Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT

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

HANON SYSTEMS USA, LLC

This Profit Sharing plan holds $4M in total assets and serves 165 participants as of 2023. It is sponsored by HANON SYSTEMS USA, LLC in Ohio. The plan reported positive net income of $698K for the year.

Total Assets (2023)
$4M
Participants
165
State
Industry
Manufacturing

What the Filing Says About HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT

HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT is a Profit Sharing retirement plan sponsored by HANON SYSTEMS USA, LLC, headquartered in Ohio. As of the 2023 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 165 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 611697358, and the plan has been effective since 2016-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2023 to $4M at year-end — a gain of 23.0%. Net assets (after liabilities) closed the year at $4M, with reported net income of $698K 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)$3M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$698K
Plan TypeProfit Sharing
Employer EIN611697358
Plan Effective Date2016-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HANON SYSTEMS USA, LLC)

Year Plans Participants Total Assets
2022 2 561 $67M
2023 2 508 $88M
2024 2 596 $108M

Nearby Profit Sharing Plans in Ohio

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT?
As of the 2023 Form 5500 filing, HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT holds $4M in total assets with 165 participants. It is sponsored by HANON SYSTEMS USA, LLC.
What type of plan is HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT?
HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT is a Profit Sharing plan. It has been effective since 2016-11-01. The plan is filed with the U.S. Department of Labor under EIN 611697358.
Who sponsors the HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT?
HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT is sponsored by HANON SYSTEMS USA, LLC, located in Ohio. The sponsor's EIN is 611697358 and the plan operates in the Manufacturing industry.
How did HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT perform in 2023?
HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT grew by 23.0% during 2023, moving from $3M to $4M in total assets. Net income was $698K.
Where can I find official filings for HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT?
Official Form 5500 filings for HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 611697358 or plan name at efast.dol.gov.
How does HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT compare to other plans?
You can compare HANON SYSTEMS USA, LLC 401(K) PLAN FOR CAREY PLANT against other Profit Sharing plans on the plan type page, or view plans in Ohio 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 611697358.

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 official public datasets. See our methodology for details.