Karma Life LLC 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Karma Life LLC)
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, Karma Life LLC 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Karma Life LLC under EIN 47-4361673 and plan number 001. The latest loaded filing year is 2023. The filing reports 2 participants and $1,033 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Karma Life LLC
- EIN
- 47-4361673
- Plan number
- 001
- Plan type
- 2
- Location
- Mystic, CT
- Latest filing year
- 2023
- Participants
- 2
- End-of-year plan assets
- $1,033
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2 | I | 20240530104204NAL0021475904001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $1,033
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,033
- Net assets (BOY)
- $989
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $0
- Total income / additions
- $50
Expenses & distributions
- Benefits paid
- $0
- Administrative expenses
- $6
- Total expenses
- $6
- Net increase / (decrease)
- $44
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.