2023 Form 5500 filing — Scherer Bros. Lumber Co. 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 20241223153814NAL0015582784001) for Scherer Bros. Lumber Co. Employee Stock Ownership Plan, reported by Scherer Bros Lumber Co under EIN 41-0678286 and plan number 006. It reports 257 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$13.1MReported net assets$13,100,768
Participants257
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241223153814NAL0015582784001
Plan sponsor
Scherer Bros Lumber Co
EIN
41-0678286
Plan number
006
Location
Brooklyn Park, MN
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$13.1M total assets
Net assets$13.1MLiabilities$0
Money in vs. money out
Total income / additions$2.7M
Total expenses$2.4M
Benefits paid / distributions$2.4M
Contributions
Employer$665K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$13,100,768
Total liabilities (EOY)
$0
Net assets (EOY)
$13,100,768
Employer contributions
$665,000
Total income / additions
$2,686,455
Benefits paid
$2,391,217
Administrative expenses
$0
Total expenses
$2,391,217
Net increase / (decrease)
$295,238

Related Form 5500 pages