Kayal Medical Group LLC 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Kayal Medical Group 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, Kayal Medical Group LLC 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Kayal Medical Group LLC under EIN 87-4143819 and plan number 001. The latest loaded filing year is 2023. The filing reports 218 participants and $9,507,606 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kayal Medical Group LLC
- EIN
- 87-4143819
- Plan number
- 001
- Plan type
- 2
- Location
- Franklin Lakes, NJ
- Latest filing year
- 2023
- Participants
- 218
- End-of-year plan assets
- $9,507,606
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 218 | H, C | 20250124112244NAL0012882720001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,507,606
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,507,606
- Net assets (BOY)
- $7,168,685
Income & contributions
- Employer contributions
- $367,926
- Participant contributions
- $718,600
- Total contributions
- $1,167,903
- Total income / additions
- $2,749,759
Expenses & distributions
- Benefits paid
- $368,756
- Administrative expenses
- $42,082
- Total expenses
- $410,838
- Net increase / (decrease)
- $2,338,921
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Levelized Compensation Advisor | INVESTMENT ADVISORY | $26,632 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $15,450 | not reported in the loaded dataset | 2023 |