Hyundai Power Transformers Usa 401(K) Plan — Form 5500 plan (Hyundai Power Transformers Usa)

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, Hyundai Power Transformers Usa 401(K) Plan is a benefit plan reported by Hyundai Power Transformers Usa under EIN 27-3200902 and plan number 001. The latest loaded filing year is 2023. The filing reports 332 participants and $6,711,891 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hyundai Power Transformers Usa
EIN
27-3200902
Plan number
001
Plan type
2
Location
Montgomery, AL
Latest filing year
2023
Participants
332
End-of-year plan assets
$6,711,891

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023332H, C20241017140736NAL0016383923001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,711,891
Total liabilities (EOY)
$50
Net assets (EOY)
$6,711,841
Net assets (BOY)
$5,425,642

Income & contributions

Employer contributions
$296,004
Participant contributions
$875,491
Total contributions
$1,184,070
Total income / additions
$2,189,730

Expenses & distributions

Benefits paid
$860,492
Administrative expenses
$43,039
Total expenses
$903,531
Net increase / (decrease)
$1,286,199

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Morgan Stanley Global Banking OperaADVISORY/SERVICE PROVIDE$23,040not reported in the loaded dataset2023
Nationwide Trust Company FsbADVISORY/SERVICE PROVIDE$12,172not reported in the loaded dataset2023
Avintus, LLCTPA$7,951not reported in the loaded dataset2023
NationwideRECORDKEEPER$6$3052023

Related Form 5500 pages