The Hagerman Group 401(K) Plan — Form 5500 plan (Hagerman Construction Corporation)

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, The Hagerman Group 401(K) Plan is a benefit plan reported by Hagerman Construction Corporation under EIN 35-0813400 and plan number 001. The latest loaded filing year is 2023. The filing reports 220 participants and $14,609,237 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14.6MPlan net assets, end of year$14,609,237
Participants220Covered participants reported
Assets / participant$66.4KComputed: assets ÷ participants$66,406 (computed)
Provider compensation$52.7K2 Schedule C provider row(s)$52,747
Plan sponsor
Hagerman Construction Corporation
EIN
35-0813400
Plan number
001
Plan type
2
Location
Fort Wayne, IN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023220H, C20241002125643NAL0014348880001
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)$14.6M total assets
Net assets$14.6MLiabilities$0
Money in vs. money out
Total income / additions$4.6M
Total expenses$2M
Benefits paid / distributions$2M
Contributions
Employer$398.7K
Participant$1.6M
Full reported line items

Net assets

Total assets (EOY)
$14,609,237
Total liabilities (EOY)
$0
Net assets (EOY)
$14,609,237
Net assets (BOY)
$12,047,053

Income & contributions

Employer contributions
$398,709
Participant contributions
$1,568,643
Total contributions
$2,238,113
Total income / additions
$4,574,004

Expenses & distributions

Benefits paid
$1,958,880
Administrative expenses
$52,747
Total expenses
$2,011,820
Net increase / (decrease)
$2,562,184
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.

Contribution share (employer vs. participant)
Employer 20%Participant 80%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Shepherd Financial InvestmentADVISOR$32,165not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$20,582$02023

Related Form 5500 pages