Bingaman & Son Lumber, Inc. Profit Sharing Plan — Form 5500 plan (Bingaman & Son Lumber, 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, Bingaman & Son Lumber, Inc. Profit Sharing Plan is a benefit plan reported by Bingaman & Son Lumber, Inc. under EIN 23-1694390 and plan number 001. The latest loaded filing year is 2023. The filing reports 224 participants and $18,070,409 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bingaman & Son Lumber, Inc.
- EIN
- 23-1694390
- Plan number
- 001
- Plan type
- 2
- Location
- Kreamer, PA
- Latest filing year
- 2023
- Participants
- 224
- End-of-year plan assets
- $18,070,409
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 224 | H, C | 20240909130401NAL0002375123001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,070,409
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,070,409
- Net assets (BOY)
- $15,881,536
Income & contributions
- Employer contributions
- $205,501
- Participant contributions
- $745,297
- Total contributions
- $2,058,442
- Total income / additions
- $4,390,382
Expenses & distributions
- Benefits paid
- $2,172,691
- Administrative expenses
- $77,609
- Total expenses
- $2,250,300
- Net increase / (decrease)
- $2,140,082
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMININSTRATOR | $73,697 | $0 | 2023 |
| Mml Investors Services, LLC | INVESTMENT ADVISORY | $0 | $33,347 | 2023 |
| The Retirement Advantage Inc | OTHER SERVICES | $588 | $8,390 | 2023 |
| Brown Schultz Sheridan & Fritz | ACCOUNTANT | $0 | $7,962 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bingaman & Son Lumber, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Kreamer, PA
- Principal Life Insurance Company — Schedule C compensation
- Mml Investors Services, LLC — Schedule C compensation
- The Retirement Advantage Inc — Schedule C compensation
- Brown Schultz Sheridan & Fritz — Schedule C compensation