The Kadant Inc. 401(K) Retirement Savings Plan — Form 5500 plan (Kadant 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, The Kadant Inc. 401(K) Retirement Savings Plan is a benefit plan reported by Kadant Inc. under EIN 52-1762325 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,355 participants and $177,472,738 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kadant Inc.
- EIN
- 52-1762325
- Plan number
- 001
- Plan type
- 2
- Location
- Westford, MA
- Latest filing year
- 2023
- Participants
- 1,355
- End-of-year plan assets
- $177,472,738
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,355 | H, C | 20241001170011NAL0007147137001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $177,472,738
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $177,472,738
- Net assets (BOY)
- $153,172,755
Income & contributions
- Employer contributions
- $4,652,954
- Participant contributions
- $7,918,208
- Total contributions
- $13,752,123
- Total income / additions
- $43,416,946
Expenses & distributions
- Benefits paid
- $18,990,719
- Administrative expenses
- $122,524
- Total expenses
- $19,116,963
- Net increase / (decrease)
- $24,299,983
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $43,455 | not reported in the loaded dataset | 2023 |
| Agilis Partners LLC | CONSULTANT | $35,000 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $27,999 | $0 | 2023 |
| Cliftonlarsonallen Llp | ACCOUNTANT/AUDITOR | $16,070 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Kadant Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Westford, MA
- Strategic Advisors, Inc. — Schedule C compensation
- Agilis Partners LLC — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation
- Cliftonlarsonallen Llp — Schedule C compensation