Hennessy 401(K) Plan — Form 5500 plan (Hennessy Cadillac, Inc.)

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, Hennessy 401(K) Plan is a benefit plan reported by Hennessy Cadillac, Inc. under EIN 58-0942545 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,248 participants and $65,264,991 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$65.3MPlan net assets, end of year$65,264,991
Participants1.2KCovered participants reported1,248
Assets / participant$52.3KComputed: assets ÷ participants$52,296 (computed)
Provider compensation$101.8K3 Schedule C provider row(s)$101,830
Plan sponsor
Hennessy Cadillac, Inc.
EIN
58-0942545
Plan number
001
Plan type
3
Location
Morrow, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,248H, C20241001105553NAL0012163168001
Schedule H · 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)$65.3M total assets
Net assets$65.3MLiabilities$0
Money in vs. money out
Total income / additions$15.9M
Total expenses$5.9M
Benefits paid / distributions$5.8M
Contributions
Employer$833.2K
Participant$3.6M
Full reported line items

Net assets

Total assets (EOY)
$65,264,991
Total liabilities (EOY)
$0
Net assets (EOY)
$65,264,991
Net assets (BOY)
$55,273,055

Income & contributions

Employer contributions
$833,181
Participant contributions
$3,587,384
Total contributions
$4,513,131
Total income / additions
$15,940,842

Expenses & distributions

Benefits paid
$5,847,076
Administrative expenses
$101,830
Total expenses
$5,948,906
Net increase / (decrease)
$9,991,936
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 19%Participant 81%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income37%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$53,237$02023
Onedigital Investment Advisors LLCINVESTMENT ADVISOR$28,000not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$20,593not reported in the loaded dataset2023

Related Form 5500 pages