Hobey'S, Inc. Employee Benefit Plan — Form 5500 plan (Hobeys, 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, Hobey'S, Inc. Employee Benefit Plan is a benefit plan reported by Hobeys, Inc. under EIN 88-0192673 and plan number 502. The latest loaded filing year is 2023. The filing reports 60 participants and $2,637 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)-$49.8KPlan net assets, end of year-$49,794
Participants60Covered participants reported
Assets / participant$44Computed: assets ÷ participants$44 (computed)
Provider compensation$39.6K4 Schedule C provider row(s)$39,629
Plan sponsor
Hobeys, Inc.
EIN
88-0192673
Plan number
502
Plan type
2
Location
Sun Valley, NV
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202360I, C20250409124113NAL0030494256001
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)$2.6K total assets
Net assets-$49.8KLiabilities$52.4K
Money in vs. money out
Total income / additions$579.4K
Total expenses$594.4K
Benefits paid / distributions$327.9K
Contributions
Employer$577.4K
Participant$1.2K
Full reported line items

Net assets

Total assets (EOY)
$2,637
Total liabilities (EOY)
$52,431
Net assets (EOY)
-$49,794
Net assets (BOY)
-$34,766

Income & contributions

Employer contributions
$577,384
Participant contributions
$1,170
Total income / additions
$579,404

Expenses & distributions

Benefits paid
$327,873
Administrative expenses
$5,921
Total expenses
$594,432
Net increase / (decrease)
-$15,028
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 100%Participant 0%
Benefits paid ÷ total income57%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Dillon HealthBROKER$18,450not reported in the loaded dataset2023
The Benecon Group, LLCBROKER$11,900not reported in the loaded dataset2023
Meritain Health, An Aetna CompanyADMIN$5,921not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$3,358not reported in the loaded dataset2023

Related Form 5500 pages