Hoffer Plastics Corporation Profit Sharing And 401(K) Plan — Form 5500 plan (Hoffer Plastics Corporation)
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, Hoffer Plastics Corporation Profit Sharing And 401(K) Plan is a benefit plan reported by Hoffer Plastics Corporation under EIN 36-2347537 and plan number 001. The latest loaded filing year is 2023. The filing reports 414 participants and $59,751,332 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hoffer Plastics Corporation
- EIN
- 36-2347537
- Plan number
- 001
- Plan type
- 2
- Location
- South Elgin, IL
- Latest filing year
- 2023
- Participants
- 414
- End-of-year plan assets
- $59,751,332
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 414 | H, C | 20240820134213NAL0005998418001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $59,751,332
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,751,332
- Net assets (BOY)
- $51,966,655
Income & contributions
- Employer contributions
- $593,940
- Participant contributions
- $1,559,976
- Total contributions
- $2,383,451
- Total income / additions
- $10,502,009
Expenses & distributions
- Benefits paid
- $2,569,151
- Administrative expenses
- $98,941
- Total expenses
- $2,717,332
- Net increase / (decrease)
- $7,784,677
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Woodbury Financial Services Inc | INVESTMENT ADVISOR | $96,672 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $2,269 | $0 | 2023 |