401(k)
2022 plan-year 401(k) DOL Form 5500

Hb Performance Systems, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Hb Performance Systems, Inc. · Wisconsin · Manufacturing

What the 2023 filing shows

Hb Performance Systems, Inc. 401(k) Plan holds $19M for 128 participants — about $146,032 per participant, down 8.5% over the 2022 plan year.

$19M
total plan assets (2022 EOY)
128
covered participants
$146,032
avg assets per participant
-8.5%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$19M
Participants
128
State
Industry
Manufacturing

What the Filing Says About Hb Performance Systems, Inc. 401(k) Plan

Hb Performance Systems, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Hb Performance Systems, Inc., headquartered in Wisconsin. As of the 2022 Form 5500 filing, the plan reports $19M in total end-of-year assets and covers 128 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 202905208, and the plan has been effective since 2005-06-08. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $20M at the beginning of 2022 to $19M at year-end — a decline of 8.5%. Net assets (after liabilities) closed the year at $19M, with reported net income of $-1,729,174 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$20M
Total Assets (End of Year)$19M
Net Assets (End of Year)$19M
Net Income$-1,729,174
Plan Type401(k)
Employer EIN202905208
Plan Effective Date2005-06-08
Filing StatusFILING RECEIVED

Sponsor Plan History (Hb Performance Systems, Inc.)

Year Plans Participants Total Assets
2022 3 289 $31M
2023 2 155 $31M
2024 3 204 $33M

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Frequently Asked Questions

How much money is in the Hb Performance Systems, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Hb Performance Systems, Inc. 401(k) Plan holds $19M in total assets with 128 participants. It is sponsored by Hb Performance Systems, Inc..
What type of plan is Hb Performance Systems, Inc. 401(k) Plan?
Hb Performance Systems, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2005-06-08. The plan is filed with the U.S. Department of Labor under EIN 202905208.
Who sponsors the Hb Performance Systems, Inc. 401(k) Plan?
Hb Performance Systems, Inc. 401(k) Plan is sponsored by Hb Performance Systems, Inc., located in Wisconsin. The sponsor's EIN is 202905208 and the plan operates in the Manufacturing industry.
How did Hb Performance Systems, Inc. 401(k) Plan perform in 2022?
Hb Performance Systems, Inc. 401(k) Plan declined by 8.5% during 2022, moving from $20M to $19M in total assets. Net income was $-1,729,174.
Where can I find official filings for Hb Performance Systems, Inc. 401(k) Plan?
Official Form 5500 filings for Hb Performance Systems, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 202905208 or plan name at efast.dol.gov.
How does Hb Performance Systems, Inc. 401(k) Plan compare to other plans?
You can compare Hb Performance Systems, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Wisconsin on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 202905208.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.