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, Korbyt 401(K) Plan is a benefit plan reported by Rmg Enterprise Solutions, Inc. under EIN 74-2132122 and plan number 001. The latest loaded filing year is 2023. The filing reports 131 participants and $9,105,806 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,105,806
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,105,806
- Net assets (BOY)
- $7,882,369
Income & contributions
- Participant contributions
- $598,108
- Total contributions
- $699,132
- Total income / additions
- $1,949,262
Expenses & distributions
- Benefits paid
- $677,600
- Administrative expenses
- $48,225
- Total expenses
- $725,825
- Net increase / (decrease)
- $1,223,437