Heavy Machines, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Heavy Machines, 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, Heavy Machines, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Heavy Machines, LLC under EIN 62-0850651 and plan number 001. The latest loaded filing year is 2023. The filing reports 265 participants and $16,984,397 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Heavy Machines, LLC
- EIN
- 62-0850651
- Plan number
- 001
- Plan type
- 2
- Location
- Memphis, TN
- Latest filing year
- 2023
- Participants
- 265
- End-of-year plan assets
- $16,984,397
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 265 | H, C | 20241010125006NAL0035729792001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,984,397
- Net assets (EOY)
- $16,984,397
- Net assets (BOY)
- $13,340,377
Income & contributions
- Employer contributions
- $743,917
- Participant contributions
- $1,206,650
- Total contributions
- $2,014,189
- Total income / additions
- $4,831,239
Expenses & distributions
- Benefits paid
- $1,151,464
- Administrative expenses
- $21,030
- Total expenses
- $1,187,219
- Net increase / (decrease)
- $3,644,020
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $9,636 | not reported in the loaded dataset | 2023 |
| Cambridge Investment Research, Inc. | ADVISOR | $8,500 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Inst. Ops Co. | RECORDKEEPER | $2,894 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Heavy Machines, LLC
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Memphis, TN
- Strategic Advisors, Inc. — Schedule C compensation
- Cambridge Investment Research, Inc. — Schedule C compensation
- Fidelity Investments Inst. Ops Co. — Schedule C compensation