2023 Form 5500 filing — Bingaman & Son Lumber, Inc. Employee Stock Ownership 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 20240909131927NAL0002381331001) for Bingaman & Son Lumber, Inc. Employee Stock Ownership Plan, reported by Bingaman & Son Lumber, Inc. under EIN 23-1694390 and plan number 002. It reports 232 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240909131927NAL0002381331001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bingaman & Son Lumber, Inc.
- EIN
- 23-1694390
- Plan number
- 002
- Location
- Kreamer, PA
- Participants
- 232
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,283,136
- Total liabilities (EOY)
- $2,378,372
- Net assets (EOY)
- $3,904,764
- Employer contributions
- $168,041
- Total income / additions
- -$113,031
- Benefits paid
- $194,486
- Administrative expenses
- $18,945
- Total expenses
- $270,706
- Net increase / (decrease)
- -$383,737
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal | PLAN ADMINISTRATOR | $16,445 | not reported in the loaded dataset |