Horizon Communications, Inc. Employee Stock Ownership Plan — Form 5500 plan (Horizon Communications, 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, Horizon Communications, Inc. Employee Stock Ownership Plan is a benefit plan reported by Horizon Communications, Inc. under EIN 20-3083371 and plan number 001. The latest loaded filing year is 2023. The filing reports 127 participants and $10,550,860 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$10MPlan net assets, end of year$10,012,428
Participants127Covered participants reported
Assets / participant$83.1KComputed: assets ÷ participants$83,078 (computed)
Provider compensation$31.6K3 Schedule C provider row(s)$31,625
- Plan sponsor
- Horizon Communications, Inc.
- EIN
- 20-3083371
- Plan number
- 001
- Plan type
- 2
- Location
- Freedom, WY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 127 | H, C | 20241015160028NAL0016822771001 |
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)$10.6M total assets
Net assets$10MLiabilities$538.4K
Full reported line items
Net assets
- Total assets (EOY)
- $10,550,860
- Total liabilities (EOY)
- $538,432
- Net assets (EOY)
- $10,012,428
- Net assets (BOY)
- $10,410,405
Income & contributions
- Total contributions
- $0
- Total income / additions
- $1,245,356
Expenses & distributions
- Benefits paid
- $1,539,694
- Administrative expenses
- $55,180
- Total expenses
- $1,643,333
- Net increase / (decrease)
- -$397,977
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 assets16%Computed ratio
Benefits paid ÷ total income124%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Demars Pension Consulting | NONE | $13,500 | not reported in the loaded dataset | 2023 |
| Stern Brothers Valuation Advisors | NONE | $12,375 | not reported in the loaded dataset | 2023 |
| Wsrp Certified Public Accountants | NONE | $5,750 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Horizon Communications, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in WY
- 401(k) and benefit plan filings in Freedom, WY
- Demars Pension Consulting — Schedule C compensation
- Stern Brothers Valuation Advisors — Schedule C compensation
- Wsrp Certified Public Accountants — Schedule C compensation