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

KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST

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

KSM ELECTRONICS, INC.

This 401(k) plan holds $2M in total assets and serves 112 participants as of 2022. It is sponsored by KSM ELECTRONICS, INC. in Florida. The plan reported a net loss of $2M for the year.

Total Assets (2023)
$2M
Participants
112
State
Industry
Wholesale Trade

What the Filing Says About KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST

KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST is a 401(k) retirement plan sponsored by KSM ELECTRONICS, INC., headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 112 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 591609876, and the plan has been effective since 1990-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2022 to $2M at year-end — a decline of 48.8%. Net assets (after liabilities) closed the year at $2M, with reported net income of $-1,813,720 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.

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)$4M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$-1,813,720
Plan Type401(k)
Employer EIN591609876
Plan Effective Date1990-08-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST?
As of the 2022 Form 5500 filing, KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST holds $2M in total assets with 112 participants. It is sponsored by KSM ELECTRONICS, INC..
What type of plan is KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST?
KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST is a 401(k) plan. It has been effective since 1990-08-01. The plan is filed with the U.S. Department of Labor under EIN 591609876.
Who sponsors the KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST?
KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST is sponsored by KSM ELECTRONICS, INC., located in Florida. The sponsor's EIN is 591609876 and the plan operates in the Wholesale Trade industry.
How did KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST perform in 2022?
KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST declined by 48.8% during 2022, moving from $4M to $2M in total assets. Net income was $-1,813,720.
Where can I find official filings for KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST?
Official Form 5500 filings for KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 591609876 or plan name at efast.dol.gov.
How does KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST compare to other plans?
You can compare KSM ELECTRONICS, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST against other 401(k) plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 591609876.

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.