Hoffman Enterprises 401(K) Savings Plan — Form 5500 plan (Hoffman Enterprises)
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, Hoffman Enterprises 401(K) Savings Plan is a benefit plan reported by Hoffman Enterprises under EIN 06-1012275 and plan number 001. The latest loaded filing year is 2023. The filing reports 547 participants and $25,973,290 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hoffman Enterprises
- EIN
- 06-1012275
- Plan number
- 001
- Plan type
- 2
- Location
- East Hartford, CT
- Latest filing year
- 2023
- Participants
- 547
- End-of-year plan assets
- $25,973,290
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 547 | H, C | 20241014142856NAL0015106707001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,973,290
- Net assets (EOY)
- $25,973,290
- Net assets (BOY)
- $22,432,059
Income & contributions
- Employer contributions
- $257,893
- Participant contributions
- $2,267,652
- Total contributions
- $2,739,902
- Total income / additions
- $6,452,509
Expenses & distributions
- Benefits paid
- $2,807,873
- Administrative expenses
- $103,405
- Total expenses
- $2,911,278
- Net increase / (decrease)
- $3,541,231
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Co Of Ame | RECORDKEEPER | $58,176 | $0 | 2023 |
| Mjp Associates Inc. | INVESTMENT ADVISOR | $18,931 | $0 | 2023 |
| The Pension Service, Inc. | CONTRACT ADMIN | $5,600 | $10,000 | 2023 |