2023 Form 5500 filing — Hornets Basketball, LLC 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 20241014132621NAL0015000387001) for Hornets Basketball, LLC 401(K) Plan, reported by Hornets Basketball, LLC under EIN 74-3074438 and plan number 001. It reports 358 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)$20.6MReported net assets$20,632,106
Participants358
Provider compensation$77.9K3 Schedule C row(s)$77,873
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014132621NAL0015000387001
Plan sponsor
Hornets Basketball, LLC
EIN
74-3074438
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)$20.6M total assets
Net assets$20.6MLiabilities$0
Money in vs. money out
Total income / additions$6.1M
Total expenses$1M
Benefits paid / distributions$969.4K
Contributions
Employer$842.5K
Participant$1.6M
Full reported line items
Total assets (EOY)
$20,632,106
Total liabilities (EOY)
$0
Net assets (EOY)
$20,632,106
Employer contributions
$842,526
Participant contributions
$1,585,152
Total income / additions
$6,063,759
Benefits paid
$969,438
Administrative expenses
$77,867
Total expenses
$1,047,305
Net increase / (decrease)
$5,016,454
Schedule C

Reported service provider compensation

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

  1. 1
    CONTRACT ADMINISTRATOR · Direct $38.8K · Indirect $0
  2. 2
    INVESTMENT ADVISORY · Direct $20.2K · Indirect $0
  3. 3
    INVESTMENT ADVISORY · Direct $18.9K · Indirect $6

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014132621NAL0015000387001 cover?
It is the 2023 Form 5500 filing for Hornets Basketball, LLC 401(K) Plan, reported by Hornets Basketball, LLC (EIN 74-3074438).
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