Plan5500

Hamel Group 401(K) Profit Sharing Plan — Form 5500 plan (Hamel Builders, 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, Hamel Group 401(K) Profit Sharing Plan is a benefit plan reported by Hamel Builders, Inc. under EIN 52-2110508 and plan number 001. The latest loaded filing year is 2023. The filing reports 172 participants and $13,645,832 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hamel Builders, Inc.
EIN
52-2110508
Plan number
001
Plan type
2
Location
Elkridge, MD
Latest filing year
2023
Participants
172
End-of-year plan assets
$13,645,832

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023172H, C20241001094734NAL0011296448001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$13,645,832
Total liabilities (EOY)
$48,788
Net assets (EOY)
$13,597,044
Net assets (BOY)
$11,874,652

Income & contributions

Employer contributions
$575,000
Participant contributions
$896,602
Total contributions
$1,525,273
Total income / additions
$3,040,689

Expenses & distributions

Benefits paid
$1,256,219
Administrative expenses
$13,290
Total expenses
$1,318,297
Net increase / (decrease)
$1,722,392

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$10,348$02023
Empower Advisory Group, LLCINVESTMENT MGMT$2,942not reported in the loaded dataset2023

Related Form 5500 pages