401(k) · DOL Form 5500 · 2024

Kagmo Electric Motor Company, Inc. 401(k) Plan

Data updated 2026-05-15

$1M
Total assets
10
Participants
26th
Percentile by assets
$140,123
Avg per participant

Sponsored by Kagmo Electric Motor Company, Inc. · Missouri · Wholesale Trade

What the 2024 filing shows

Kagmo Electric Motor Company, Inc. 401(k) Plan holds $1M for 10 participants - about $140,123 per participant, in the lower half of filed plans by assets, up 14.1% over the 2024 plan year.

$1M
total plan assets (2024 EOY)
10
covered participants
26th
percentile by assets (of 116,472 plans)
$140,123
avg assets per participant
State
Industry
Wholesale Trade

401(k) · DOL Form 5500 · 2024

What the Filing Says About Kagmo Electric Motor Company, Inc. 401(k) Plan

Kagmo Electric Motor Company, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Kagmo Electric Motor Company, Inc., headquartered in Missouri. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 10 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 431068010, and the plan has been effective since 2008-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $1M at the beginning of 2024 to $1M at year-end - up 14.1%. Net assets (after liabilities) closed the year at $1M, with reported net income of $173K 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.

Across the 3 plan years Kagmo Electric Motor Company, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $866K to $1M, a gain of 61.8%, while reported participants moved from 10 to 10 (+0.0%). The strongest year on file by total sponsor assets was 2024 at $1M; the softest was 2022 at $866K. Year-by-year, sponsor-wide filings show: 2022 - $866K in assets across 1 plan covering 10 participants; 2023 - $1M in assets across 1 plan covering 9 participants; 2024 - $1M in assets across 1 plan covering 10 participants.

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.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Kagmo Electric Motor Company, Inc. 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$1M
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income$173K
Plan Type401(k)
Employer EIN431068010
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kagmo Electric Motor Company, Inc.)

Year Plans Participants Total Assets
2022 1 10 $866K
2023 1 9 $1M
2024 1 10 $1M

Nearby 401(k) Plans in Missouri

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

Frequently Asked Questions

How much money is in the Kagmo Electric Motor Company, Inc. 401(k) Plan?
As of the 2024 Form 5500 filing, Kagmo Electric Motor Company, Inc. 401(k) Plan holds $1M in total assets with 10 participants. It is sponsored by Kagmo Electric Motor Company, Inc..
What type of plan is Kagmo Electric Motor Company, Inc. 401(k) Plan?
Kagmo Electric Motor Company, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2008-01-01. The plan is filed with the U.S. Department of Labor under EIN 431068010.
Who sponsors the Kagmo Electric Motor Company, Inc. 401(k) Plan?
Kagmo Electric Motor Company, Inc. 401(k) Plan is sponsored by Kagmo Electric Motor Company, Inc., located in Missouri. The sponsor's EIN is 431068010 and the plan operates in the Wholesale Trade industry.
How did Kagmo Electric Motor Company, Inc. 401(k) Plan perform in 2024?
Kagmo Electric Motor Company, Inc. 401(k) Plan grew at a solid clip - up 14.1% during 2024, moving from $1M to $1M in total assets. Net income was $173K.

What this filing means

Ways to act on Kagmo Electric Motor Company, Inc. 401(k) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 431068010.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.