Korber Technologies, Inc. Savings Incentive Plan — Form 5500 plan (Korber Technologies, 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, Korber Technologies, Inc. Savings Incentive Plan is a benefit plan reported by Korber Technologies, Inc under EIN 54-1733108 and plan number 002. The latest loaded filing year is 2023. The filing reports 191 participants and $23,246,879 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$23.2MPlan net assets, end of year$23,246,879
Participants191Covered participants reported
Assets / participant$121.7KComputed: assets ÷ participants$121,711 (computed)
Provider compensation$64.6K3 Schedule C provider row(s)$64,599
- Plan sponsor
- Korber Technologies, Inc
- EIN
- 54-1733108
- Plan number
- 002
- Plan type
- 2
- Location
- Richmond, VA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 191 | H, C | 20241011152323NAL0039283456001 |
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)$23.2M total assets
Net assets$23.2MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $23,246,879
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,246,879
- Net assets (BOY)
- $19,956,045
Income & contributions
- Employer contributions
- $467,082
- Participant contributions
- $896,898
- Total contributions
- $1,368,684
- Total income / additions
- $4,324,257
Expenses & distributions
- Benefits paid
- $949,805
- Administrative expenses
- $63,375
- Total expenses
- $1,033,423
- Net increase / (decrease)
- $3,290,834
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.
34%66%
Employer 34%Participant 66%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income22%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capfinancial Partners LLC Dba Captr | INVESTMENT ADVISOR | $41,699 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $15,390 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $7,510 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Korber Technologies, Inc
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Richmond, VA
- Capfinancial Partners LLC Dba Captr — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation