2023 Form 5500 filing — High Power Technical Services, Inc. Retirement 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 20241015130859NAL0028524481001) for High Power Technical Services, Inc. Retirement Savings Plan, reported by High Power Technical Services, Inc. under EIN 61-1340009 and plan number 001. It reports 220 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015130859NAL0028524481001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- High Power Technical Services, Inc.
- EIN
- 61-1340009
- Plan number
- 001
- Location
- Louisville, KY
- Participants
- 220
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,854,849
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,854,849
- Employer contributions
- $125,800
- Participant contributions
- $341,481
- Total income / additions
- $1,383,536
- Benefits paid
- $591,977
- Administrative expenses
- $53,142
- Total expenses
- $645,119
- Net increase / (decrease)
- $738,417
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Creative Retirement Systems, Inc. | TPA | $6,100 | not reported in the loaded dataset |
| John Hancock Life Ins. Comp. | RECORDKEEPER | $5,470 | not reported in the loaded dataset |
| Willshire Associates | RIA | $1,030 | not reported in the loaded dataset |