Hastings Mutual 401(K) Retirement Plan — Form 5500 plan (Hastings Mutual Insurance Co.)
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, Hastings Mutual 401(K) Retirement Plan is a benefit plan reported by Hastings Mutual Insurance Co. under EIN 38-0829290 and plan number 002. The latest loaded filing year is 2023. The filing reports 575 participants and $62,658,124 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hastings Mutual Insurance Co.
- EIN
- 38-0829290
- Plan number
- 002
- Plan type
- 2
- Location
- Hastings, MI
- Latest filing year
- 2023
- Participants
- 575
- End-of-year plan assets
- $62,658,124
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 575 | H, C | 20240911124512NAL0007040481001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $62,658,124
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $62,658,124
- Net assets (BOY)
- $54,477,512
Income & contributions
- Employer contributions
- $1,753,062
- Participant contributions
- $2,768,158
- Total contributions
- $4,934,661
- Total income / additions
- $14,128,348
Expenses & distributions
- Benefits paid
- $5,925,179
- Administrative expenses
- $12,829
- Total expenses
- $5,947,736
- Net increase / (decrease)
- $8,180,612
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $11,279 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $1,550 | $0 | 2023 |