Hanwha Vision America Retirement Plan — Form 5500 plan (Hanwha Vision America, 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, Hanwha Vision America Retirement Plan is a benefit plan reported by Hanwha Vision America, Inc. under EIN 22-3015117 and plan number 001. The latest loaded filing year is 2023. The filing reports 305 participants and $17,269,350 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hanwha Vision America, Inc.
EIN
22-3015117
Plan number
001
Plan type
2
Location
Ridgefield Park, NJ
Latest filing year
2023
Participants
305
End-of-year plan assets
$17,269,350

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023305H, C20241015081223NAL0048450944001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$17,269,350
Total liabilities (EOY)
$0
Net assets (EOY)
$17,269,350
Net assets (BOY)
$12,500,169

Income & contributions

Employer contributions
$530,836
Participant contributions
$2,292,361
Total contributions
$4,100,300
Total income / additions
$6,474,064

Expenses & distributions

Benefits paid
$1,620,766
Administrative expenses
$84,117
Total expenses
$1,704,883
Net increase / (decrease)
$4,769,181

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$67,243$02023
Voya Financial Advisors IncOTHER SERVICES$0$28,2782023
Cooper SavasACCOUNTANT$11,998not reported in the loaded dataset2023
Orenda Retirement LLCCONTRACT ADMINISTRATOR$4,876$5,6572023
Morningstar Investment Management LINV ADV, PARTICIPANT$0$02023
Wilshire Associates IncorporatedINVESTMENT ADVISORY$0$02023

Related Form 5500 pages