The Hana Group Ii, Inc. Retirement Plan — Form 5500 plan (Hbc Management Company, 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, The Hana Group Ii, Inc. Retirement Plan is a benefit plan reported by Hbc Management Company, Inc. under EIN 51-0548541 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,134 participants and $14,017,934 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14MPlan net assets, end of year$14,017,934
Participants1.1KCovered participants reported1,134
Assets / participant$12.4KComputed: assets ÷ participants$12,361 (computed)
Provider compensation$115.3K2 Schedule C provider row(s)$115,275
Plan sponsor
Hbc Management Company, Inc.
EIN
51-0548541
Plan number
001
Plan type
2
Location
Honolulu, HI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,134H, C20241011133406NAL0037062608001
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)$14M total assets
Net assets$14MLiabilities$0
Money in vs. money out
Total income / additions$4.6M
Total expenses$2.4M
Benefits paid / distributions$2.3M
Contributions
Employer$1.4M
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$14,017,934
Total liabilities (EOY)
$0
Net assets (EOY)
$14,017,934
Net assets (BOY)
$11,846,293

Income & contributions

Employer contributions
$1,412,666
Participant contributions
$1,050,575
Total contributions
$2,702,678
Total income / additions
$4,594,369

Expenses & distributions

Benefits paid
$2,251,006
Administrative expenses
$115,275
Total expenses
$2,422,728
Net increase / (decrease)
$2,171,641

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.RECORDKEEPER$69,787$02023
Trinity Retirement PlanningAVISOR$45,488not reported in the loaded dataset2023

Related Form 5500 pages