Hb Performance Systems, Inc. 401(K) 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. 401(K) Plan is a benefit plan reported by Hb Performance Systems, Inc. under EIN 20-2905208 and plan number 003. The latest loaded filing year is 2023. The filing reports 199 participants and $20,762,543 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$20.8MPlan net assets, end of year$20,762,543
Participants199Covered participants reported
Assets / participant$104.3KComputed: assets ÷ participants$104,334 (computed)
Provider compensation$59.8K2 Schedule C provider row(s)$59,782
Plan sponsor
Hb Performance Systems, Inc.
EIN
20-2905208
Plan number
003
Plan type
2
Location
Mequon, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023199H, C20240903123206NAL0018924465001
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)$20.8M total assets
Net assets$20.8MLiabilities$0
Money in vs. money out
Total income / additions$5M
Total expenses$2.9M
Benefits paid / distributions$2.9M
Contributions
Employer$159.6K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$20,762,543
Total liabilities (EOY)
$0
Net assets (EOY)
$20,762,543
Net assets (BOY)
$18,692,146

Income & contributions

Employer contributions
$159,587
Participant contributions
$1,108,464
Total contributions
$1,579,023
Total income / additions
$4,994,939

Expenses & distributions

Benefits paid
$2,874,429
Administrative expenses
$50,113
Total expenses
$2,924,542
Net increase / (decrease)
$2,070,397
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.

Contribution share (employer vs. participant)
Employer 13%Participant 87%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income58%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$50,112$02023
Dana Investment Advisors IncINVESTMENT ADVISORY$0$9,6702023

Related Form 5500 pages