401k Plan data: K.L.A. LABORATORIES, INC. 401(K) PLAN plan

K.L.A. LABORATORIES, INC. 401(K) PLAN 401k Plan overview

Plan Name	K.L.A. LABORATORIES, INC. 401(K) PLAN
Plan identification number	001

K.L.A. LABORATORIES, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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.L.A. LABORATORIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: K.L.A. LABORATORIES, INC.

Employer identification number (EIN): 380702321

NAIC Classification: 541990
NAIC Description: All Other Professional, Scientific, and Technical Services

Additional information about K.L.A. LABORATORIES, INC.

Jurisdiction of Incorporation: Michigan Secretary of State

Incorporation Date: 0000-00-00

Company Identification Number: 103467

Legal Registered Office Address: 6800 CHASE RD. DEARBORN

United States of America (USA)
48126

More information about K.L.A. LABORATORIES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan K.L.A. LABORATORIES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 SAMUEL MITCHELL 2023-04-17
001 2021-01-01 SAMUEL MITCHELL 2022-05-10
001 2020-01-01 SAMUEL MITCHELL 2021-09-15
001 2019-01-01 THOMAS CATALDO 2020-10-12
001 2018-01-01 THOMAS CATALDO 2019-10-09
001 2017-01-01 THOMAS CATALDO
001 2016-01-01 THOMAS CATALDO
001 2016-01-01 THOMAS CATALDO

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	SAMUEL MITCHELL	2023-04-17
001	2021-01-01	SAMUEL MITCHELL	2022-05-10
001	2020-01-01	SAMUEL MITCHELL	2021-09-15
001	2019-01-01	THOMAS CATALDO	2020-10-12
001	2018-01-01	THOMAS CATALDO	2019-10-09
001	2017-01-01	THOMAS CATALDO
001	2016-01-01	THOMAS CATALDO
001	2016-01-01	THOMAS CATALDO

Plan Statistics for K.L.A. LABORATORIES, INC. 401(K) PLAN

401k plan membership statisitcs for K.L.A. LABORATORIES, INC. 401(K) PLAN

Measure Date Value
2017: K.L.A. LABORATORIES, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 66
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 104
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 6
Total of all active and inactive participants 2017-01-01 110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 110
Number of participants with account balances 2017-01-01 59
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 6
2016: K.L.A. LABORATORIES, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 73
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 66
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 66
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 66
Number of participants with account balances 2016-01-01 55
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0

Measure	Date	Value
2017: K.L.A. LABORATORIES, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	66
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	104
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	6
Total of all active and inactive participants	2017-01-01	110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	110
Number of participants with account balances	2017-01-01	59
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	6
2016: K.L.A. LABORATORIES, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	73
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	66
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	66
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	66
Number of participants with account balances	2016-01-01	55
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0

Financial Data on K.L.A. LABORATORIES, INC. 401(K) PLAN

Measure	Date	Value
2017 : K.L.A. LABORATORIES, INC. 401(K) PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$613,149
Expenses. Total of all expenses incurred	2017-12-31	$28,194
Benefits paid (including direct rollovers)	2017-12-31	$18,166
Total plan assets at end of year	2017-12-31	$1,272,946
Total plan assets at beginning of year	2017-12-31	$687,991
Total contributions received or receivable from participants	2017-12-31	$297,042
Contributions received from other sources (not participants or employers)	2017-12-31	$7,852
Other income received	2017-12-31	$156,540
Net income (gross income less expenses)	2017-12-31	$584,955
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$1,272,946
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$687,991
Assets. Value of participant loans	2017-12-31	$7,653
Total contributions received or receivable from employer(s)	2017-12-31	$151,715
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$10,028
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : K.L.A. LABORATORIES, INC. 401(K) PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$705,128
Expenses. Total of all expenses incurred	2016-12-31	$16,308
Benefits paid (including direct rollovers)	2016-12-31	$9,980
Total plan assets at end of year	2016-12-31	$688,820
Total plan assets at beginning of year	2016-12-31	$0
Total contributions received or receivable from participants	2016-12-31	$266,046
Contributions received from other sources (not participants or employers)	2016-12-31	$241,350
Other income received	2016-12-31	$52,329
Net income (gross income less expenses)	2016-12-31	$688,820
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$688,820
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$0
Assets. Value of participant loans	2016-12-31	$5,000
Total contributions received or receivable from employer(s)	2016-12-31	$145,403
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$6,328
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0

Form 5500 Responses for K.L.A. LABORATORIES, INC. 401(K) PLAN

2017: K.L.A. LABORATORIES, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: K.L.A. LABORATORIES, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	First time form 5500 has been submitted	Yes
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )

Policy contract number

29893

Policy instance

Insurance contract or identification number	29893
Number of Individuals Covered	59
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $2,216
Total amount of fees paid to insurance company	USD $534
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,216
Insurance broker organization code?	7
Amount paid for insurance broker fees	534
Additional information about fees paid to insurance broker	TPA SERVICES
Insurance broker name	PPG RETIREMENT PLAN SERVICES

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	K.L.A. LABORATORIES, INC.
Employer identification number (EIN):	380702321
NAIC Classification:	541990
NAIC Description:	All Other Professional, Scientific, and Technical Services

Jurisdiction of Incorporation:	Michigan Secretary of State
Incorporation Date:	0000-00-00
Company Identification Number:	103467
Legal Registered Office Address:	6800 CHASE RD. DEARBORN United States of America (USA) 48126