Kerr Pumps 401(K) Retirement Plan — Form 5500 plan (Kerr Machine Co Dba Kerr Pumps)
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, Kerr Pumps 401(K) Retirement Plan is a benefit plan reported by Kerr Machine Co Dba Kerr Pumps under EIN 73-0748930 and plan number 001. The latest loaded filing year is 2023. The filing reports 419 participants and $6,663,389 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kerr Machine Co Dba Kerr Pumps
- EIN
- 73-0748930
- Plan number
- 001
- Plan type
- 2
- Location
- Sulphur, OK
- Latest filing year
- 2023
- Participants
- 419
- End-of-year plan assets
- $6,663,389
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 419 | H, C | 20241015163921NAL0030370641001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,663,389
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,663,389
- Net assets (BOY)
- $5,158,806
Income & contributions
- Employer contributions
- $398,136
- Participant contributions
- $632,551
- Total contributions
- $1,065,769
- Total income / additions
- $1,901,838
Expenses & distributions
- Benefits paid
- $360,885
- Administrative expenses
- $36,370
- Total expenses
- $397,255
- Net increase / (decrease)
- $1,504,583
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,370 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |