2023 Form 5500 filing — Hexaware Technologies, Incorporated Retirement 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 20240912102445NAL0016869778001) for Hexaware Technologies, Incorporated Retirement Plan, reported by Hexaware Technologies, Incorporated under EIN 22-3301374 and plan number 001. It reports 1,965 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240912102445NAL0016869778001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hexaware Technologies, Incorporated
- EIN
- 22-3301374
- Plan number
- 001
- Location
- Iselin, NJ
- Participants
- 1,965
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,234,770
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,234,770
- Employer contributions
- $247,326
- Participant contributions
- $5,146,193
- Total income / additions
- $9,418,885
- Benefits paid
- $3,061,931
- Administrative expenses
- $156,827
- Total expenses
- $3,334,907
- Net increase / (decrease)
- $6,083,978
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $88,459 | $0 |
| Mma Securities LLC | BROKER/ADVISER | $0 | $55,849 |
| Empower Advisory Group | INVESTMENT MANAGEMENT | $52,355 | not reported in the loaded dataset |
| Benchmark Retirement Plan Svcs | CONTRACT ADMIN | $4,960 | $10,000 |
| Envestnet Retirement Solutions, LLC | INVESTMENT ADVISOR | $8,605 | not reported in the loaded dataset |