Hirsch Electric, LLC. 401 K Profit Sharing Plan — Form 5500 plan (Hirsch Electric, LLC.)
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, Hirsch Electric, LLC. 401 K Profit Sharing Plan is a benefit plan reported by Hirsch Electric, LLC. under EIN 52-2322452 and plan number 001. The latest loaded filing year is 2023. The filing reports 154 participants and $7,265,296 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hirsch Electric, LLC.
- EIN
- 52-2322452
- Plan number
- 001
- Plan type
- 2
- Location
- Baltimore, MD
- Latest filing year
- 2023
- Participants
- 154
- End-of-year plan assets
- $7,265,296
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 154 | H, C | 20241015112547NAL0014483171001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,265,296
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,265,296
- Net assets (BOY)
- $5,413,371
Income & contributions
- Employer contributions
- $519,761
- Participant contributions
- $480,916
- Total contributions
- $1,015,878
- Total income / additions
- $2,089,564
Expenses & distributions
- Benefits paid
- $196,797
- Administrative expenses
- $40,842
- Total expenses
- $237,639
- Net increase / (decrease)
- $1,851,925
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $21,198 | $9 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $17,655 | $0 | 2023 |
| Tiger'S Eye Benefits Consulting | CONTRACT ADMINISTRATOR | $2,015 | $2,866 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Hirsch Electric, LLC.
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Baltimore, MD
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Tiger'S Eye Benefits Consulting — Schedule C compensation