401(k)
2022 plan-year 401(k) DOL Form 5500

KURITA AMERICA INC. RETIREMENT SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

KURITA AMERICA INC.

This 401(k) plan holds $74M in total assets and serves 572 participants as of 2022. It is sponsored by KURITA AMERICA INC. in Minnesota. The plan reported a net loss of $12M for the year.

Total Assets (2023)
$74M
Participants
572
State
Industry
Manufacturing

What the Filing Says About KURITA AMERICA INC. RETIREMENT SAVINGS PLAN

KURITA AMERICA INC. RETIREMENT SAVINGS PLAN is a 401(k) retirement plan sponsored by KURITA AMERICA INC., headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $74M in total end-of-year assets and covers 572 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 411255017, and the plan has been effective since 2019-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $86M at the beginning of 2022 to $74M at year-end — a decline of 14.2%. Net assets (after liabilities) closed the year at $74M, with reported net income of $-12,281,796 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$86M
Total Assets (End of Year)$74M
Net Assets (End of Year)$74M
Net Income$-12,281,796
Plan Type401(k)
Employer EIN411255017
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (KURITA AMERICA INC.)

Year Plans Participants Total Assets
2022 1 572 $74M
2023 1 541 $82M
2024 1 505 $91M

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Frequently Asked Questions

How much money is in the KURITA AMERICA INC. RETIREMENT SAVINGS PLAN?
As of the 2022 Form 5500 filing, KURITA AMERICA INC. RETIREMENT SAVINGS PLAN holds $74M in total assets with 572 participants. It is sponsored by KURITA AMERICA INC..
What type of plan is KURITA AMERICA INC. RETIREMENT SAVINGS PLAN?
KURITA AMERICA INC. RETIREMENT SAVINGS PLAN is a 401(k) plan. It has been effective since 2019-01-01. The plan is filed with the U.S. Department of Labor under EIN 411255017.
Who sponsors the KURITA AMERICA INC. RETIREMENT SAVINGS PLAN?
KURITA AMERICA INC. RETIREMENT SAVINGS PLAN is sponsored by KURITA AMERICA INC., located in Minnesota. The sponsor's EIN is 411255017 and the plan operates in the Manufacturing industry.
How did KURITA AMERICA INC. RETIREMENT SAVINGS PLAN perform in 2022?
KURITA AMERICA INC. RETIREMENT SAVINGS PLAN declined by 14.2% during 2022, moving from $86M to $74M in total assets. Net income was $-12,281,796.
Where can I find official filings for KURITA AMERICA INC. RETIREMENT SAVINGS PLAN?
Official Form 5500 filings for KURITA AMERICA INC. RETIREMENT SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 411255017 or plan name at efast.dol.gov.
How does KURITA AMERICA INC. RETIREMENT SAVINGS PLAN compare to other plans?
You can compare KURITA AMERICA INC. RETIREMENT SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 411255017.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.