2023 Form 5500 filing — B.V. Hedrick Gravel And Sand Company Salary Deferral And Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240626160032NAL0008802497001) for B.V. Hedrick Gravel And Sand Company Salary Deferral And Profit Sharing Plan, reported by B.V. Hedrick Gravel And Sand Company under EIN 56-0257665 and plan number 002. It reports 174 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240626160032NAL0008802497001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- B.V. Hedrick Gravel And Sand Company
- EIN
- 56-0257665
- Plan number
- 002
- Location
- Salisbury, NC
- Participants
- 174
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,968,880
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,968,880
- Employer contributions
- $877,800
- Participant contributions
- $711,551
- Total income / additions
- $3,003,055
- Benefits paid
- $561,333
- Administrative expenses
- $50,998
- Total expenses
- $650,605
- Net increase / (decrease)
- $2,352,450
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $50,998 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |