2023 Form 5500 filing — Bingaman & Son Lumber, Inc. 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 20240909130401NAL0002375123001) for Bingaman & Son Lumber, Inc. Profit Sharing Plan, reported by Bingaman & Son Lumber, Inc. under EIN 23-1694390 and plan number 001. It reports 224 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240909130401NAL0002375123001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bingaman & Son Lumber, Inc.
- EIN
- 23-1694390
- Plan number
- 001
- Location
- Kreamer, PA
- Participants
- 224
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,070,409
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,070,409
- Employer contributions
- $205,501
- Participant contributions
- $745,297
- Total income / additions
- $4,390,382
- Benefits paid
- $2,172,691
- Administrative expenses
- $77,609
- Total expenses
- $2,250,300
- Net increase / (decrease)
- $2,140,082
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMININSTRATOR | $73,697 | $0 |
| Mml Investors Services, LLC | INVESTMENT ADVISORY | $0 | $33,347 |
| The Retirement Advantage Inc | OTHER SERVICES | $588 | $8,390 |
| Brown Schultz Sheridan & Fritz | ACCOUNTANT | $0 | $7,962 |