Hasc Center 401(K) Savings Plan — Form 5500 plan (Hasc Center Inc.)
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, Hasc Center 401(K) Savings Plan is a benefit plan reported by Hasc Center Inc. under EIN 11-2630071 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,522 participants and $12,058,212 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hasc Center Inc.
- EIN
- 11-2630071
- Plan number
- 001
- Plan type
- 2
- Location
- Brooklyn, NY
- Latest filing year
- 2023
- Participants
- 1,522
- End-of-year plan assets
- $12,058,212
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,522 | H, C | 20241014225734NAL0013915075001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,058,212
- Total liabilities (EOY)
- $18,547
- Net assets (EOY)
- $12,039,665
- Net assets (BOY)
- $10,561,096
Income & contributions
- Employer contributions
- $179,875
- Participant contributions
- $877,748
- Total contributions
- $1,057,623
- Total income / additions
- $2,465,614
Expenses & distributions
- Benefits paid
- $900,037
- Administrative expenses
- $87,008
- Total expenses
- $987,045
- Net increase / (decrease)
- $1,478,569
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Ins Co | CONTRACT ADMINISTRATOR | $86,467 | $0 | 2023 |
| S B H U Life Agency | OTHER SERVICES | $0 | $14,042 | 2023 |
| Associated Pension Consultants | CONTRACT ADMINISTRATOR | $595 | $9,840 | 2023 |
| Morningstar Investment Management | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Hasc Center Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Brooklyn, NY
- Principal Life Ins Co — Schedule C compensation
- S B H U Life Agency — Schedule C compensation
- Associated Pension Consultants — Schedule C compensation
- Morningstar Investment Management — Schedule C compensation