| Plan Name | KSB INC. 401(K) PLAN |
| Plan identification number | 002 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
|
| Company Name: | KSB INC. |
| Employer identification number (EIN): | 112332980 |
| NAIC Classification: | 332900 |
Additional information about KSB INC.
| Jurisdiction of Incorporation: | New York Department of State |
| Incorporation Date: | 1974-07-05 |
| Company Identification Number: | 347260 |
| Legal Registered Office Address: |
4415 SARELLEN RD Suffolk HENRICO United States of America (USA) 23231 |
More information about KSB INC.
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 002 | 2023-01-01 | DIANA CORDLE | 2024-04-17 | DIANA CORDLE | 2024-04-17 |
| 002 | 2022-01-01 | DIANA CORDLE | 2023-04-20 | DIANA CORDLE | 2023-04-20 |
| 002 | 2021-01-01 | DIANA CORDLE | 2022-04-19 | DIANA CORDLE | 2022-04-19 |
| 002 | 2020-01-01 | ||||
| 002 | 2019-01-01 |
| Measure | Date | Value |
|---|---|---|
| 2025 : KSB INC. 401(K) PLAN 2025 401k financial data | ||
| Total transfers to/from plan in this plan year | 2025-04-14 | 0 |
| Total liabilities as of the end of the plan year | 2025-04-14 | 0 |
| Total liabilities as of the beginning of the plan year | 2025-04-14 | 0 |
| Total expenses incurred by plan in this plan year | 2025-04-14 | 1619469 |
| Net assets as of the end of the plan year | 2025-04-14 | 25012047 |
| Total assets as of the beginning of the plan year | 2025-04-14 | 20369804 |
| Value of plan covered by a fidelity bond | 2025-04-14 | 500000 |
| Participant contributions to plan in this plan year | 2025-04-14 | 744623 |
| Value of participant loans at end of plan year | 2025-04-14 | 207439 |
| Other expenses paid from plan in this plan year | 2025-04-14 | 0 |
| Other contributions to plan in this plan year | 2025-04-14 | 1088932 |
| Other income to plan in this plan year | 2025-04-14 | 3367521 |
| Plan net income in this plan year | 2025-04-14 | 4642243 |
| Net assets as of the end of the plan year | 2025-04-14 | 25012047 |
| Net assets as of the beginning of the plan year | 2025-04-14 | 20369804 |
| Employer contributions to plan in this plan year | 2025-04-14 | 1060636 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-04-14 | 59819 |
| 2024 : KSB INC. 401(K) PLAN 2024 401k financial data | ||
| Total transfers to/from plan in this plan year | 2024-04-17 | 0 |
| Total liabilities as of the end of the plan year | 2024-04-17 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-04-17 | 0 |
| Total expenses incurred by plan in this plan year | 2024-04-17 | 1082162 |
| Net assets as of the end of the plan year | 2024-04-17 | 20369804 |
| Total assets as of the beginning of the plan year | 2024-04-17 | 16879400 |
| Value of plan covered by a fidelity bond | 2024-04-17 | 500000 |
| Participant contributions to plan in this plan year | 2024-04-17 | 573744 |
| Value of participant loans at end of plan year | 2024-04-17 | 142236 |
| Other expenses paid from plan in this plan year | 2024-04-17 | 0 |
| Other contributions to plan in this plan year | 2024-04-17 | 10172 |
| Other income to plan in this plan year | 2024-04-17 | 3244139 |
| Plan net income in this plan year | 2024-04-17 | 3490404 |
| Net assets as of the end of the plan year | 2024-04-17 | 20369804 |
| Net assets as of the beginning of the plan year | 2024-04-17 | 16879400 |
| Employer contributions to plan in this plan year | 2024-04-17 | 744511 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-04-17 | 47821 |
| 2022 : KSB INC. 401(K) PLAN 2022 401k financial data | ||
| Total transfers to/from plan in this plan year | 2022-04-19 | -2503 |
| Total liabilities as of the end of the plan year | 2022-04-19 | 0 |
| Total liabilities as of the beginning of the plan year | 2022-04-19 | 0 |
| Total expenses incurred by plan in this plan year | 2022-04-19 | 2127776 |
| Net assets as of the end of the plan year | 2022-04-19 | 20071269 |
| Total assets as of the beginning of the plan year | 2022-04-19 | 18017406 |
| Value of plan covered by a fidelity bond | 2022-04-19 | 500000 |
| Participant contributions to plan in this plan year | 2022-04-19 | 469741 |
| Value of participant loans at end of plan year | 2022-04-19 | 101196 |
| Other expenses paid from plan in this plan year | 2022-04-19 | 0 |
| Other contributions to plan in this plan year | 2022-04-19 | 579995 |
| Other income to plan in this plan year | 2022-04-19 | 2507468 |
| Plan net income in this plan year | 2022-04-19 | 2056366 |
| Net assets as of the end of the plan year | 2022-04-19 | 20071269 |
| Net assets as of the beginning of the plan year | 2022-04-19 | 18017406 |
| Employer contributions to plan in this plan year | 2022-04-19 | 626938 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-04-19 | 51504 |
| 2020 : KSB INC. 401(K) PLAN 2020 401k financial data | ||
| Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $3,264,768 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $2,910,586 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $2,866,539 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
| Value of total corrective distributions | 2020-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,115,403 |
| Value of total assets at end of year | 2020-12-31 | $18,017,406 |
| Value of total assets at beginning of year | 2020-12-31 | $17,663,224 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $44,047 |
| Total income from rents | 2020-12-31 | $0 |
| Total interest from all sources | 2020-12-31 | $37,598 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $204,571 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $204,571 |
| Administrative expenses professional fees incurred | 2020-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
| Contributions received from participants | 2020-12-31 | $476,962 |
| Participant contributions at end of year | 2020-12-31 | $121,441 |
| Participant contributions at beginning of year | 2020-12-31 | $67,496 |
| Participant contributions at end of year | 2020-12-31 | $12,216 |
| Participant contributions at beginning of year | 2020-12-31 | $13,723 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $44,998 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
| Other income not declared elsewhere | 2020-12-31 | $279 |
