Hercules Industries, Inc. 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Hercules Industries, 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, Hercules Industries, Inc. 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Hercules Industries, Inc. under EIN 84-0516481 and plan number 002. The latest loaded filing year is 2023. The filing reports 518 participants and $26,761,128 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hercules Industries, Inc.
EIN
84-0516481
Plan number
002
Plan type
2
Location
Denver, CO
Latest filing year
2023
Participants
518
End-of-year plan assets
$26,761,128

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023518H, C20241009153834NAL0019555969001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,761,128
Total liabilities (EOY)
$0
Net assets (EOY)
$26,761,128
Net assets (BOY)
$21,964,625

Income & contributions

Employer contributions
$1,006,225
Participant contributions
$1,772,098
Total contributions
$3,249,750
Total income / additions
$6,926,657

Expenses & distributions

Benefits paid
$2,028,955
Administrative expenses
$84,301
Total expenses
$2,130,154
Net increase / (decrease)
$4,796,503

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$51,192$02023
Innovest PortfolioINVESTMENT ADVISORY$33,109not reported in the loaded dataset2023

Related Form 5500 pages