401(k)
2024 plan-year 401(k) DOL Form 5500

Hisense USA Corporation 401(k) Profit Sharing Plan & Trust

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

Sponsored by Hisense USA Corporation · Georgia · Administrative & Support Services

What the 2023 filing shows

Hisense USA Corporation 401(k) Profit Sharing Plan & Trust holds $20M for 239 participants — about $82,096 per participant, up 15.5% over the 2024 plan year.

$20M
total plan assets (2024 EOY)
239
covered participants
$82,096
avg assets per participant
+15.5%
assets growth YoY
Total Assets (2023)
$20M
Participants
239
State
Industry
Administrative & Support Services

What the Filing Says About Hisense USA Corporation 401(k) Profit Sharing Plan & Trust

Hisense USA Corporation 401(k) Profit Sharing Plan & Trust is a 401(k) retirement plan sponsored by Hisense USA Corporation, headquartered in Georgia. As of the 2024 Form 5500 filing, the plan reports $20M in total end-of-year assets and covers 239 participants across the Administrative & Support Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 954842698, and the plan has been effective since 2010-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $17M at the beginning of 2024 to $20M at year-end — a gain of 15.5%. Net assets (after liabilities) closed the year at $20M, with reported net income of $3M 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)$17M
Total Assets (End of Year)$20M
Net Assets (End of Year)$20M
Net Income$3M
Plan Type401(k)
Employer EIN954842698
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hisense USA Corporation)

Year Plans Participants Total Assets
2022 1 202 $11M
2023 1 208 $17M
2024 1 239 $20M

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Frequently Asked Questions

How much money is in the Hisense USA Corporation 401(k) Profit Sharing Plan & Trust?
As of the 2024 Form 5500 filing, Hisense USA Corporation 401(k) Profit Sharing Plan & Trust holds $20M in total assets with 239 participants. It is sponsored by Hisense USA Corporation.
What type of plan is Hisense USA Corporation 401(k) Profit Sharing Plan & Trust?
Hisense USA Corporation 401(k) Profit Sharing Plan & Trust is a 401(k) plan. It has been effective since 2010-01-01. The plan is filed with the U.S. Department of Labor under EIN 954842698.
Who sponsors the Hisense USA Corporation 401(k) Profit Sharing Plan & Trust?
Hisense USA Corporation 401(k) Profit Sharing Plan & Trust is sponsored by Hisense USA Corporation, located in Georgia. The sponsor's EIN is 954842698 and the plan operates in the Administrative & Support Services industry.
How did Hisense USA Corporation 401(k) Profit Sharing Plan & Trust perform in 2024?
Hisense USA Corporation 401(k) Profit Sharing Plan & Trust grew by 15.5% during 2024, moving from $17M to $20M in total assets. Net income was $3M.
Where can I find official filings for Hisense USA Corporation 401(k) Profit Sharing Plan & Trust?
Official Form 5500 filings for Hisense USA Corporation 401(k) Profit Sharing Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 954842698 or plan name at efast.dol.gov.
How does Hisense USA Corporation 401(k) Profit Sharing Plan & Trust compare to other plans?
You can compare Hisense USA Corporation 401(k) Profit Sharing Plan & Trust against other 401(k) plans on the plan type page, or view plans in Georgia 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 954842698.

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.