| Administrative expenses (other) incurred | 2020-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $354,182 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $18,017,406 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $17,663,224 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-31 | $0 |
| Investment advisory and management fees | 2020-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $15,359,400 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $15,121,338 |
| Interest on participant loans | 2020-12-31 | $4,148 |
| Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
| Interest earned on other investments | 2020-12-31 | $33,450 |
| Income. Interest from US Government securities | 2020-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $2,099,025 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $2,048,703 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,822,162 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $0 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $84,755 |
| Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $593,443 |
| Employer contributions (assets) at end of year | 2020-12-31 | $425,324 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $411,964 |
| Income. Dividends from preferred stock | 2020-12-31 | $0 |
| Income. Dividends from common stock | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $2,866,539 |
| Contract administrator fees | 2020-12-31 | $44,047 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | HARPER & PEARSON COMPANY, P.C. |
| Accountancy firm EIN | 2020-12-31 | 741695589 |
| 2019 : KSB INC. 401(K) PLAN 2019 401k financial data | ||
| Unrealized appreciation/depreciation of real estate assets | 2019-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total transfer of assets to this plan | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $4,206,478 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $535,281 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $487,407 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $0 |
| Value of total corrective distributions | 2019-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,010,893 |
| Value of total assets at end of year | 2019-12-31 | $17,663,224 |
| Value of total assets at beginning of year | 2019-12-31 | $13,992,027 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $47,874 |
| Total income from rents | 2019-12-31 | $0 |
| Total interest from all sources | 2019-12-31 | $37,338 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $226,879 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $226,879 |
| Administrative expenses professional fees incurred | 2019-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2019-12-31 | $0 |
| Contributions received from participants | 2019-12-31 | $418,567 |
| Participant contributions at end of year | 2019-12-31 | $67,496 |
| Participant contributions at beginning of year | 2019-12-31 | $117,865 |
| Participant contributions at end of year | 2019-12-31 | $13,723 |
| Participant contributions at beginning of year | 2019-12-31 | $12,311 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $34,785 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
| Other income not declared elsewhere | 2019-12-31 | $500 |
| Administrative expenses (other) incurred | 2019-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $3,671,197 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $17,663,224 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $13,992,027 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2019-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2019-12-31 | $0 |
| Investment advisory and management fees | 2019-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $15,121,338 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $11,716,778 |
| Interest on participant loans | 2019-12-31 | $4,767 |
| Income. Interest from loans (other than to participants) | 2019-12-31 | $0 |
| Interest earned on other investments | 2019-12-31 | $32,571 |
| Income. Interest from US Government securities | 2019-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2019-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $2,048,703 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $1,756,423 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $2,930,868 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $0 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2019-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $557,541 |
| Employer contributions (assets) at end of year | 2019-12-31 | $411,964 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $388,650 |
| Income. Dividends from preferred stock | 2019-12-31 | $0 |
| Income. Dividends from common stock | 2019-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $487,407 |
| Contract administrator fees | 2019-12-31 | $47,874 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Aggregate proceeds on sale of assets | 2019-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | HARPER & PEARSON COMPANY, P.C. |
| Accountancy firm EIN | 2019-12-31 | 741695589 |
| 2020: KSB INC. 401(K) PLAN 2020 form 5500 responses | ||
|---|---|---|
| 2020-01-01 | Type of plan entity | Single employer plan |
| 2020-01-01 | This submission is the final filing | No |
| 2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2020-01-01 | Plan is a collectively bargained plan | No |
| 2020-01-01 | Plan funding arrangement – Insurance | Yes |
| 2020-01-01 | Plan funding arrangement – Trust | Yes |
| 2020-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2020-01-01 | Plan benefit arrangement - Trust | Yes |
| 2019: KSB INC. 401(K) PLAN 2019 form 5500 responses | ||
| 2019-01-01 | Type of plan entity | Single employer plan |
| 2019-01-01 | This submission is the final filing | No |
| 2019-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2019-01-01 | Plan is a collectively bargained plan | No |
| 2019-01-01 | Plan funding arrangement – Insurance | Yes |
| 2019-01-01 | Plan funding arrangement – Trust | Yes |
| 2019-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2019-01-01 | Plan benefit arrangement - Trust | Yes |
| PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 ) | |
| Policy contract number | 613953 |
| Policy instance | 1 |
| PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 ) | |
| Policy contract number | 613953 |
| Policy instance | 1 |