2023 Form 5500 filing — Koopman Lumber, Inc. 401(K) Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241001124040NAL0006721777001) for Koopman Lumber, Inc. 401(K) Profit Sharing Plan, reported by Koopman Lumber Company, Inc. under EIN 04-2514435 and plan number 001. It reports 499 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001124040NAL0006721777001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Koopman Lumber Company, Inc.
- EIN
- 04-2514435
- Plan number
- 001
- Location
- Whitinsville, MA
- Participants
- 499
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,211,591
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,211,591
- Employer contributions
- $277,685
- Participant contributions
- $1,810,888
- Total income / additions
- $5,798,722
- Benefits paid
- $632,157
- Administrative expenses
- $62,339
- Total expenses
- $713,066
- Net increase / (decrease)
- $5,085,656
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Concord Wealth Partners | RIA | $53,574 | not reported in the loaded dataset |
| John Hancock Life Insurance Company | RECORDKEEPER | $1,190 | $0 |