Kollective Management Services, LLC 401(K) Plan — Form 5500 plan (Kollective Management Services, LLC)
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, Kollective Management Services, LLC 401(K) Plan is a benefit plan reported by Kollective Management Services, LLC under EIN 84-4996040 and plan number 004. The latest loaded filing year is 2023. The filing reports 662 participants and $30,214,692 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kollective Management Services, LLC
- EIN
- 84-4996040
- Plan number
- 004
- Plan type
- 2
- Location
- Edison, NJ
- Latest filing year
- 2023
- Participants
- 662
- End-of-year plan assets
- $30,214,692
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 662 | H, C | 20241014084939NAL0045366304001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $30,214,692
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,214,692
- Net assets (BOY)
- $27,286,732
Income & contributions
- Employer contributions
- $435,767
- Participant contributions
- $3,064,797
- Total contributions
- $4,087,010
- Total income / additions
- $8,166,180
Expenses & distributions
- Benefits paid
- $5,146,513
- Administrative expenses
- $83,919
- Total expenses
- $5,238,220
- Net increase / (decrease)
- $2,927,960
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $125,499 | $0 | 2023 |
| Morgan Stanely Global Ba | INVESTMENT ADVISORY | $33,518 | $33,732 | 2023 |
| The Retirement Advantage | CONTRACT ADMINISTRATOR | $375 | $13,417 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Kollective Management Services, LLC
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Edison, NJ
- Principal Life Insurance Company — Schedule C compensation
- Morgan Stanely Global Ba — Schedule C compensation
- The Retirement Advantage — Schedule C compensation