Hsp Direct 401(K) Plan — Form 5500 plan (Hsp Direct, LLC)

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, Hsp Direct 401(K) Plan is a benefit plan reported by Hsp Direct, LLC under EIN 54-2039701 and plan number 001. The latest loaded filing year is 2023. The filing reports 180 participants and $20,196,398 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hsp Direct, LLC
EIN
54-2039701
Plan number
001
Plan type
2
Location
Ashburn, VA
Latest filing year
2023
Participants
180
End-of-year plan assets
$20,196,398

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023180H, C20241011124859NAL0021883137001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$20,196,398
Total liabilities (EOY)
$0
Net assets (EOY)
$20,196,398
Net assets (BOY)
$18,432,585

Income & contributions

Employer contributions
$302,354
Participant contributions
$746,675
Total contributions
$1,049,029
Total income / additions
$3,915,144

Expenses & distributions

Benefits paid
$2,107,197
Administrative expenses
$28,054
Total expenses
$2,151,331
Net increase / (decrease)
$1,763,813

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln National CorportationSERVICE PROVIDER$26,504$02023
Dwc Erisa ConsultantsTPA$1,275$02023

Related Form 5500 pages