2023 Form 5500 filing — Haywood Vocational Opportunities, Inc. Retirement 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 20250409090927NAL0010814323001) for Haywood Vocational Opportunities, Inc. Retirement Plan, reported by Haywood Vocational Opportunities, Inc. under EIN 56-1651554 and plan number 002. It reports 372 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)$7.5MReported net assets$7,452,370
Participants372
Provider compensation$70.9K2 Schedule C row(s)$70,941
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20250409090927NAL0010814323001
- Plan sponsor
- Haywood Vocational Opportunities, Inc.
- EIN
- 56-1651554
- Plan number
- 002
- Location
- Waynesville, NC
- Received date
- not reported in the loaded dataset
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)$7.5M total assets
Net assets$7.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $7,452,370
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,452,370
- Employer contributions
- $226,477
- Participant contributions
- $361,920
- Total income / additions
- $1,388,209
- Benefits paid
- $1,187,052
- Administrative expenses
- $70,931
- Total expenses
- $1,258,956
- Net increase / (decrease)
- $129,253
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,818 | $0 |
| Colton Groome Financial Advisors, L | INVESTMENT ADVISORY | $35,113 | $10 |