2023 Form 5500 filing — Hafele America Co. Retirement Savings And Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240927082929NAL0003207504001) for Hafele America Co. Retirement Savings And Profit Sharing Plan, reported by Hafele America Co. under EIN 56-1952217 and plan number 001. It reports 616 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927082929NAL0003207504001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hafele America Co.
- EIN
- 56-1952217
- Plan number
- 001
- Location
- Archdale, NC
- Participants
- 616
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $49,165,246
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $49,165,246
- Employer contributions
- $963,661
- Participant contributions
- $3,230,149
- Total income / additions
- $12,770,741
- Benefits paid
- $4,354,517
- Administrative expenses
- -$22,743
- Total expenses
- $4,356,757
- Net increase / (decrease)
- $8,413,984
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $13,298 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$36,041 | $0 |