Hengst Of North America Retirement Savings Plan — Form 5500 plan (Hengst Of North America, 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, Hengst Of North America Retirement Savings Plan is a benefit plan reported by Hengst Of North America, Inc. under EIN 83-0419514 and plan number 001. The latest loaded filing year is 2023. The filing reports 267 participants and $7,234,184 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.2MPlan net assets, end of year$7,234,184
Participants267Covered participants reported
Assets / participant$27.1KComputed: assets ÷ participants$27,094 (computed)
Provider compensation$8.9K2 Schedule C provider row(s)$8,896
Plan sponsor
Hengst Of North America, Inc.
EIN
83-0419514
Plan number
001
Plan type
2
Location
Camden, SC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023267H, C20241004105131NAL0012118769001
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)$7.2M total assets
Net assets$7.2MLiabilities$0
Money in vs. money out
Total income / additions$1.9M
Total expenses$662.4K
Benefits paid / distributions$654.6K
Contributions
Employer$346.4K
Participant$537.7K
Full reported line items

Net assets

Total assets (EOY)
$7,234,184
Total liabilities (EOY)
$0
Net assets (EOY)
$7,234,184
Net assets (BOY)
$6,006,459

Income & contributions

Employer contributions
$346,432
Participant contributions
$537,718
Total contributions
$891,612
Total income / additions
$1,890,171

Expenses & distributions

Benefits paid
$654,630
Administrative expenses
$7,816
Total expenses
$662,446
Net increase / (decrease)
$1,227,725
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 39%Participant 61%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income35%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Advisory Group, LLCINVESTMENT MGMT$6,021not reported in the loaded dataset2023
Empower Annuity Ins Co Of AmericaRECORDKEEPER$2,875$02023

Related Form 5500 pages