Howell, Gibson & Hughes P.A. Profit Sharing 401(K) Plan — Form 5500 plan (Howell, Gibson & Hughes, P.A.)

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, Howell, Gibson & Hughes P.A. Profit Sharing 401(K) Plan is a benefit plan reported by Howell, Gibson & Hughes, P.A. under EIN 57-0559910 and plan number 002. The latest loaded filing year is 2023. The filing reports 17 participants and $9,104,005 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9.1MPlan net assets, end of year$9,104,005
Participants17Covered participants reported
Assets / participant$535.5KComputed: assets ÷ participants$535,530 (computed)
Provider compensationNone reported
Plan sponsor
Howell, Gibson & Hughes, P.A.
EIN
57-0559910
Plan number
002
Plan type
2
Location
Beaufort, SC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202317I20250821081131NAL0006929888001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$9.1M total assets
Net assets$9.1MLiabilities$0
Money in vs. money out
Total income / additions$1.3M
Total expenses$1.6M
Benefits paid / distributions$1.5M
Contributions
Employer$271.2K
Participant$47.8K
Full reported line items

Net assets

Total assets (EOY)
$9,104,005
Total liabilities (EOY)
$0
Net assets (EOY)
$9,104,005
Net assets (BOY)
$9,358,954

Income & contributions

Employer contributions
$271,208
Participant contributions
$47,792
Total income / additions
$1,307,298

Expenses & distributions

Benefits paid
$1,539,811
Administrative expenses
$18,989
Total expenses
$1,562,247
Net increase / (decrease)
-$254,949
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 85%Participant 15%
Total expenses ÷ net assets17%Computed ratio
Benefits paid ÷ total income118%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages