Hyper Networks LLC 401 K Plan — Form 5500 plan (Hyper Networks 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, Hyper Networks LLC 401 K Plan is a benefit plan reported by Hyper Networks LLC under EIN 81-3861064 and plan number 001. The latest loaded filing year is 2023. The filing reports 244 participants and $747,017 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hyper Networks LLC
EIN
81-3861064
Plan number
001
Plan type
2
Location
Pineville, NC
Latest filing year
2023
Participants
244
End-of-year plan assets
$747,017

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023244H, C20241007064643NAL0007399347001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$747,017
Total liabilities (EOY)
$0
Net assets (EOY)
$747,017
Net assets (BOY)
$474,650

Income & contributions

Participant contributions
$267,270
Total contributions
$267,270
Total income / additions
$371,295

Expenses & distributions

Benefits paid
$91,941
Administrative expenses
$6,980
Total expenses
$98,928
Net increase / (decrease)
$272,367

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$6,980$02023

Related Form 5500 pages