Plan5500

Hoffman Hoffman Inc Employee Stock Ownership Plan — Form 5500 plan (Hoffman & Hoffman, 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, Hoffman Hoffman Inc Employee Stock Ownership Plan is a benefit plan reported by Hoffman & Hoffman, Inc. under EIN 56-0667189 and plan number 001. The latest loaded filing year is 2023. The filing reports 859 participants and $263,018,030 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hoffman & Hoffman, Inc.
EIN
56-0667189
Plan number
001
Plan type
2
Location
Greensboro, NC
Latest filing year
2023
Participants
859
End-of-year plan assets
$263,018,030

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023859H, C20241126134238NAL0012265330001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$263,018,030
Total liabilities (EOY)
$14,434,895
Net assets (EOY)
$248,583,135
Net assets (BOY)
$196,593,642

Income & contributions

Employer contributions
$10,347,269
Participant contributions
$5,700,304
Total contributions
$16,937,237
Total income / additions
$71,184,839

Expenses & distributions

Benefits paid
$18,789,425
Administrative expenses
$171,546
Total expenses
$19,195,346
Net increase / (decrease)
$51,989,493

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Stanley Benefit ServicesNONE$77,153not reported in the loaded dataset2023
Lpl Holdings Inc.NONE$55,000not reported in the loaded dataset2023
Midatlantic Trust Co.NONE$39,393not reported in the loaded dataset2023

Related Form 5500 pages