2023 Form 5500 filing — Hutson Inc. 401(K) Profit Sharing 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 20240723053050NAL0017599408001) for Hutson Inc. 401(K) Profit Sharing Plan, reported by Hutson Inc. under EIN 61-1272226 and plan number 001. It reports 898 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240723053050NAL0017599408001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hutson Inc.
- EIN
- 61-1272226
- Plan number
- 001
- Location
- Murray, KY
- Participants
- 898
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $35,538,846
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,538,846
- Employer contributions
- $1,075,735
- Participant contributions
- $4,816,960
- Total income / additions
- $11,713,550
- Benefits paid
- $3,074,456
- Administrative expenses
- $190,134
- Total expenses
- $3,267,118
- Net increase / (decrease)
- $8,446,432
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $105,388 | $0 |
| Argi Investment Services LLC | INVESTMENT/FINANCIAL ADVI | $69,930 | $0 |
| Hpm Partners, LLC | INVESTMENT/FINANCIAL ADVI | $14,814 | $0 |