2023 Form 5500 filing — Hanwha Vision America 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 20241015081223NAL0048450944001) for Hanwha Vision America Retirement Plan, reported by Hanwha Vision America, Inc. under EIN 22-3015117 and plan number 001. It reports 305 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015081223NAL0048450944001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hanwha Vision America, Inc.
- EIN
- 22-3015117
- Plan number
- 001
- Location
- Ridgefield Park, NJ
- Participants
- 305
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,269,350
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,269,350
- Employer contributions
- $530,836
- Participant contributions
- $2,292,361
- Total income / additions
- $6,474,064
- Benefits paid
- $1,620,766
- Administrative expenses
- $84,117
- Total expenses
- $1,704,883
- Net increase / (decrease)
- $4,769,181
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $67,243 | $0 |
| Voya Financial Advisors Inc | OTHER SERVICES | $0 | $28,278 |
| Cooper Savas | ACCOUNTANT | $11,998 | not reported in the loaded dataset |
| Orenda Retirement LLC | CONTRACT ADMINISTRATOR | $4,876 | $5,657 |
| Morningstar Investment Management L | INV ADV, PARTICIPANT | $0 | $0 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 |