Williams Lumber Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Williams Lumber 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, Williams Lumber Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Williams Lumber Inc. under EIN 14-1279525 and plan number 002. The latest loaded filing year is 2023. The filing reports 366 participants and $12,744,046 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.7MPlan net assets, end of year$12,744,046
Participants366Covered participants reported
Assets / participant$34.8KComputed: assets ÷ participants$34,820 (computed)
Provider compensation$44.6K2 Schedule C provider row(s)$44,650
Plan sponsor
Williams Lumber Inc.
EIN
14-1279525
Plan number
002
Plan type
2
Location
Rhinebeck, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023366H, C20240708142754NAL0014241585001
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)$12.7M total assets
Net assets$12.7MLiabilities$0
Money in vs. money out
Total income / additions$2.4M
Total expenses$1.1M
Benefits paid / distributions$1M
Contributions
Employer$192.1K
Participant$632.4K
Full reported line items

Net assets

Total assets (EOY)
$12,744,046
Total liabilities (EOY)
$0
Net assets (EOY)
$12,744,046
Net assets (BOY)
$11,426,673

Income & contributions

Employer contributions
$192,082
Participant contributions
$632,378
Total contributions
$824,460
Total income / additions
$2,403,775

Expenses & distributions

Benefits paid
$1,038,002
Administrative expenses
$44,650
Total expenses
$1,086,402
Net increase / (decrease)
$1,317,373
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 23%Participant 77%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pasqua ThomasADVISOR$40,523not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$4,127$02023

Related Form 5500 pages