2023 Form 5500 filing — Hoffman Hoffman 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 20241126134238NAL0012265330001) for Hoffman Hoffman Inc Employee Stock Ownership Plan, reported by Hoffman & Hoffman, Inc. under EIN 56-0667189 and plan number 001. It reports 859 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241126134238NAL0012265330001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hoffman & Hoffman, Inc.
- EIN
- 56-0667189
- Plan number
- 001
- Location
- Greensboro, NC
- Participants
- 859
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $263,018,030
- Total liabilities (EOY)
- $14,434,895
- Net assets (EOY)
- $248,583,135
- Employer contributions
- $10,347,269
- Participant contributions
- $5,700,304
- Total income / additions
- $71,184,839
- Benefits paid
- $18,789,425
- Administrative expenses
- $171,546
- Total expenses
- $19,195,346
- Net increase / (decrease)
- $51,989,493
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Stanley Benefit Services | NONE | $77,153 | not reported in the loaded dataset |
| Lpl Holdings Inc. | NONE | $55,000 | not reported in the loaded dataset |
| Midatlantic Trust Co. | NONE | $39,393 | not reported in the loaded dataset |