Plan5500

Hughes Group, Inc. 401(K) Plan — Form 5500 plan (Hughes Group, 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, Hughes Group, Inc. 401(K) Plan is a benefit plan reported by Hughes Group, Inc. under EIN 35-0958626 and plan number 003. The latest loaded filing year is 2023. The filing reports 299 participants and $10,197,569 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hughes Group, Inc.
EIN
35-0958626
Plan number
003
Plan type
2
Location
Jeffersonville, IN
Latest filing year
2023
Participants
299
End-of-year plan assets
$10,197,569

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023299H, C20241008143048NAL0008461779001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,197,569
Total liabilities (EOY)
$0
Net assets (EOY)
$10,197,569
Net assets (BOY)
$10,055,421

Income & contributions

Employer contributions
$294,534
Participant contributions
$595,577
Total contributions
$903,039
Total income / additions
$2,375,582

Expenses & distributions

Benefits paid
$2,178,301
Administrative expenses
$55,133
Total expenses
$2,233,434
Net increase / (decrease)
$142,148

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John HancockRETAINED BY CLIENT$30,420$02023
Shepherd Financial Investment AdvINVESTMENT ADVISOR$24,713not reported in the loaded dataset2023

Related Form 5500 pages