2023 Form 5500 filing — Hwaseung Automotive America Holdings, Inc. 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 20241022051318NAL0003121680001) for Hwaseung Automotive America Holdings, Inc. 401(K) Plan, reported by Hwaseung Automotive America Hold under EIN 43-2004446 and plan number 001. It reports 404 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241022051318NAL0003121680001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hwaseung Automotive America Hold
- EIN
- 43-2004446
- Plan number
- 001
- Location
- Troy, MI
- Participants
- 404
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,791,616
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,791,616
- Employer contributions
- $95,191
- Participant contributions
- $415,237
- Total income / additions
- $774,698
- Benefits paid
- $515,561
- Administrative expenses
- $39,353
- Total expenses
- $557,259
- Net increase / (decrease)
- $217,439
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $23,602 | $0 |
| Bennett Thrasher | ACCOUNTANT | $15,750 | $0 |