J.H. Hiers Construction 401(K) Profit Sharing Plan — Form 5500 plan (J.H. Hiers Construction, LLC)
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, J.H. Hiers Construction 401(K) Profit Sharing Plan is a benefit plan reported by J.H. Hiers Construction, LLC under EIN 20-1541350 and plan number 001. The latest loaded filing year is 2023. The filing reports 142 participants and $4,868,576 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$4.9MPlan net assets, end of year$4,868,576
Participants142Covered participants reported
Assets / participant$34.3KComputed: assets ÷ participants$34,286 (computed)
Provider compensation$3.2K2 Schedule C provider row(s)$3,200
- Plan sponsor
- J.H. Hiers Construction, LLC
- EIN
- 20-1541350
- Plan number
- 001
- Plan type
- 2
- Location
- Beaufort, SC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 142 | H, C | 20241001081334NAL0006782161001 |
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)$4.9M total assets
Net assets$4.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $4,868,576
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,868,576
- Net assets (BOY)
- $3,618,113
Income & contributions
- Employer contributions
- $291,898
- Participant contributions
- $508,289
- Total contributions
- $800,187
- Total income / additions
- $1,503,355
Expenses & distributions
- Benefits paid
- $222,368
- Administrative expenses
- $30,524
- Total expenses
- $252,892
- Net increase / (decrease)
- $1,250,463
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.
36%64%
Employer 36%Participant 64%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income15%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wilshire Associates Inc. (Usa) | INVESTMENT ADVISOR | $0 | $1,956 | 2023 |
| John Hancock Life Insurance Company | RECORD KEEPER | $1,244 | $0 | 2023 |