Hi-Tech Interiors, Inc. 401(K) Salary Reduction Plan & Trust — Form 5500 plan (Hi-Tech Interiors, 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, Hi-Tech Interiors, Inc. 401(K) Salary Reduction Plan & Trust is a benefit plan reported by Hi-Tech Interiors, Inc. under EIN 48-1141344 and plan number 001. The latest loaded filing year is 2023. The filing reports 335 participants and $7,547,452 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.5MPlan net assets, end of year$7,546,569
Participants335Covered participants reported
Assets / participant$22.5KComputed: assets ÷ participants$22,530 (computed)
Provider compensation$47.6K3 Schedule C provider row(s)$47,603
Plan sponsor
Hi-Tech Interiors, Inc.
EIN
48-1141344
Plan number
001
Plan type
3
Location
Manhattan, KS
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023335H, C20241015141627NAL0029939537001
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)$7.5M total assets
Net assets$7.5MLiabilities$883
Money in vs. money out
Total income / additions$2.2M
Total expenses$337.9K
Benefits paid / distributions$303.6K
Contributions
Employer$325.4K
Participant$789.1K
Full reported line items

Net assets

Total assets (EOY)
$7,547,452
Total liabilities (EOY)
$883
Net assets (EOY)
$7,546,569
Net assets (BOY)
$5,691,234

Income & contributions

Employer contributions
$325,372
Participant contributions
$789,128
Total contributions
$1,129,079
Total income / additions
$2,193,245

Expenses & distributions

Benefits paid
$303,615
Administrative expenses
$33,412
Total expenses
$337,910
Net increase / (decrease)
$1,855,335
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 29%Participant 71%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income14%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Gentry Private WealthADVISOR$30,000not reported in the loaded dataset2023
NationwideRECORDKEEPER$14,203not reported in the loaded dataset2023
Economic Group Pension SvcsTPA$3,400not reported in the loaded dataset2023

Related Form 5500 pages