Dr A B Hammond Pc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Dr A B Hammond Pc)

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, Dr A B Hammond Pc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Dr A B Hammond Pc under EIN 54-1902970 and plan number 001. The latest loaded filing year is 2023. The filing reports 10 participants and $1,394,162 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.4MPlan net assets, end of year$1,394,162
Participants10Covered participants reported
Assets / participant$139.4KComputed: assets ÷ participants$139,416 (computed)
Provider compensationNone reported
Plan sponsor
Dr A B Hammond Pc
EIN
54-1902970
Plan number
001
Plan type
2
Location
Lexington, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202310I20240430173248NAL0024953858001
Schedule I · 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)$1.4M total assets
Net assets$1.4MLiabilities$0
Money in vs. money out
Total income / additions$114.2K
Total expenses$168.3K
Benefits paid / distributions$166.7K
Contributions
Employer$6.4K
Participant$1.2K
Full reported line items

Net assets

Total assets (EOY)
$1,394,162
Total liabilities (EOY)
$0
Net assets (EOY)
$1,394,162
Net assets (BOY)
$1,448,222

Income & contributions

Employer contributions
$6,392
Participant contributions
$1,175
Total income / additions
$114,218

Expenses & distributions

Benefits paid
$166,652
Administrative expenses
$1,626
Total expenses
$168,278
Net increase / (decrease)
-$54,060
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 84%Participant 16%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income146%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages