Hissong Group, Inc. & Subsidiaries 401(K) Retirement Savings Plan — Form 5500 plan (Hissong Group, 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, Hissong Group, Inc. & Subsidiaries 401(K) Retirement Savings Plan is a benefit plan reported by Hissong Group, Inc. under EIN 34-1262196 and plan number 001. The latest loaded filing year is 2023. The filing reports 212 participants and $8,855,588 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.9MPlan net assets, end of year$8,855,588
Participants212Covered participants reported
Assets / participant$41.8KComputed: assets ÷ participants$41,772 (computed)
Provider compensation$59.1K2 Schedule C provider row(s)$59,113
Plan sponsor
Hissong Group, Inc.
EIN
34-1262196
Plan number
001
Plan type
2
Location
Bath, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023212H, C20240903084259NAL0009131427001
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)$8.9M total assets
Net assets$8.9MLiabilities$0
Money in vs. money out
Total income / additions$2.3M
Total expenses$302.5K
Benefits paid / distributions$238K
Contributions
Employer$286.6K
Participant$539.3K
Full reported line items

Net assets

Total assets (EOY)
$8,855,588
Total liabilities (EOY)
$0
Net assets (EOY)
$8,855,588
Net assets (BOY)
$6,820,157

Income & contributions

Employer contributions
$286,650
Participant contributions
$539,276
Total contributions
$828,908
Total income / additions
$2,337,952

Expenses & distributions

Benefits paid
$237,981
Administrative expenses
$61,406
Total expenses
$302,521
Net increase / (decrease)
$2,035,431

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Huntington National BankADVISOR$31,734not reported in the loaded dataset2023
Newport Group, Inc.RECORDKEEPER$27,379$02023

Related Form 5500 pages