefits paid
- $50,087
- Administrative expenses
- $1,722
- Total expenses
- $51,809
- Net increase / (decrease)
- $316,270
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.
16%84%
Employer 16%Participant 84%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income14%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $1,722 | $0 | 2023 |