Plan5500

Kbs, Inc. Profit Sharing Plan And Trust — Form 5500 plan (Kbs, 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, Inc. Profit Sharing Plan And Trust is a benefit plan reported by Kbs, Inc. under EIN 54-1008617 and plan number 001. The latest loaded filing year is 2023. The filing reports 167 participants and $31,143,543 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Kbs, Inc.
EIN
54-1008617
Plan number
001
Plan type
2
Location
Richmond, VA
Latest filing year
2023
Participants
167
End-of-year plan assets
$31,143,543

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023167H, C20250609124451NAL0024370880001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$31,143,543
Total liabilities (EOY)
$0
Net assets (EOY)
$31,143,543
Net assets (BOY)
$23,702,791

Income & contributions

Employer contributions
$457,387
Participant contributions
$897,344
Total contributions
$1,365,664
Total income / additions
$8,779,426

Expenses & distributions

Benefits paid
$1,224,522
Administrative expenses
$114,152
Total expenses
$1,338,674
Net increase / (decrease)
$7,440,752

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Truist Advisory Services IncADVISOR$65,429not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$26,520$02023
KeiterACCOUNTANT/AUDITOR$19,200not reported in the loaded dataset2023

Related Form 5500 pages