Hitachi High-Tech America, Inc. Shared Savings Plan — Form 5500 plan (Hitachi High-Tech America, Inc.)

Plain-English plan 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, Hitachi High-Tech America, Inc. Shared Savings Plan is a benefit plan reported by Hitachi High-Tech America, Inc. under EIN 01-0569971 and plan number 002. The latest loaded filing year is 2023. The filing reports 915 participants and $170,617,065 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hitachi High-Tech America, Inc.
EIN
01-0569971
Plan number
002
Plan type
2
Location
Schaumburg, IL
Latest filing year
2023
Participants
915
End-of-year plan assets
$170,617,065

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023915H, C20241010134653NAL0040893586001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$170,617,065
Total liabilities (EOY)
$0
Net assets (EOY)
$170,617,065
Net assets (BOY)
$131,168,455

Income & contributions

Employer contributions
$3,380,223
Participant contributions
$7,540,397
Total contributions
$12,003,695
Total income / additions
$39,623,266

Expenses & distributions

Benefits paid
$4,389,761
Administrative expenses
$176,482
Total expenses
$4,568,337
Net increase / (decrease)
$35,054,929

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John HancockRETAINED BY EMPLOYER$106,415$02023
Wayne Hummer Investments, LLCRETAINED BY EMPLOYER$55,000not reported in the loaded dataset2023

Related Form 5500 pages