2023 Form 5500 filing — Hoover Group, Inc. Employee'S Profit Sharing And 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 20241015080710NAL0028977345001) for Hoover Group, Inc. Employee'S Profit Sharing And Savings Plan, reported by Hoover Group, Inc. under EIN 58-1645956 and plan number 001. It reports 206 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)$6.1MReported net assets$6,080,581

Participants206

Provider compensation$12.3K2 Schedule C row(s)$12,339

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241015080710NAL0028977345001
Plan sponsor: Hoover Group, Inc.
EIN: 58-1645956
Plan number: 001
Location: Katy, TX
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)$6.1M total assets

Net assets$6.1MLiabilities$0

Money in vs. money out

Total income / additions$2.7M

Total expenses$4M

Benefits paid / distributions$4M

Contributions

Employer$569.8K

Participant$797.4K

Full reported line items

Total assets (EOY): $6,080,581
Total liabilities (EOY): $0
Net assets (EOY): $6,080,581
Employer contributions: $569,799
Participant contributions: $797,378
Total income / additions: $2,660,843
Benefits paid: $3,965,293
Administrative expenses: $27,426
Total expenses: $3,992,719
Net increase / (decrease): -$1,331,876

Schedule C

Reported service provider compensation

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

1
Principal Life Insurance Company$12.3K
CONTRACT ADMINISTRATOR · Direct $12.3K · Indirect $0
2
Creative Planning, LLC$0
INV ADV, PARTICIPANTS · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015080710NAL0028977345001 cover?: It is the 2023 Form 5500 filing for Hoover Group, Inc. Employee'S Profit Sharing And Savings Plan, reported by Hoover Group, Inc. (EIN 58-1645956).
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).