K-1 Packaging Group 401(K) Profit Sharing Plan — Form 5500 plan (K-1 Packaging Group)

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, K-1 Packaging Group 401(K) Profit Sharing Plan is a benefit plan reported by K-1 Packaging Group under EIN 95-4527735 and plan number 001. The latest loaded filing year is 2023. The filing reports 259 participants and $19,794,595 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$19.8MPlan net assets, end of year$19,794,595
Participants259Covered participants reported
Assets / participant$76.4KComputed: assets ÷ participants$76,427 (computed)
Provider compensation$54.9K2 Schedule C provider row(s)$54,949
Plan sponsor
K-1 Packaging Group
EIN
95-4527735
Plan number
001
Plan type
2
Location
City Of Industry, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023259H, C20240729050641NAL0040212338001
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)$19.8M total assets
Net assets$19.8MLiabilities$0
Money in vs. money out
Total income / additions$4.2M
Total expenses$1.4M
Benefits paid / distributions$1.3M
Contributions
Employer$360.2K
Participant$846.2K
Full reported line items

Net assets

Total assets (EOY)
$19,794,595
Total liabilities (EOY)
$0
Net assets (EOY)
$19,794,595
Net assets (BOY)
$16,989,722

Income & contributions

Employer contributions
$360,159
Participant contributions
$846,205
Total contributions
$1,291,086
Total income / additions
$4,188,990

Expenses & distributions

Benefits paid
$1,328,477
Administrative expenses
$54,950
Total expenses
$1,384,117
Net increase / (decrease)
$2,804,873
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.

Contribution share (employer vs. participant)
Employer 30%Participant 70%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income32%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Morgan Stanley Smith BarneyINVESTMENT/FINANCIAL ADVI$47,783$02023
Adp, Inc.RECORD KEEPER$7,166$02023

Related Form 5500 pages