J&L Building Materials Inc. 401(K) Profit Sharing Plan — Form 5500 plan (J&L Building Materials 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, J&L Building Materials Inc. 401(K) Profit Sharing Plan is a benefit plan reported by J&L Building Materials Inc. under EIN 23-1533088 and plan number 002. The latest loaded filing year is 2023. The filing reports 163 participants and $22,154,404 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$22.1MPlan net assets, end of year$22,134,540
Participants163Covered participants reported
Assets / participant$135.9KComputed: assets ÷ participants$135,917 (computed)
Provider compensation$124.5K2 Schedule C provider row(s)$124,509
Plan sponsor
J&L Building Materials Inc.
EIN
23-1533088
Plan number
002
Plan type
2
Location
Frazer, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023163H, C20241010140200NAL0021144817007
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$22.2M total assets
Net assets$22.1MLiabilities$19.9K
Money in vs. money out
Total income / additions$4.8M
Total expenses$1.4M
Benefits paid / distributions$1.3M
Contributions
Employer$926.9K
Participant$767.7K
Full reported line items

Net assets

Total assets (EOY)
$22,154,404
Total liabilities (EOY)
$19,864
Net assets (EOY)
$22,134,540
Net assets (BOY)
$18,718,772

Income & contributions

Employer contributions
$926,948
Participant contributions
$767,680
Total contributions
$1,825,826
Total income / additions
$4,813,786

Expenses & distributions

Benefits paid
$1,269,532
Administrative expenses
$128,486
Total expenses
$1,398,018
Net increase / (decrease)
$3,415,768
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 55%Participant 45%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income26%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Co Of AmeRECORDKEEPER$83,712not reported in the loaded dataset2023
Lfa Limited Liability CoBROKER/ADVISERnot reported in the loaded dataset$40,7972023

Related Form 5500 pages