Headway Technologies, Inc. 401(K) Savings And Retirement Plan — Form 5500 plan (Headway Technologies, 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, Headway Technologies, Inc. 401(K) Savings And Retirement Plan is a benefit plan reported by Headway Technologies, Inc. under EIN 77-0383260 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,172 participants and $222,362,906 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Headway Technologies, Inc.
EIN
77-0383260
Plan number
001
Plan type
2
Location
Milpitas, CA
Latest filing year
2023
Participants
1,172
End-of-year plan assets
$222,362,906

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,172H, C20240910154653NAL0013494370001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$222,362,906
Total liabilities (EOY)
$0
Net assets (EOY)
$222,362,906
Net assets (BOY)
$191,738,832

Income & contributions

Employer contributions
$3,377,272
Participant contributions
$8,736,229
Total contributions
$12,354,823
Total income / additions
$48,822,794

Expenses & distributions

Benefits paid
$18,142,479
Administrative expenses
$41,764
Total expenses
$18,198,720
Net increase / (decrease)
$30,624,074

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$35,490not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$6,429$02023

Related Form 5500 pages