Huf North America Automotive Parts Manufacturing Corp. 401(K) Plan — Form 5500 plan (Huf North America)

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, Huf North America Automotive Parts Manufacturing Corp. 401(K) Plan is a benefit plan reported by Huf North America under EIN 62-1603553 and plan number 001. The latest loaded filing year is 2023. The filing reports 457 participants and $23,908,036 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$23.9MPlan net assets, end of year$23,908,036
Participants457Covered participants reported
Assets / participant$52.3KComputed: assets ÷ participants$52,315 (computed)
Provider compensation$131.6K2 Schedule C provider row(s)$131,585
Plan sponsor
Huf North America
EIN
62-1603553
Plan number
001
Plan type
2
Location
Greenville, TN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023457H, C20241010142558NAL0021238273001
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)$23.9M total assets
Net assets$23.9MLiabilities$0
Money in vs. money out
Total income / additions$5.6M
Total expenses$3M
Benefits paid / distributions$2.9M
Contributions
Employer$354K
Participant$1.4M
Full reported line items

Net assets

Total assets (EOY)
$23,908,036
Total liabilities (EOY)
$0
Net assets (EOY)
$23,908,036
Net assets (BOY)
$21,299,090

Income & contributions

Employer contributions
$354,029
Participant contributions
$1,401,838
Total contributions
$1,908,890
Total income / additions
$5,579,085

Expenses & distributions

Benefits paid
$2,871,804
Administrative expenses
$93,238
Total expenses
$2,970,139
Net increase / (decrease)
$2,608,946
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 20%Participant 80%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income51%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$93,238$02023
Morgan Stanley Global Banking OperaOTHER SERVICES$0$38,3472023

Related Form 5500 pages