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K & B TRADING RETIREMENT PLAN 401k Plan overview

Plan NameK & B TRADING RETIREMENT PLAN
Plan identification number 001

K & B TRADING RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

K & B TRADING has sponsored the creation of one or more 401k plans.

Company Name:K & B TRADING
Employer identification number (EIN):134161148
NAIC Classification:423990
NAIC Description:Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan K & B TRADING RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CHULSOO KIM2024-05-07
0012022-01-01CHULSOO KIM2023-04-24
0012021-01-01CHULSOO KIM2022-02-25
0012020-01-01CHUL SOO KIM2021-05-03
0012018-01-01CHUL SOO KIM2019-06-19
0012017-01-01CHUL SOO KIM2018-07-17
0012016-01-01CHUL SOO KIM2017-06-26
0012015-01-01CHUL SOO KIM2016-05-24
0012014-01-01CHUL SOO KIM2015-06-10
0012013-01-01CHUL SOO KIM2014-04-30
0012012-01-01CHUL SOO KIM2013-04-25

Plan Statistics for K & B TRADING RETIREMENT PLAN

401k plan membership statisitcs for K & B TRADING RETIREMENT PLAN

Measure Date Value
2025: K & B TRADING RETIREMENT PLAN 2025 401k membership
Total number of particpants at beginning of year2025-04-0111
Total number of particpants at end of year2025-04-0111
Number of Participants With Account Balances2025-04-0111
2024: K & B TRADING RETIREMENT PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-0710
Total number of particpants at end of year2024-05-0711
Number of Participants With Account Balances2024-05-0711

Financial Data on K & B TRADING RETIREMENT PLAN

Measure Date Value
2025 : K & B TRADING RETIREMENT PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-010
Total liabilities as of the end of the plan year2025-04-010
Total liabilities as of the beginning of the plan year2025-04-010
Total expenses incurred by plan in this plan year2025-04-010
Net assets as of the end of the plan year2025-04-012428675
Total assets as of the beginning of the plan year2025-04-012046668
Value of plan covered by a fidelity bond2025-04-0180000
Participant contributions to plan in this plan year2025-04-010
Other expenses paid from plan in this plan year2025-04-010
Other contributions to plan in this plan year2025-04-010
Other income to plan in this plan year2025-04-01215345
Plan net income in this plan year2025-04-01382007
Net assets as of the end of the plan year2025-04-012428675
Net assets as of the beginning of the plan year2025-04-012046668
Employer contributions to plan in this plan year2025-04-01166662
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-010
2024 : K & B TRADING RETIREMENT PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-070
Total expenses incurred by plan in this plan year2024-05-070
Net assets as of the end of the plan year2024-05-072046668
Total assets as of the beginning of the plan year2024-05-071632439
Value of plan covered by a fidelity bond2024-05-0780000
Participant contributions to plan in this plan year2024-05-070
Other contributions to plan in this plan year2024-05-070
Other income to plan in this plan year2024-05-07241779
Plan net income in this plan year2024-05-07414229
Net assets as of the end of the plan year2024-05-072046668
Net assets as of the beginning of the plan year2024-05-071632439
Employer contributions to plan in this plan year2024-05-07172450
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-070

Potentially related plans

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