2023 Form 5500 filing — Hoffer Plastics Corporation Profit Sharing And 401(K) 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 20240820134213NAL0005998418001) for Hoffer Plastics Corporation Profit Sharing And 401(K) Plan, reported by Hoffer Plastics Corporation under EIN 36-2347537 and plan number 001. It reports 414 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$59.8MReported net assets$59,751,332
Participants414
Provider compensation$98.9K2 Schedule C row(s)$98,941
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240820134213NAL0005998418001
- Plan sponsor
- Hoffer Plastics Corporation
- EIN
- 36-2347537
- Plan number
- 001
- Location
- South Elgin, IL
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$59.8M total assets
Net assets$59.8MLiabilities$0
Full reported line items
- Total assets (EOY)
- $59,751,332
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,751,332
- Employer contributions
- $593,940
- Participant contributions
- $1,559,976
- Total income / additions
- $10,502,009
- Benefits paid
- $2,569,151
- Administrative expenses
- $98,941
- Total expenses
- $2,717,332
- Net increase / (decrease)
- $7,784,677
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Woodbury Financial Services Inc | INVESTMENT ADVISOR | $96,672 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $2,269 | $0 |