Hb Performance Systems, Inc. Defined Benefit Plan — Form 5500 plan (Hb Performance Systems, 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, Hb Performance Systems, Inc. Defined Benefit Plan is a benefit plan reported by Hb Performance Systems, Inc. under EIN 20-2905208 and plan number 001. The latest loaded filing year is 2023. The filing reports 249 participants and $9,787,125 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9.8MPlan net assets, end of year$9,787,125
Participants249Covered participants reported
Assets / participant$39.3KComputed: assets ÷ participants$39,306 (computed)
Provider compensation$34.6K2 Schedule C provider row(s)$34,632
Plan sponsor
Hb Performance Systems, Inc.
EIN
20-2905208
Plan number
001
Plan type
2
Location
Mequon, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023249H, C20241003083157NAL0009634817001
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)$9.8M total assets
Net assets$9.8MLiabilities$0
Money in vs. money out
Total income / additions$901.1K
Total expenses$503.9K
Benefits paid / distributions$400.2K
Full reported line items

Net assets

Total assets (EOY)
$9,787,125
Total liabilities (EOY)
$0
Net assets (EOY)
$9,787,125
Net assets (BOY)
$9,389,923

Income & contributions

Total contributions
$0
Total income / additions
$901,110

Expenses & distributions

Benefits paid
$400,168
Administrative expenses
$103,740
Total expenses
$503,908
Net increase / (decrease)
$397,202
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 assets5%Computed ratio
Benefits paid ÷ total income44%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Dana Investment Advisors IncINVESTMENT ADVISORY$18,952not reported in the loaded dataset2023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$15,680$02023

Related Form 5500 pages