Building Plastics, Inc. Employee Stock Ownership Plan — Form 5500 plan (Building Plastics, 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, Building Plastics, Inc. Employee Stock Ownership Plan is a benefit plan reported by Building Plastics, Inc. under EIN 62-1073161 and plan number 002. The latest loaded filing year is 2023. The filing reports 706 participants and $50,510,899 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$50.5MPlan net assets, end of year$50,510,899
Participants706Covered participants reported
Assets / participant$71.5KComputed: assets ÷ participants$71,545 (computed)
Provider compensationNone reported
Plan sponsor
Building Plastics, Inc.
EIN
62-1073161
Plan number
002
Plan type
2
Location
Memphis, TN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023706H20241013135003NAL0012448643001
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)$50.5M total assets
Net assets$50.5MLiabilities$0
Money in vs. money out
Total income / additions$8.7M
Total expenses$1.8M
Benefits paid / distributions$1.8M
Contributions
Employer$1.6M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$50,510,899
Total liabilities (EOY)
$0
Net assets (EOY)
$50,510,899
Net assets (BOY)
$43,523,278

Income & contributions

Employer contributions
$1,600,000
Total contributions
$1,600,000
Total income / additions
$8,741,315

Expenses & distributions

Benefits paid
$1,750,130
Administrative expenses
$3,564
Total expenses
$1,753,694
Net increase / (decrease)
$6,987,621
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.

Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income20%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages