Hougen Manufacturing Inc 401k Plan — Form 5500 plan (Hougen Manufacturing 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, Hougen Manufacturing Inc 401k Plan is a benefit plan reported by Hougen Manufacturing Inc under EIN 38-1610348 and plan number 002. The latest loaded filing year is 2023. The filing reports 141 participants and $21,028,091 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hougen Manufacturing Inc
- EIN
- 38-1610348
- Plan number
- 002
- Plan type
- 2
- Location
- Swartz Creek, MI
- Latest filing year
- 2023
- Participants
- 141
- End-of-year plan assets
- $21,028,091
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 141 | H, C | 20241015160301NAL0029034497001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,028,091
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,028,091
- Net assets (BOY)
- $19,044,422
Income & contributions
- Employer contributions
- $304,137
- Participant contributions
- $337,620
- Total contributions
- $641,757
- Total income / additions
- $4,189,965
Expenses & distributions
- Benefits paid
- $2,201,582
- Administrative expenses
- $3,137
- Total expenses
- $2,206,296
- Net increase / (decrease)
- $1,983,669
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $3,137 | $0 | 2023 |