Robert A Higgins & Associates 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Robert A Higgins & Associates)

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, Robert A Higgins & Associates 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Robert A Higgins & Associates under EIN 75-2885869 and plan number 001. The latest loaded filing year is 2023. The filing reports 38 participants and $1,509,809 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.5MPlan net assets, end of year$1,509,809
Participants38Covered participants reported
Assets / participant$39.7KComputed: assets ÷ participants$39,732 (computed)
Provider compensationNone reported
Plan sponsor
Robert A Higgins & Associates
EIN
75-2885869
Plan number
001
Plan type
2
Location
Benbrook, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202338I20240617143525NAL0003835250001
Schedule I · 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)$1.5M total assets
Net assets$1.5MLiabilities$0
Money in vs. money out
Total income / additions$611.9K
Total expenses$79.8K
Benefits paid / distributions$71.8K
Contributions
Employer$55.7K
Participant$116.4K
Full reported line items

Net assets

Total assets (EOY)
$1,509,809
Total liabilities (EOY)
$0
Net assets (EOY)
$1,509,809
Net assets (BOY)
$977,768

Income & contributions

Employer contributions
$55,715
Participant contributions
$116,391
Total income / additions
$611,878

Expenses & distributions

Benefits paid
$71,769
Administrative expenses
$8,068
Total expenses
$79,837
Net increase / (decrease)
$532,041
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 32%Participant 68%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income12%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages