2023 Form 5500 filing — Highway Equipment Company Retirement 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 20241010101350NAL0040404242001) for Highway Equipment Company Retirement Plan, reported by Highway Equipment Company under EIN 42-1102581 and plan number 003. It reports 217 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010101350NAL0040404242001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Highway Equipment Company
- EIN
- 42-1102581
- Plan number
- 003
- Location
- Cedar Rapids, IA
- Participants
- 217
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,779,364
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,779,364
- Employer contributions
- $534,547
- Participant contributions
- $1,191,981
- Total income / additions
- $6,562,557
- Benefits paid
- $1,606,226
- Administrative expenses
- $40,002
- Total expenses
- $1,646,228
- Net increase / (decrease)
- $4,916,329
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nations Financial Group Inc | INVESTMENT ADVISOR | $23,300 | not reported in the loaded dataset |
| Bergankdv Ltd | AUDITOR | $15,250 | not reported in the loaded dataset |
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $1,452 | $0 |