2023 Form 5500 filing — Hypertherm Associate 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 20241010151130NAL0021313505001) for Hypertherm Associate Stock Ownership Plan, reported by Hypertherm, Inc. under EIN 02-0274267 and plan number 002. It reports 1,880 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010151130NAL0021313505001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hypertherm, Inc.
- EIN
- 02-0274267
- Plan number
- 002
- Location
- Hanover, NH
- Participants
- 1,880
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,041,097,337
- Total liabilities (EOY)
- $177,699,794
- Net assets (EOY)
- $863,397,543
- Employer contributions
- $6,731,356
- Total income / additions
- $150,972,958
- Benefits paid
- $24,082,384
- Administrative expenses
- $342,640
- Total expenses
- $29,494,116
- Net increase / (decrease)
- $121,478,842
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $338,684 | $0 |
| Principal | RECORDKEEPER/BOOKKEEPER | $338,339 | not reported in the loaded dataset |
| Commonwealth Financial | CONTRACT ADMINISTRATOR | $14,138 | $18 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |