Hanon Systems Usa, LLC 401(K) Plan — Form 5500 plan (Hanon Systems Usa, 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, Hanon Systems Usa, LLC 401(K) Plan is a benefit plan reported by Hanon Systems Usa, LLC under EIN 61-1697358 and plan number 001. The latest loaded filing year is 2023. The filing reports 459 participants and $84,310,447 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hanon Systems Usa, LLC
EIN
61-1697358
Plan number
001
Plan type
2
Location
Novi, MI
Latest filing year
2023
Participants
459
End-of-year plan assets
$84,310,447

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023459H, C20241009141000NAL0019405233001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$84,310,447
Total liabilities (EOY)
$73,275
Net assets (EOY)
$84,237,172
Net assets (BOY)
$63,552,308

Income & contributions

Employer contributions
$2,811,385
Participant contributions
$6,087,172
Total contributions
$10,749,331
Total income / additions
$25,122,504

Expenses & distributions

Benefits paid
$4,175,899
Administrative expenses
$114,320
Total expenses
$4,437,640
Net increase / (decrease)
$20,684,864

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER-$29,213$02023

Related Form 5500 pages