401(k)
2023 plan-year 401(k) DOL Form 5500

Straehle Hess USA, Inc. 401(k) Plan

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

Sponsored by Straehle Hes USA, Inc. · Alabama · Manufacturing

What the 2023 filing shows

Straehle Hess USA, Inc. 401(k) Plan holds $556K for 70 participants — about $7,940 per participant, up 14.1% over the 2023 plan year.

$556K
total plan assets (2023 EOY)
70
covered participants
$7,940
avg assets per participant
+14.1%
assets growth YoY
Total Assets (2023)
$556K
Participants
70
State
Industry
Manufacturing

What the Filing Says About Straehle Hess USA, Inc. 401(k) Plan

Straehle Hess USA, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Straehle Hes USA, Inc., headquartered in Alabama. As of the 2023 Form 5500 filing, the plan reports $556K in total end-of-year assets and covers 70 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 432058590, and the plan has been effective since 2013-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $487K at the beginning of 2023 to $556K at year-end — a gain of 14.1%. Net assets (after liabilities) closed the year at $556K, with reported net income of $69K 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 1 prior plan-year filing 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)$487K
Total Assets (End of Year)$556K
Net Assets (End of Year)$556K
Net Income$69K
Plan Type401(k)
Employer EIN432058590
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Straehle Hes USA, Inc.)

Year Plans Participants Total Assets
2023 1 70 $556K
2024 1 71 $709K

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Frequently Asked Questions

How much money is in the Straehle Hess USA, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Straehle Hess USA, Inc. 401(k) Plan holds $556K in total assets with 70 participants. It is sponsored by Straehle Hes USA, Inc..
What type of plan is Straehle Hess USA, Inc. 401(k) Plan?
Straehle Hess USA, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2013-01-01. The plan is filed with the U.S. Department of Labor under EIN 432058590.
Who sponsors the Straehle Hess USA, Inc. 401(k) Plan?
Straehle Hess USA, Inc. 401(k) Plan is sponsored by Straehle Hes USA, Inc., located in Alabama. The sponsor's EIN is 432058590 and the plan operates in the Manufacturing industry.
How did Straehle Hess USA, Inc. 401(k) Plan perform in 2023?
Straehle Hess USA, Inc. 401(k) Plan grew by 14.1% during 2023, moving from $487K to $556K in total assets. Net income was $69K.
Where can I find official filings for Straehle Hess USA, Inc. 401(k) Plan?
Official Form 5500 filings for Straehle Hess USA, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 432058590 or plan name at efast.dol.gov.
How does Straehle Hess USA, Inc. 401(k) Plan compare to other plans?
You can compare Straehle Hess USA, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Alabama 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 432058590.

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.