Money Purchase · DOL Form 5500 · 2023
Kai Ming, Inc Money Purchase Plan
Data updated 2026-08-11
- $9M
- Total assets
- 119
- Participants
- 56th
- Percentile by assets
- $76,155
- Avg per participant
Official DOL plan name: Kai Ming, Inc 403(b) DC Retirement Plan · Sponsored by Kai Ming, Inc · California · Educational Services
$9M in assets, 119 participants
Kai Ming, Inc's Kai Ming, Inc 403(b) DC Retirement Plan reported $9M in total assets and 119 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.
- 56th percentile by assets (of 127,072 plans)
- #1,477 in Educational Services (3,735 peers)
Coverage in California
Kai Ming, Inc 403(b) DC Retirement Plan covers 119 participants in California, about 19% of the average California filer (state average ~630 per filing). Assets: $9M.
- $9M
- total plan assets (2023 EOY)
- 119
- covered participants
- 56th
- percentile by assets (of 127,072 plans)
- $76,155
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Kai Ming, Inc 403(b) DC Retirement Plan end-of-year assets fell from $13M in the plan year 2022 filing to $9M in the plan year 2023 filing.
- Kai Ming, Inc 403(b) DC Retirement Plan reported net income fell from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
- Kai Ming, Inc 403(b) DC Retirement Plan reported participants fell from 131 in the plan year 2022 filing to 119 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Kai Ming, Inc 403(b) DC Retirement Plan reports 119 participants - about 19% of that state average ($9M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $6M |
|---|---|
| Net Assets (End of Year) | $9M |
| Net Income | $3M |
| Employer EIN | 510137847 |
| Plan Effective Date | 1994-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Kai Ming, Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 131 | $13M |
| 2023 | 11 | 756 | $59M |
| 2024 | 1 | 162 | $22M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Kai Ming, Inc 403(b) DC Retirement Plan vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.0B · 18,060
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.1B · 36,330
- University of Southern California Defined Contribution Retirement Plan $4.4B · 20,136
- Carpenters Annuity Trust Fund for Northern California $3.3B · 25,961
- Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan $2.2B · 23,168
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Kai Ming, Inc 403(b) DC Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Kai Ming, Inc 403(b) DC Retirement Plan assets move in 2023? ▼
How have Kai Ming, Inc plan assets changed over time? ▼
Which Money Purchase plans are similar in size to Kai Ming, Inc 403(b) DC Retirement Plan? ▼
Next read for Kai Ming, Inc 403(b) DC Retirement Plan
Filing takeaways
Ways to act on Kai Ming, Inc 403(b) DC Retirement Plan's numbers.
- By total assets, Kai Ming, Inc 403(b) DC Retirement Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- Kai Ming, Inc's sponsor-wide assets have grown 68.4% since 2022 across 3 plan years on file. More Educational Services plans