Higherechelon 401(K) Plan — Form 5500 plan (Higherechelon, 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, Higherechelon 401(K) Plan is a benefit plan reported by Higherechelon, Inc. under EIN 27-0992562 and plan number 001. The latest loaded filing year is 2023. The filing reports 292 participants and $10,071,528 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$10.1MPlan net assets, end of year$10,071,528
Participants292Covered participants reported
Assets / participant$34.5KComputed: assets ÷ participants$34,492 (computed)
Provider compensation$59.3K3 Schedule C provider row(s)$59,303
- Plan sponsor
- Higherechelon, Inc.
- EIN
- 27-0992562
- Plan number
- 001
- Plan type
- 2
- Location
- Huntsville, AL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 292 | H, C | 20250501092602NAL0001948595001 |
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)$10.1M total assets
Net assets$10.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $10,071,528
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,071,528
- Net assets (BOY)
- $6,815,924
Income & contributions
- Employer contributions
- $902,064
- Participant contributions
- $1,867,609
- Total contributions
- $2,938,737
- Total income / additions
- $4,157,339
Expenses & distributions
- Benefits paid
- $854,455
- Administrative expenses
- $47,280
- Total expenses
- $901,735
- Net increase / (decrease)
- $3,255,604
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.
33%67%
Employer 33%Participant 67%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income21%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Keel Point Capital LLC | NONE | $40,210 | not reported in the loaded dataset | 2023 |
| Ameritas Life Insurance Corp | NONE | $19,093 | not reported in the loaded dataset | 2023 |
| Matrix Trust Company | NONE | $0 | $0 | 2023 |