Money Purchase
2023 plan-year Money Purchase DOL Form 5500

KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM

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

KAI MING, INC

This Money Purchase plan holds $3M in total assets and serves 128 participants as of 2023. It is sponsored by KAI MING, INC in California. The plan reported positive net income of $219K for the year.

Total Assets (2023)
$3M
Participants
128
State
Industry
Educational Services

What the Filing Says About KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM

KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM is a Money Purchase retirement plan sponsored by KAI MING, INC, headquartered in California. As of the 2023 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 128 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 510137847, and the plan has been effective since 1994-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2023 to $3M at year-end — a gain of 7.7%. Net assets (after liabilities) closed the year at $3M, with reported net income of $219K 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)$3M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$219K
Plan TypeMoney Purchase
Employer EIN510137847
Plan Effective Date1994-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (KAI MING, INC)

Year Plans Participants Total Assets
2022 1 131 $13M
2023 11 756 $59M
2024 1 162 $22M

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Frequently Asked Questions

How much money is in the KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM?
As of the 2023 Form 5500 filing, KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM holds $3M in total assets with 128 participants. It is sponsored by KAI MING, INC.
What type of plan is KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM?
KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM is a Money Purchase plan. It has been effective since 1994-05-01. The plan is filed with the U.S. Department of Labor under EIN 510137847.
Who sponsors the KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM?
KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM is sponsored by KAI MING, INC, located in California. The sponsor's EIN is 510137847 and the plan operates in the Educational Services industry.
How did KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM perform in 2023?
KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM grew by 7.7% during 2023, moving from $3M to $3M in total assets. Net income was $219K.
Where can I find official filings for KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM?
Official Form 5500 filings for KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 510137847 or plan name at efast.dol.gov.
How does KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM compare to other plans?
You can compare KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREM against other Money Purchase plans on the plan type page, or view plans in California 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 510137847.

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.