Handcraft Cleaners & Launderers, Inc. 401(K) Plan — Form 5500 plan (Handcraft Cleaners & Launderers, 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, Handcraft Cleaners & Launderers, Inc. 401(K) Plan is a benefit plan reported by Handcraft Cleaners & Launderers, Inc under EIN 54-0884061 and plan number 001. The latest loaded filing year is 2023. The filing reports 256 participants and $8,087,344 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.1MPlan net assets, end of year$8,087,344
Participants256Covered participants reported
Assets / participant$31.6KComputed: assets ÷ participants$31,591 (computed)
Provider compensation$3001 Schedule C provider row(s)
- Plan sponsor
- Handcraft Cleaners & Launderers, Inc
- EIN
- 54-0884061
- Plan number
- 001
- Plan type
- 2
- Location
- Richmond, VA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 256 | H, C | 20241007125701NAL0008883635001 |
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)$8.1M total assets
Net assets$8.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $8,087,344
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,087,344
- Net assets (BOY)
- $5,877,364
Income & contributions
- Employer contributions
- $373,799
- Participant contributions
- $680,927
- Total contributions
- $1,208,371
- Total income / additions
- $2,508,949
Expenses & distributions
- Benefits paid
- $241,439
- Administrative expenses
- $57,530
- Total expenses
- $298,969
- Net increase / (decrease)
- $2,209,980
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insurace Co.(Usa) | 15 | $300 | not reported in the loaded dataset | 2023 |