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, Hesse Industrial Sales, Inc. Profit Sharing 401(K) Plan is a benefit plan reported by Hesse Industrial Sales, Inc. under EIN 16-0876331 and plan number 001. The latest loaded filing year is 2023. The filing reports 115 participants and $10,327,363 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,327,363
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,327,363
- Net assets (BOY)
- $9,321,257
Income & contributions
- Employer contributions
- $212,577
- Participant contributions
- $472,019
- Total contributions
- $684,596
- Total income / additions
- $2,988,459
Expenses & distributions
- Benefits paid
- $1,910,106
- Administrative expenses
- $31,602
- Total expenses
- $1,982,353
- Net increase / (decrease)
- $1,006,106