2023 Form 5500 filing — Hobbs Iron & Metal Co., Inc. Proft Sharing 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 20250211151818NAL0010076419001) for Hobbs Iron & Metal Co., Inc. Proft Sharing Plan, reported by Hobbs Iron & Metal Co., Inc. under EIN 85-0263872 and plan number 001. It reports 94 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
- EFAST2 acknowledgement
- 20250211151818NAL0010076419001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hobbs Iron & Metal Co., Inc.
- EIN
- 85-0263872
- Plan number
- 001
- Location
- Hobbs, NM
- Participants
- 94
- Schedules available
- Schedule I
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,923,078
- Net assets (EOY)
- $3,923,078
- Employer contributions
- $336,700
- Total income / additions
- $952,920
- Benefits paid
- $1,057,084
- Administrative expenses
- $52,605
- Total expenses
- $1,109,689
- Net increase / (decrease)
- -$156,769
- Schedule source
- Schedule I