Defined Benefit (Pension) · DOL Form 5500 · 2024
King Yap, Inc. Pension Plan
Data updated 2026-08-11
- $1M
- Total assets
- 2
- Participants
- 25th
- Percentile by assets
- $624,370
- Avg per participant
Official DOL plan name: King Yap, Inc. Defined Benefit Pension Plan · Sponsored by King Yap, Inc. · New Jersey · Construction
$1M in assets, 2 participants
King Yap, Inc.'s King Yap, Inc. Defined Benefit Pension Plan reported $1M in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 25th 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.
- 25th percentile by assets (of 123,622 plans)
- #2,123 in Construction (9,039 peers)
What the 2024 filing shows
King Yap, Inc. Defined Benefit Pension Plan holds $1M for 2 participants - about $624,370 per participant, in the lower half of filed plans by assets.
- $1M
- total plan assets (2024 EOY)
- 2
- covered participants
- 25th
- percentile by assets (of 123,622 plans)
- $624,370
- avg assets per participant
The plan reported a net loss of $83K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- King Yap, Inc. Defined Benefit Pension Plan reported net income fell from -$884 in the plan year 2023 filing to -$83K in the plan year 2024 filing.
- King Yap, Inc. Defined Benefit Pension Plan end-of-year assets fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
Defined Benefit (Pension) filing for King Yap, Inc. Defined Benefit Pension Plan
Defined Benefit (Pension) filing for plan year 2024: EIN 522370202 ; effective since 2011-01-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.
Filing particulars (2024)
| Total Assets (Beginning of Year) | $1M |
|---|---|
| Net Assets (End of Year) | $1M |
| Net Income | -$83K |
| Employer EIN | 522370202 |
| Plan Effective Date | 2011-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (King Yap, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2 | $1M |
| 2023 | 1 | 2 | $1M |
| 2024 | 1 | 2 | $1M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
King Yap, Inc. Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $21.1B · 37,882
- JPMorgan Chase Retirement Plan $16.1B · 83,812
- Nokia Retirement Income Plan $12.9B · 7,280
- The Prudential Merged Retirement Plan $12.0B · 16,233
- Merck US Pension Plan $10.1B · 26,843
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to King Yap, Inc. Defined Benefit Pension Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on King Yap, Inc. Defined Benefit Pension Plan's numbers.
- By total assets, King Yap, Inc. Defined Benefit Pension Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- King Yap, Inc.'s sponsor-wide assets have declined 6.3% since 2022 across 3 plan years on file. More Construction plans