Hazen Paper Company Retirement Program — Form 5500 plan (Hazen Paper Company)
Plain-English plan 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, Hazen Paper Company Retirement Program is a benefit plan reported by Hazen Paper Company under EIN 04-1429900 and plan number 001. The latest loaded filing year is 2023. The filing reports 193 participants and $11,753,058 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$11.8MPlan net assets, end of year$11,753,058
Participants193Covered participants reported
Assets / participant$60.9KComputed: assets ÷ participants$60,897 (computed)
Provider compensation$109.5K3 Schedule C provider row(s)$109,470
- Plan sponsor
- Hazen Paper Company
- EIN
- 04-1429900
- Plan number
- 001
- Plan type
- 2
- Location
- Holyoke, MA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 193 | H, C | 20241009161201NAL0037646098001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$11.8M total assets
Net assets$11.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $11,753,058
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,753,058
- Net assets (BOY)
- $11,168,470
Income & contributions
- Employer contributions
- $321,502
- Total contributions
- $321,502
- Total income / additions
- $1,801,116
Expenses & distributions
- Benefits paid
- $998,457
- Administrative expenses
- $218,071
- Total expenses
- $1,216,528
- Net increase / (decrease)
- $584,588
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income55%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $89,147 | $0 | 2023 |
| H & H Investment Advisors | INVESTMENT ADVISORY | $0 | $11,836 | 2023 |
| Usi Advisors, Inc. | INVESTMENT ADVISORY | $0 | $8,487 | 2023 |