Mike Hooks, L.L.C. 401(K) — Form 5500 plan (Mike Hooks, L.L.C.)

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, Mike Hooks, L.L.C. 401(K) is a benefit plan reported by Mike Hooks, L.L.C. under EIN 72-0491360 and plan number 001. The latest loaded filing year is 2023. The filing reports 184 participants and $6,528,522 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.5MPlan net assets, end of year$6,528,522
Participants184Covered participants reported
Assets / participant$35.5KComputed: assets ÷ participants$35,481 (computed)
Provider compensation$76.4K3 Schedule C provider row(s)$76,396
Plan sponsor
Mike Hooks, L.L.C.
EIN
72-0491360
Plan number
001
Plan type
2
Location
West Lake, LA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023184H, C20250110103716NAL0007919027001
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)$6.5M total assets
Net assets$6.5MLiabilities$0
Money in vs. money out
Total income / additions$1.6M
Total expenses$1.6M
Benefits paid / distributions$1.5M
Contributions
Employer$192.9K
Participant$628.5K
Full reported line items

Net assets

Total assets (EOY)
$6,528,522
Total liabilities (EOY)
$0
Net assets (EOY)
$6,528,522
Net assets (BOY)
$6,545,225

Income & contributions

Employer contributions
$192,918
Participant contributions
$628,506
Total contributions
$823,057
Total income / additions
$1,560,494

Expenses & distributions

Benefits paid
$1,524,380
Administrative expenses
$52,817
Total expenses
$1,577,197
Net increase / (decrease)
-$16,703
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 23%Participant 77%
Total expenses ÷ net assets24%Computed ratio
Benefits paid ÷ total income98%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$52,817$02023
Lpl Financial LLCOTHER SERVICES$0$23,5792023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages