Koopman Lumber, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Koopman 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, Koopman Lumber, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Koopman Lumber Company, Inc. under EIN 04-2514435 and plan number 001. The latest loaded filing year is 2023. The filing reports 499 participants and $24,211,591 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Koopman Lumber Company, Inc.
EIN
04-2514435
Plan number
001
Plan type
2
Location
Whitinsville, MA
Latest filing year
2023
Participants
499
End-of-year plan assets
$24,211,591

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023499H, C20241001124040NAL0006721777001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$24,211,591
Total liabilities (EOY)
$0
Net assets (EOY)
$24,211,591
Net assets (BOY)
$19,125,935

Income & contributions

Employer contributions
$277,685
Participant contributions
$1,810,888
Total contributions
$2,404,361
Total income / additions
$5,798,722

Expenses & distributions

Benefits paid
$632,157
Administrative expenses
$62,339
Total expenses
$713,066
Net increase / (decrease)
$5,085,656

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Concord Wealth PartnersRIA$53,574not reported in the loaded dataset2023
John Hancock Life Insurance CompanyRECORDKEEPER$1,190$02023

Related Form 5500 pages