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, Hg Detroit Consult 401(K) Profit Plan & Trust is a benefit plan reported by Hg Detroit Consulting, LLC under EIN 20-0896877 and plan number 001. The latest loaded filing year is 2023. The filing reports 229 participants and $4,983,973 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,993,807
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,993,807
- Net assets (BOY)
- $3,966,964
Income & contributions
- Employer contributions
- $9,632
- Participant contributions
- $577,089
- Total contributions
- $609,882
- Total income / additions
- $1,623,907
Expenses & distributions
- Benefits paid
- $538,188
- Administrative expenses
- $22,309
- Total expenses
- $597,064
- Net increase / (decrease)
- $1,026,843