Hadco Construction 401(K) Plan — Form 5500 plan (Hadco Construction)

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, Hadco Construction 401(K) Plan is a benefit plan reported by Hadco Construction under EIN 20-1920952 and plan number 002. The latest loaded filing year is 2023. The filing reports 534 participants and $8,315,718 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.3MPlan net assets, end of year$8,315,718
Participants534Covered participants reported
Assets / participant$15.6KComputed: assets ÷ participants$15,573 (computed)
Provider compensation$60.3K3 Schedule C provider row(s)$60,290
Plan sponsor
Hadco Construction
EIN
20-1920952
Plan number
002
Plan type
2
Location
Lehi, UT
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023534H, C20241014150926NAL0054121250001
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)$8.3M total assets
Net assets$8.3MLiabilities$0
Money in vs. money out
Total income / additions$3.2M
Total expenses$929.7K
Benefits paid / distributions$824.5K
Contributions
Employer$438.8K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$8,315,718
Total liabilities (EOY)
$0
Net assets (EOY)
$8,315,718
Net assets (BOY)
$5,977,499

Income & contributions

Employer contributions
$438,751
Participant contributions
$1,261,511
Total contributions
$2,150,390
Total income / additions
$3,248,806

Expenses & distributions

Benefits paid
$824,545
Administrative expenses
$60,290
Total expenses
$929,675
Net increase / (decrease)
$2,319,131
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 26%Participant 74%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income25%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Global Retirement Partners LLCINVESTMENT ADVISOR$27,127not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$20,918$02023
Empower Advisory Group, LLCINVESTMENT MGMT$12,245not reported in the loaded dataset2023

Related Form 5500 pages