2023 Form 5500 filing — Hancock Lumber Company, Inc. Profit Sharing/401(K) 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 20240708133557NAL0012346689001) for Hancock Lumber Company, Inc. Profit Sharing/401(K) Plan, reported by Hancock Lumber Company, Inc. under EIN 01-0439755 and plan number 001. It reports 776 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240708133557NAL0012346689001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hancock Lumber Company, Inc.
- EIN
- 01-0439755
- Plan number
- 001
- Location
- Casco, ME
- Participants
- 776
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $42,913,481
- Net assets (EOY)
- $42,913,481
- Employer contributions
- $1,175,770
- Participant contributions
- $3,337,596
- Total income / additions
- $10,745,615
- Benefits paid
- $2,086,071
- Administrative expenses
- $102,673
- Total expenses
- $2,188,744
- Net increase / (decrease)
- $8,556,871
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annutiy Insurance Company | RECORDKEEPER | $94,181 | $0 |
| Lpl Financial LLC | BROKER/ ADVISOR | $0 | $36,936 |
| Leafhouse Financial Advisors, LLC | OTHER | $18,857 | $0 |
| Downeast Pension Services, Inc. | CONTRACT ADMIN | $0 | $10,000 |