Haztek, Inc. 401(K) P/S Plan — Form 5500 plan (Haztek, LLC)

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, Haztek, Inc. 401(K) P/S Plan is a benefit plan reported by Haztek, LLC under EIN 22-3495303 and plan number 001. The latest loaded filing year is 2023. The filing reports 345 participants and $11,410,112 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$11.4MPlan net assets, end of year$11,410,112
Participants345Covered participants reported
Assets / participant$33.1KComputed: assets ÷ participants$33,073 (computed)
Provider compensation$123.1K4 Schedule C provider row(s)$123,133
Plan sponsor
Haztek, LLC
EIN
22-3495303
Plan number
001
Plan type
2
Location
Medford, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023345H, C20240724083013NAL0012707345001
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)$11.4M total assets
Net assets$11.4MLiabilities
Money in vs. money out
Total income / additions$4.3M
Total expenses$2.5M
Benefits paid / distributions$2.4M
Contributions
Employer$610.3K
Participant$1.9M
Full reported line items

Net assets

Total assets (EOY)
$11,410,112
Net assets (EOY)
$11,410,112
Net assets (BOY)
$9,591,094

Income & contributions

Employer contributions
$610,278
Participant contributions
$1,929,815
Total contributions
$2,712,101
Total income / additions
$4,327,687

Expenses & distributions

Benefits paid
$2,390,280
Administrative expenses
$118,389
Total expenses
$2,508,669
Net increase / (decrease)
$1,819,018
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 24%Participant 76%
Total expenses ÷ net assets22%Computed ratio
Benefits paid ÷ total income55%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$65,741$02023
Merrill Lynch Pierce Fenner & SmithCONSULTANT$41,033$982023
Staffordshire Benefit Consulting LlCONTRACT ADMINISTRATOR$7,500$3,4892023
Danzier & Markhoff LlpCONTRACT ADMINISTRATOR$4,115$1,1572023

Related Form 5500 pages