401(k) · DOL Form 5500 · 2022

Kwangsung America 401(k) Plan

Data updated 2026-08-25

$614K
Total assets Small plan by assets
165
Participants Small participant base
20th
Percentile by assets National rank
$3,723
Avg per participant Low balance/head
PlainRetire home → About this data

Official DOL plan name: Kwangsung America 401(k) Plan · Sponsored by Kwangsung America · Alabama · Retail Trade

$614K in assets, 165 participants

Kwangsung America's Kwangsung America 401(k) Plan reported $614K in total assets and 165 participants in its 2022 DOL Form 5500 filing, ranking in the 20th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,823 in Retail Trade (9,519 peers)

Coverage in Alabama

Kwangsung America 401(k) Plan covers 165 participants in Alabama, about 46% of the average Alabama filer (state average ~360 per filing). Assets: $614K.

#2,823
in Retail Trade (9,519 peers)
-31.1%
assets change YoY

The plan reported a net loss of $278K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kwangsung America 401(k) Plan among the smaller filed plans by assets

Kwangsung America 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$614,215 20th percentile higher than 20% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Kwangsung America 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kwangsung America 401(k) Plan sits mid-pack in the medium band (165 participants).

Plan-year Form 5500 strip

Filing strip 205352408 · Kwangsung America PY 2022 · 401(k)

Kwangsung America 401(k) Plan · $614K · 165 · 20th

  • PCT $614K
  • PCT 165
  • PCT 20th
  • PCT 401(k)
  • PCT near Conley Holdings, Inc. 401(k) Profit Sharing Plan
  • PCT ind #2823

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in Alabama →

Kwangsung America 401(k) Plan in the asset neighbourhood

Kwangsung America 401(k) Plan$614KConley Holdings, Inc. 401(k) Profit Sharing PlanConley Holdings, Inc. 401(k)…$614KRenwood Mills, LLC 401(k) PlanRenwood Mills, LLC 401(k) Pl…$614KElan Technologies Inc. 401(k) PlanElan Technologies Inc. 401(k…$614KPreferred Companies 401(k) PlanPreferred Companies 401(k) P…$614K
End-of-year total assets ($M) among Kwangsung America 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Alabama filing particulars

Total Assets (Beginning of Year)$892K
Net Assets (End of Year)$614K
Net Income-$278K
Employer EIN205352408
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Alabama

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Kwangsung America 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Kwangsung America 401(k) Plan, Total assets ($B): 0.000614215 · Participants: 165Kwangsung America 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Corporation 401(k) PlanEncompass Health Corporation Retirement Investment Plan, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Corporation Retirement Investment PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Kwangsung America 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Kwangsung America 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Conley Holdings, Inc. 401(k) Profit Sharing Plan in ID ($614K); by covered participants it is Ccg 401(k) Retirement Plan in TN (165 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($614K here).

Similar participant headcount

Nearest other-state filings by covered participants (165 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Kwangsung America 401(k) Plan assets move in 2022?
Kwangsung America 401(k) Plan contracted severely - down 31.1% during 2022, from $892K to $614K. Reported net income was -$278K.
Where does Kwangsung America 401(k) Plan rank by assets among Form 5500 filers?
Kwangsung America 401(k) Plan ranks in the 20th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Kwangsung America 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Conley Holdings, Inc. 401(k) Profit Sharing Plan in ID ($614K, 2 participants).
Which 401(k) plans cover a similar participant headcount to Kwangsung America 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ccg 401(k) Retirement Plan in TN (165 participants, N/A in assets).