Klearnow Corp 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Klearnow Corporation)
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, Klearnow Corp 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Klearnow Corporation under EIN 82-4866723 and plan number 001. The latest loaded filing year is 2023. The filing reports 148 participants and $2,804,142 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Klearnow Corporation
- EIN
- 82-4866723
- Plan number
- 001
- Plan type
- 2
- Location
- Santa Clara, CA
- Latest filing year
- 2023
- Participants
- 148
- End-of-year plan assets
- $2,804,142
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 148 | H, C | 20260105150949NAL0002147811001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,804,142
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,804,142
- Net assets (BOY)
- $2,095,886
Income & contributions
- Participant contributions
- $347,781
- Total contributions
- $611,187
- Total income / additions
- $858,622
Expenses & distributions
- Benefits paid
- $92,381
- Administrative expenses
- $31,338
- Total expenses
- $150,366
- Net increase / (decrease)
- $708,256
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| 401k Generation Inc. | ADVISOR | $12,892 | not reported in the loaded dataset | 2023 |
| 401k Generation | CONTRACT ADMINISTRATOR | $8,551 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $8,281 | not reported in the loaded dataset | 2023 |