Hutson Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Hutson 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, Hutson Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Hutson Inc. under EIN 61-1272226 and plan number 001. The latest loaded filing year is 2023. The filing reports 898 participants and $35,538,846 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hutson Inc.
- EIN
- 61-1272226
- Plan number
- 001
- Plan type
- 2
- Location
- Murray, KY
- Latest filing year
- 2023
- Participants
- 898
- End-of-year plan assets
- $35,538,846
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 898 | H, C | 20240723053050NAL0017599408001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $35,538,846
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,538,846
- Net assets (BOY)
- $27,092,414
Income & contributions
- Employer contributions
- $1,075,735
- Participant contributions
- $4,816,960
- Total contributions
- $6,450,781
- Total income / additions
- $11,713,550
Expenses & distributions
- Benefits paid
- $3,074,456
- Administrative expenses
- $190,134
- Total expenses
- $3,267,118
- Net increase / (decrease)
- $8,446,432
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $105,388 | $0 | 2023 |
| Argi Investment Services LLC | INVESTMENT/FINANCIAL ADVI | $69,930 | $0 | 2023 |
| Hpm Partners, LLC | INVESTMENT/FINANCIAL ADVI | $14,814 | $0 | 2023 |