2023 Form 5500 filing — Hyosung Holdings Usa, Inc Savings 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 20241014101802NAL0013117027001) for Hyosung Holdings Usa, Inc Savings Plan, reported by Hyosung Holdings Usa, Inc under EIN 61-1571366 and plan number 001. It reports 1,751 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$58.9MReported net assets$58,898,149
Participants1.8K1,751
Provider compensation$39.2K1 Schedule C row(s)$39,203
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014101802NAL0013117027001
Plan sponsor
Hyosung Holdings Usa, Inc
EIN
61-1571366
Plan number
001
Location
Charlotte, NC
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$58.9M total assets
Net assets$58.9MLiabilities$0
Money in vs. money out
Total income / additions$15.7M
Total expenses$6M
Benefits paid / distributions$6M
Contributions
Employer$1.8M
Participant$5M
Full reported line items
Total assets (EOY)
$58,898,149
Total liabilities (EOY)
$0
Net assets (EOY)
$58,898,149
Employer contributions
$1,797,389
Participant contributions
$4,992,120
Total income / additions
$15,733,663
Benefits paid
$5,986,166
Administrative expenses
$39,210
Total expenses
$6,049,649
Net increase / (decrease)
$9,684,014
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    NONE · Direct $39.2K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014101802NAL0013117027001 cover?
It is the 2023 Form 5500 filing for Hyosung Holdings Usa, Inc Savings Plan, reported by Hyosung Holdings Usa, Inc (EIN 61-1571366).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages