Kearney Electric, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Kearney Electric, 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, Kearney Electric, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Kearney Electric, Inc. under EIN 86-0339719 and plan number 001. The latest loaded filing year is 2023. The filing reports 191 participants and $8,159,228 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.2MPlan net assets, end of year$8,159,228
Participants191Covered participants reported
Assets / participant$42.7KComputed: assets ÷ participants$42,718 (computed)
Provider compensation$47.5K3 Schedule C provider row(s)$47,458
- Plan sponsor
- Kearney Electric, Inc.
- EIN
- 86-0339719
- Plan number
- 001
- Plan type
- 2
- Location
- Phoenix, AZ
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 191 | H, C | 20250627202904NAL0023384514001 |
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)$8.2M total assets
Net assets$8.2MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $8,159,228
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,159,228
- Net assets (BOY)
- $8,094,373
Income & contributions
- Employer contributions
- $329,934
- Participant contributions
- $299,336
- Total contributions
- $629,270
- Total income / additions
- $2,321,384
Expenses & distributions
- Benefits paid
- $2,209,071
- Administrative expenses
- $47,458
- Total expenses
- $2,256,529
- Net increase / (decrease)
- $64,855
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.
52%48%
Employer 52%Participant 48%
Total expenses ÷ net assets28%Computed ratio
Benefits paid ÷ total income95%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Edward Jones | INVESTMENT ADVISOR | $29,011 | not reported in the loaded dataset | 2023 |
| Evers Robinson Ltd | AUDITOR | $17,500 | not reported in the loaded dataset | 2023 |
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $947 | $0 | 2023 |