Hentzen Coatings, Inc. 401(K) And Profit Sharing Plan — Form 5500 plan (Hentzen Coatings, 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, Hentzen Coatings, Inc. 401(K) And Profit Sharing Plan is a benefit plan reported by Hentzen Coatings, Inc. under EIN 39-0714410 and plan number 001. The latest loaded filing year is 2023. The filing reports 308 participants and $33,279,476 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$33.3MPlan net assets, end of year$33,279,476
Participants308Covered participants reported
Assets / participant$108.1KComputed: assets ÷ participants$108,050 (computed)
Provider compensation$66.6K2 Schedule C provider row(s)$66,565
Plan sponsor
Hentzen Coatings, Inc.
EIN
39-0714410
Plan number
001
Plan type
2
Location
Milwaukee, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023308H, C20240712101619NAL0028136944001
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)$33.3M total assets
Net assets$33.3MLiabilities$0
Money in vs. money out
Total income / additions$7.3M
Total expenses$5.7M
Benefits paid / distributions$5.7M
Contributions
Employer$664.8K
Participant$1.8M
Full reported line items

Net assets

Total assets (EOY)
$33,279,476
Total liabilities (EOY)
$0
Net assets (EOY)
$33,279,476
Net assets (BOY)
$31,675,899

Income & contributions

Employer contributions
$664,841
Participant contributions
$1,778,694
Total contributions
$2,461,412
Total income / additions
$7,340,850

Expenses & distributions

Benefits paid
$5,660,246
Administrative expenses
$69,001
Total expenses
$5,737,273
Net increase / (decrease)
$1,603,577
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 27%Participant 73%
Total expenses ÷ net assets17%Computed ratio
Benefits paid ÷ total income77%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Spectrum Investment Advisors IncADVISOR$54,976not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$11,589$02023

Related Form 5500 pages