Hafele America Co. Retirement Savings And Profit Sharing Plan — Form 5500 plan (Hafele America Co.)
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, Hafele America Co. Retirement Savings And Profit Sharing Plan is a benefit plan reported by Hafele America Co. under EIN 56-1952217 and plan number 001. The latest loaded filing year is 2023. The filing reports 616 participants and $49,165,246 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hafele America Co.
- EIN
- 56-1952217
- Plan number
- 001
- Plan type
- 2
- Location
- Archdale, NC
- Latest filing year
- 2023
- Participants
- 616
- End-of-year plan assets
- $49,165,246
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 616 | H, C | 20240927082929NAL0003207504001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $49,165,246
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $49,165,246
- Net assets (BOY)
- $40,751,262
Income & contributions
- Employer contributions
- $963,661
- Participant contributions
- $3,230,149
- Total contributions
- $5,154,708
- Total income / additions
- $12,770,741
Expenses & distributions
- Benefits paid
- $4,354,517
- Administrative expenses
- -$22,743
- Total expenses
- $4,356,757
- Net increase / (decrease)
- $8,413,984
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $13,298 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$36,041 | $0 | 2023 |