2023 Form 5500 filing — Hermann Services, Inc. 401(K) Salary Savings 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 20241015082904NAL0014249155001) for Hermann Services, Inc. 401(K) Salary Savings Plan, reported by Hermann Services, Inc. under EIN 22-1964276 and plan number 001. It reports 312 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015082904NAL0014249155001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hermann Services, Inc.
- EIN
- 22-1964276
- Plan number
- 001
- Location
- North Brunswick, NJ
- Participants
- 312
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,235,732
- Total liabilities (EOY)
- $19,999
- Net assets (EOY)
- $14,215,733
- Employer contributions
- $176,340
- Participant contributions
- $626,485
- Total income / additions
- $3,139,541
- Benefits paid
- $2,393,403
- Administrative expenses
- $7,485
- Total expenses
- $2,400,888
- Net increase / (decrease)
- $738,653
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $5,094 | not reported in the loaded dataset |
| Fidelity Workplace Services LLC | PLAN ADMINISTRATOR | $2,391 | $0 |