Highway Equipment Company Retirement Plan — Form 5500 plan (Highway Equipment Company)
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, Highway Equipment Company Retirement Plan is a benefit plan reported by Highway Equipment Company under EIN 42-1102581 and plan number 003. The latest loaded filing year is 2023. The filing reports 217 participants and $26,779,364 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Highway Equipment Company
- EIN
- 42-1102581
- Plan number
- 003
- Plan type
- 2
- Location
- Cedar Rapids, IA
- Latest filing year
- 2023
- Participants
- 217
- End-of-year plan assets
- $26,779,364
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 217 | H, C | 20241010101350NAL0040404242001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,779,364
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,779,364
- Net assets (BOY)
- $21,863,035
Income & contributions
- Employer contributions
- $534,547
- Participant contributions
- $1,191,981
- Total contributions
- $2,038,118
- Total income / additions
- $6,562,557
Expenses & distributions
- Benefits paid
- $1,606,226
- Administrative expenses
- $40,002
- Total expenses
- $1,646,228
- Net increase / (decrease)
- $4,916,329
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nations Financial Group Inc | INVESTMENT ADVISOR | $23,300 | not reported in the loaded dataset | 2023 |
| Bergankdv Ltd | AUDITOR | $15,250 | not reported in the loaded dataset | 2023 |
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $1,452 | $0 | 2023 |