Hendrick Manufacturing Co. Profit Sharing & Savings Plan — Form 5500 plan (Hendrick Manufacturing Co.)
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, Hendrick Manufacturing Co. Profit Sharing & Savings Plan is a benefit plan reported by Hendrick Manufacturing Co. under EIN 24-0609110 and plan number 005. The latest loaded filing year is 2023. The filing reports 226 participants and $31,999,050 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$32MPlan net assets, end of year$31,999,050
Participants226Covered participants reported
Assets / participant$141.6KComputed: assets ÷ participants$141,589 (computed)
Provider compensation$12.6K2 Schedule C provider row(s)$12,621
- Plan sponsor
- Hendrick Manufacturing Co.
- EIN
- 24-0609110
- Plan number
- 005
- Plan type
- 2
- Location
- Carbondale, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 226 | H, C | 20240918173537NAL0004913201001 |
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)$32M total assets
Net assets$32MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $31,999,050
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,999,050
- Net assets (BOY)
- $26,746,389
Income & contributions
- Employer contributions
- $594,245
- Participant contributions
- $1,118,569
- Total contributions
- $1,764,086
- Total income / additions
- $6,938,925
Expenses & distributions
- Benefits paid
- $1,673,643
- Administrative expenses
- $12,621
- Total expenses
- $1,686,264
- Net increase / (decrease)
- $5,252,661
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.
35%65%
Employer 35%Participant 65%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $10,108 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $2,513 | $0 | 2023 |