California › Professional, scientific and technical services › 100 to 249 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
KMB Concepts LLC / Kmbo 401(k) Plan
Sponsored by KMB Concepts LLC, Poway, CA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2024, KMB Concepts LLC / Kmbo 401(k) Plan covered 224 participants and held $262K in net assets. The plan is a 401(k) plan sponsored by KMB Concepts LLC of Poway, California.
Net assets came to $1,168 per participant, well below the $60,185 median for defined contribution plans with 100 to 249 participants and well below the $73,951 median for defined contribution plans in professional, scientific and technical services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $810.
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $1,168 | $60,185 | $73,951 | $53,102 |
| Employer contributions per active participant | — | $2,447 | $3,219 | $2,175 |
| Schedule C compensation per participant | — | $194 | $148 | $123 |
| Schedule C compensation, share of net assets | — | 0.32% | 0.22% | 0.26% |
| Administrative expenses per participant | $3.62 | $176 | $140 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), professional, scientific and technical services (9,776) and all US plans (63,460). Fee medians cover plans that report an amount.
Statement for the year
- Net assets, beginning of year$110,964
- Employer contributions—
- Participant contributions$148,794
- Rollovers and other contributions—
- Total contributions$148,794
- Total income, including investment results$168,281
- Benefits paid$16,873
- Administrative expenses$810
- Total expenses$17,683
- Net income$150,598
- Net transfers$0
- Net assets, end of year$261,562
Participants
- Active participants123
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits101
- Participants with account balances197
- Total participants, end of year224
Fees and service providers
No service provider organisations are listed on Schedule C for this plan year.
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$810
- Total administrative expenses$810
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$261K · 99.7%
- Participant loans$892 · 0.3%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmMetz CPA, PLLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $27,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2AAge/service weighted or new comparability or similar plan2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 541400: Specialized Design Services (including interior, industrial, graphic, & fashion design).
Similar plans in California
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Mullen & Filippi 401(k) Profit Sharing Plan | Mullen & Filippi, LLP | 224 | $20.5M | $91,620 |
| Greenberg Glusker Fields Claman & Machtinger, LLP Profit Sharing 401(k) Plan for Partners and Staff | Greenberg Glusker Fields Claman & Machtinger, LLP | 224 | $131M | $585,475 |
| Planisware 401(k) Plan | Planisware USA, Inc. | 224 | $25.6M | $114,264 |
| Intersect Power 401(k) Plan | Intersect Power, LLC | 223 | $14.7M | $65,981 |
| Highbury Defense Group 401(k) Plan | Highbury Defense Group | 224 | $13.5M | $60,289 |
| Zymo Research 401(k) Plan | Zymo Research Corporation | 223 | $11.4M | $50,973 |
Defined contribution plans in professional, scientific and technical services closest in size.
Questions and answers
How big is KMB Concepts LLC / Kmbo 401(k) Plan?
224 participants at the end of the plan year ending 31 Dec 2024, of whom 123 were active employees, with net assets of $261,562. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does KMB Concepts LLC contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $810. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is KMB Concepts LLC. The financial statements were audited by Metz CPA, PLLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 21 Jul 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 83-4252092, plan 001, received 21 Jul 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.