Hiossen, Inc. Retirement Plan — Form 5500 plan (Hiossen, 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, Hiossen, Inc. Retirement Plan is a benefit plan reported by Hiossen, Inc. under EIN 20-4077874 and plan number 001. The latest loaded filing year is 2023. The filing reports 478 participants and $6,905,001 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hiossen, Inc.
EIN
20-4077874
Plan number
001
Plan type
2
Location
Fairless Hills, PA
Latest filing year
2023
Participants
478
End-of-year plan assets
$6,905,001

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023478H, C20241014141459NAL0013432387001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,905,001
Total liabilities (EOY)
$0
Net assets (EOY)
$6,905,001
Net assets (BOY)
$4,362,307

Income & contributions

Employer contributions
$653,448
Participant contributions
$1,306,860
Total contributions
$1,987,781
Total income / additions
$2,963,216

Expenses & distributions

Benefits paid
$308,334
Administrative expenses
$56,902
Total expenses
$420,522
Net increase / (decrease)
$2,542,694

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$56,901$02023
Next Financial Group IncOTHER SERVICES$0$15,9762023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages