Doug Ashy Building Materials, Inc. Profit Sharing 401(K) Plan — Form 5500 plan (Doug Ashy Building Materials, 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, Doug Ashy Building Materials, Inc. Profit Sharing 401(K) Plan is a benefit plan reported by Doug Ashy Building Materials, Inc. under EIN 72-0537573 and plan number 002. The latest loaded filing year is 2023. The filing reports 288 participants and $14,661,957 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14.7MPlan net assets, end of year$14,661,957
Participants288Covered participants reported
Assets / participant$50.9KComputed: assets ÷ participants$50,910 (computed)
Provider compensation$100.1K2 Schedule C provider row(s)$100,100
Plan sponsor
Doug Ashy Building Materials, Inc.
EIN
72-0537573
Plan number
002
Plan type
2
Location
Lafayette, LA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023288H, C20240725110849NAL0014352161001
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)$14.7M total assets
Net assets$14.7MLiabilities$0
Money in vs. money out
Total income / additions$2.8M
Total expenses$1.2M
Benefits paid / distributions$1.2M
Contributions
Employer$190.8K
Participant$552.4K
Full reported line items

Net assets

Total assets (EOY)
$14,661,957
Total liabilities (EOY)
$0
Net assets (EOY)
$14,661,957
Net assets (BOY)
$13,084,864

Income & contributions

Employer contributions
$190,767
Participant contributions
$552,383
Total contributions
$743,150
Total income / additions
$2,805,023

Expenses & distributions

Benefits paid
$1,224,995
Administrative expenses
$2,935
Total expenses
$1,227,930
Net increase / (decrease)
$1,577,093
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 26%Participant 74%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income44%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Stancorp Financial GroupNONE$98,849not reported in the loaded dataset2023
Mass Mutual Life Insurance CoNONE$1,251not reported in the loaded dataset2023

Related Form 5500 pages