2023 Form 5500 filing — Heavy Machines, LLC 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 20241010125006NAL0035729792001) for Heavy Machines, LLC 401(K) Profit Sharing Plan, reported by Heavy Machines, LLC under EIN 62-0850651 and plan number 001. It reports 265 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010125006NAL0035729792001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Heavy Machines, LLC
- EIN
- 62-0850651
- Plan number
- 001
- Location
- Memphis, TN
- Participants
- 265
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,984,397
- Net assets (EOY)
- $16,984,397
- Employer contributions
- $743,917
- Participant contributions
- $1,206,650
- Total income / additions
- $4,831,239
- Benefits paid
- $1,151,464
- Administrative expenses
- $21,030
- Total expenses
- $1,187,219
- Net increase / (decrease)
- $3,644,020
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $9,636 | not reported in the loaded dataset |
| Cambridge Investment Research, Inc. | ADVISOR | $8,500 | not reported in the loaded dataset |
| Fidelity Investments Inst. Ops Co. | RECORDKEEPER | $2,894 | not reported in the loaded dataset |