2023 Form 5500 filing — Hypower, LLC 401(K) 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 20241008153112NAL0017890913001) for Hypower, LLC 401(K) Plan, reported by Hypower, LLC under EIN 88-0271249 and plan number 002. It reports 402 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$13.6MReported net assets$13,557,723
Participants402
Provider compensation$38.8K2 Schedule C row(s)$38,759
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241008153112NAL0017890913001
Plan sponsor
Hypower, LLC
EIN
88-0271249
Plan number
002
Location
Fort Lauderdale, FL
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$13.6M total assets
Net assets$13.6MLiabilities$0
Money in vs. money out
Total income / additions$3.9M
Total expenses$1M
Benefits paid / distributions$1M
Contributions
Employer$537.3K
Participant$1.2M
Full reported line items
Total assets (EOY)
$13,557,723
Total liabilities (EOY)
$0
Net assets (EOY)
$13,557,723
Employer contributions
$537,330
Participant contributions
$1,162,160
Total income / additions
$3,911,190
Benefits paid
$1,008,731
Administrative expenses
$11,262
Total expenses
$1,019,993
Net increase / (decrease)
$2,891,197

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Wells Fargo AdvisorsADVISOR$0$21,892
Concurrent Investment Advisors, LLCSERVICE PROVIDER$0$16,867

Related Form 5500 pages