Hancock Lumber Company, Inc. Profit Sharing/401(K) Plan — Form 5500 plan (Hancock Lumber Company, Inc.)
Plain-English plan 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, Hancock Lumber Company, Inc. Profit Sharing/401(K) Plan is a benefit plan reported by Hancock Lumber Company, Inc. under EIN 01-0439755 and plan number 001. The latest loaded filing year is 2023. The filing reports 776 participants and $42,913,481 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hancock Lumber Company, Inc.
- EIN
- 01-0439755
- Plan number
- 001
- Plan type
- 2
- Location
- Casco, ME
- Latest filing year
- 2023
- Participants
- 776
- End-of-year plan assets
- $42,913,481
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 776 | H, C | 20240708133557NAL0012346689001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $42,913,481
- Net assets (EOY)
- $42,913,481
- Net assets (BOY)
- $34,356,610
Income & contributions
- Employer contributions
- $1,175,770
- Participant contributions
- $3,337,596
- Total contributions
- $4,883,564
- Total income / additions
- $10,745,615
Expenses & distributions
- Benefits paid
- $2,086,071
- Administrative expenses
- $102,673
- Total expenses
- $2,188,744
- Net increase / (decrease)
- $8,556,871
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annutiy Insurance Company | RECORDKEEPER | $94,181 | $0 | 2023 |
| Lpl Financial LLC | BROKER/ ADVISOR | $0 | $36,936 | 2023 |
| Leafhouse Financial Advisors, LLC | OTHER | $18,857 | $0 | 2023 |
| Downeast Pension Services, Inc. | CONTRACT ADMIN | $0 | $10,000 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Hancock Lumber Company, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in ME
- 401(k) and benefit plan filings in Casco, ME
- Empower Annutiy Insurance Company — Schedule C compensation
- Lpl Financial LLC — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation
- Downeast Pension Services, Inc. — Schedule C compensation