Other
2022 plan-year Other DOL Form 5500

KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

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

KWEST HOLDINGS, INC.

This Other plan holds $158K in total assets and serves 213 participants as of 2022. It is sponsored by KWEST HOLDINGS, INC. in Ohio. The plan reported positive net income of $2M for the year.

Total Assets (2023)
$158K
Participants
213
State
Industry
Construction

What the Filing Says About KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN is a Other retirement plan sponsored by KWEST HOLDINGS, INC., headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports $158K in total end-of-year assets and covers 213 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 843974050, and the plan has been effective since 2019-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $193K at the beginning of 2022 to $158K at year-end — a decline of 18.1%. Net assets (after liabilities) closed the year at $-80,745,109, with reported net income of $2M 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)$193K
Total Assets (End of Year)$158K
Net Assets (End of Year)$-80,745,109
Net Income$2M
Plan TypeOther
Employer EIN843974050
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (KWEST HOLDINGS, INC.)

Year Plans Participants Total Assets
2022 1 213 $158K
2023 1 294 $5M
2024 1 294 $8M

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Frequently Asked Questions

How much money is in the KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
As of the 2022 Form 5500 filing, KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN holds $158K in total assets with 213 participants. It is sponsored by KWEST HOLDINGS, INC..
What type of plan is KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN is a Other plan. It has been effective since 2019-01-01. The plan is filed with the U.S. Department of Labor under EIN 843974050.
Who sponsors the KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN is sponsored by KWEST HOLDINGS, INC., located in Ohio. The sponsor's EIN is 843974050 and the plan operates in the Construction industry.
How did KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN perform in 2022?
KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN declined by 18.1% during 2022, moving from $193K to $158K in total assets. Net income was $2M.
Where can I find official filings for KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
Official Form 5500 filings for KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 843974050 or plan name at efast.dol.gov.
How does KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN compare to other plans?
You can compare KWEST HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN against other Other plans on the plan type page, or view plans in Ohio 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 843974050.

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.