Hingham Lumber Company Inc. 401(K) Plan — Form 5500 plan (Hingham Lumber Company 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, Hingham Lumber Company Inc. 401(K) Plan is a benefit plan reported by Hingham Lumber Company Inc. under EIN 04-2052403 and plan number 002. The latest loaded filing year is 2023. The filing reports 119 participants and $12,564,735 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.6MPlan net assets, end of year$12,564,735
Participants119Covered participants reported
Assets / participant$105.6KComputed: assets ÷ participants$105,586 (computed)
Provider compensation$50.6K2 Schedule C provider row(s)$50,602
Plan sponsor
Hingham Lumber Company Inc.
EIN
04-2052403
Plan number
002
Plan type
2
Location
Cohasset, MA
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    119 participants · 2Sch HSch C
    View filing →
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)$12.6M total assets
Net assets$12.6MLiabilities$0
Money in vs. money out
Total income / additions$2.8M
Total expenses$980.1K
Benefits paid / distributions$929.5K
Contributions
Employer$166.6K
Participant$356.1K
Full reported line items

Net assets

Total assets (EOY)
$12,564,735
Total liabilities (EOY)
$0
Net assets (EOY)
$12,564,735
Net assets (BOY)
$10,760,614

Income & contributions

Employer contributions
$166,632
Participant contributions
$356,110
Total contributions
$525,980
Total income / additions
$2,784,180

Expenses & distributions

Benefits paid
$929,457
Administrative expenses
$50,602
Total expenses
$980,059
Net increase / (decrease)
$1,804,121
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 32%Participant 68%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income33%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    ADVISOR · Direct $28.3K
  2. 2
    RECORDKEEPER · Direct $22.3K

What to inspect next

Frequently asked questions

Who sponsors the Hingham Lumber Company Inc. 401(K) Plan?
Hingham Lumber Company Inc. 401(K) Plan is reported as sponsored by Hingham Lumber Company Inc. (EIN 04-2052403, plan number 002) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Hingham Lumber Company Inc. 401(K) Plan?
The latest Form 5500 filing year loaded for Hingham Lumber Company Inc. 401(K) Plan is 2023.
How many participants does Hingham Lumber Company Inc. 401(K) Plan report?
Hingham Lumber Company Inc. 401(K) Plan reports 119 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Hingham Lumber Company Inc. 401(K) Plan?
Hingham Lumber Company Inc. 401(K) Plan reports $12,564,735 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages