2023 Form 5500 filing — Hoy Construction, Inc. Employee Stock Ownership Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240618084805NAL0003523648001) for Hoy Construction, Inc. Employee Stock Ownership Plan, reported by Hoy Construction, Inc. under EIN 54-0696919 and plan number 001. It reports 38 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$16.2MReported net assets$16,249,146
Participants38
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240618084805NAL0003523648001
Plan sponsor
Hoy Construction, Inc.
EIN
54-0696919
Plan number
001
Location
Norfolk, VA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$16.2M total assets
Net assets$16.2MLiabilities$0
Money in vs. money out
Total income / additions$2.6M
Total expenses$2.5M
Benefits paid / distributions$2.5M
Contributions
Employer$811K
Participant$123.7K
Full reported line items
Total assets (EOY)
$16,249,146
Total liabilities (EOY)
$0
Net assets (EOY)
$16,249,146
Employer contributions
$811,000
Participant contributions
$123,685
Total income / additions
$2,606,846
Benefits paid
$2,512,103
Administrative expenses
$36,435
Total expenses
$2,548,538
Net increase / (decrease)
$58,308

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240618084805NAL0003523648001 cover?
It is the 2023 Form 5500 filing for Hoy Construction, Inc. Employee Stock Ownership Plan, reported by Hoy Construction, Inc. (EIN 54-0696919).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages