KBS, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan K B S, INC. GROUP MEDICAL PLAN
401k plan membership statisitcs for K B S, INC. GROUP MEDICAL PLAN
| Measure | Date | Value |
|---|
| 2022: K B S, INC. GROUP MEDICAL PLAN 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-04-01 | 40 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-04-01 | 40 |
| Number of retired or separated participants receiving benefits | 2022-04-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2022-04-01 | 0 |
| Total of all active and inactive participants | 2022-04-01 | 40 |
| 2021: K B S, INC. GROUP MEDICAL PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-04-01 | 45 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-04-01 | 40 |
| Number of retired or separated participants receiving benefits | 2021-04-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2021-04-01 | 0 |
| Total of all active and inactive participants | 2021-04-01 | 40 |
| 2019: K B S, INC. GROUP MEDICAL PLAN 2019 401k membership |
|---|
| Total participants, beginning-of-year | 2019-12-01 | 42 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-12-01 | 43 |
| Number of retired or separated participants receiving benefits | 2019-12-01 | 1 |
| Number of other retired or separated participants entitled to future benefits | 2019-12-01 | 0 |
| Total of all active and inactive participants | 2019-12-01 | 44 |
| Measure | Date | Value |
|---|
| 2023 : K B S, INC. GROUP MEDICAL PLAN 2023 401k financial data |
|---|
| Total plan liabilities at end of year | 2023-03-31 | $86,297 |
| Total plan liabilities at beginning of year | 2023-03-31 | $32,778 |
| Total income from all sources | 2023-03-31 | $914,440 |
| Expenses. Total of all expenses incurred | 2023-03-31 | $877,562 |
| Benefits paid (including direct rollovers) | 2023-03-31 | $674,079 |
| Total plan assets at end of year | 2023-03-31 | $167,650 |
| Total plan assets at beginning of year | 2023-03-31 | $77,253 |
| Value of fidelity bond covering the plan | 2023-03-31 | $500,000 |
| Total contributions received or receivable from participants | 2023-03-31 | $143,559 |
| Expenses. Other expenses not covered elsewhere | 2023-03-31 | $176,104 |
| Other income received | 2023-03-31 | $2,765 |
| Net income (gross income less expenses) | 2023-03-31 | $36,878 |
| Net plan assets at end of year (total assets less liabilities) | 2023-03-31 | $81,353 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-03-31 | $44,475 |
| Total contributions received or receivable from employer(s) | 2023-03-31 | $768,116 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-03-31 | $27,379 |
| 2022 : K B S, INC. GROUP MEDICAL PLAN 2022 401k financial data |
|---|
| Total plan liabilities at end of year | 2022-03-31 | $32,778 |
| Total plan liabilities at beginning of year | 2022-03-31 | $16,055 |
| Total income from all sources | 2022-03-31 | $851,618 |
| Expenses. Total of all expenses incurred | 2022-03-31 | $815,055 |
| Benefits paid (including direct rollovers) | 2022-03-31 | $583,049 |
| Total plan assets at end of year | 2022-03-31 | $77,253 |
| Total plan assets at beginning of year | 2022-03-31 | $23,967 |
| Value of fidelity bond covering the plan | 2022-03-31 | $500,000 |
| Total contributions received or receivable from participants | 2022-03-31 | $143,635 |
| Expenses. Other expenses not covered elsewhere | 2022-03-31 | $199,336 |
| Other income received | 2022-03-31 | $6 |
| Net income (gross income less expenses) | 2022-03-31 | $36,563 |
| Net plan assets at end of year (total assets less liabilities) | 2022-03-31 | $44,475 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-03-31 | $7,912 |
| Total contributions received or receivable from employer(s) | 2022-03-31 | $707,977 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-03-31 | $32,670 |
| 2020 : K B S, INC. GROUP MEDICAL PLAN 2020 401k financial data |
|---|
| Total plan liabilities at end of year | 2020-03-31 | $0 |
| Total plan liabilities at beginning of year | 2020-03-31 | $0 |
| Total income from all sources | 2020-03-31 | $248,023 |
| Expenses. Total of all expenses incurred | 2020-03-31 | $223,955 |
| Benefits paid (including direct rollovers) | 2020-03-31 | $171,497 |
| Total plan assets at end of year | 2020-03-31 | $24,068 |
| Total plan assets at beginning of year | 2020-03-31 | $0 |
| Value of fidelity bond covering the plan | 2020-03-31 | $500,000 |
| Total contributions received or receivable from participants | 2020-03-31 | $38,683 |
| Expenses. Other expenses not covered elsewhere | 2020-03-31 | $42,607 |
| Other income received | 2020-03-31 | $125 |
| Net income (gross income less expenses) | 2020-03-31 | $24,068 |
| Net plan assets at end of year (total assets less liabilities) | 2020-03-31 | $24,068 |
| Net plan assets at beginning of year (total assets less liabilities) | 2020-03-31 | $0 |
| Total contributions received or receivable from employer(s) | 2020-03-31 | $209,215 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2020-03-31 | $9,851 |
| 2022: K B S, INC. GROUP MEDICAL PLAN 2022 form 5500 responses |
|---|
| 2022-04-01 | Type of plan entity | Single employer plan |
| 2022-04-01 | Submission has been amended | No |
| 2022-04-01 | This submission is the final filing | No |
| 2022-04-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2022-04-01 | Plan is a collectively bargained plan | No |
| 2022-04-01 | Plan funding arrangement – Insurance | Yes |
| 2022-04-01 | Plan funding arrangement – Trust | Yes |
| 2022-04-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2022-04-01 | Plan benefit arrangement – Insurance | Yes |
| 2022-04-01 | Plan benefit arrangement - Trust | Yes |
| 2022-04-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2021: K B S, INC. GROUP MEDICAL PLAN 2021 form 5500 responses |
|---|
| 2021-04-01 | Type of plan entity | Single employer plan |
| 2021-04-01 | Submission has been amended | No |
| 2021-04-01 | This submission is the final filing | No |
| 2021-04-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2021-04-01 | Plan is a collectively bargained plan | No |
| 2021-04-01 | Plan funding arrangement – Trust | Yes |
| 2021-04-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2021-04-01 | Plan benefit arrangement - Trust | Yes |
| 2021-04-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2019: K B S, INC. GROUP MEDICAL PLAN 2019 form 5500 responses |
|---|
| 2019-12-01 | Type of plan entity | Single employer plan |
| 2019-12-01 | First time form 5500 has been submitted | Yes |
| 2019-12-01 | Submission has been amended | No |
| 2019-12-01 | This submission is the final filing | No |
| 2019-12-01 | This return/report is a short plan year return/report (less than 12 months) | Yes |
| 2019-12-01 | Plan is a collectively bargained plan | No |
| 2019-12-01 | Plan funding arrangement – Trust | Yes |
| 2019-12-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2019-12-01 | Plan benefit arrangement - Trust | Yes |
| 2019-12-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
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