Plan5500

Hardware Specialty Co., Inc. 401(K) Savings Plan & Trust — Form 5500 plan (Hardware Specialty Co., 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, Hardware Specialty Co., Inc. 401(K) Savings Plan & Trust is a benefit plan reported by Hardware Specialty Co., Inc. under EIN 11-1962241 and plan number 002. The latest loaded filing year is 2023. The filing reports 282 participants and $30,454,260 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$30.5MPlan net assets, end of year$30,454,260
Participants282Covered participants reported
Assets / participant$108KComputed: assets ÷ participants$107,994 (computed)
Provider compensation$2.4K1 Schedule C provider row(s)$2,444
Plan sponsor
Hardware Specialty Co., Inc.
EIN
11-1962241
Plan number
002
Plan type
2
Location
Long Island City, NY
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    282 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$30.5M total assets
Net assets$30.5MLiabilities$0
Money in vs. money out
Total income / additions$7.5M
Total expenses$1.6M
Benefits paid / distributions$1.6M
Contributions
Employer$503.6K
Participant$1.2M
Full reported line items

Net assets

Total assets (EOY)
$30,454,260
Total liabilities (EOY)
$0
Net assets (EOY)
$30,454,260
Net assets (BOY)
$24,500,323

Income & contributions

Employer contributions
$503,561
Participant contributions
$1,219,984
Total contributions
$2,328,796
Total income / additions
$7,540,270

Expenses & distributions

Benefits paid
$1,559,563
Administrative expenses
$2,444
Total expenses
$1,586,333
Net increase / (decrease)
$5,953,937
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 29%Participant 71%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income21%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Fidelity Investments Institutional$2.4K
    RECORDKEEPER · Direct $2.4K · Indirect $0

Related Form 5500 pages