G.C. Hanford Mfg. Company Profit Sharing Plan — Form 5500 plan (G.C. Hanford Manufacturing Company)

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, G.C. Hanford Mfg. Company Profit Sharing Plan is a benefit plan reported by G.C. Hanford Manufacturing Company under EIN 15-0332110 and plan number 001. The latest loaded filing year is 2023. The filing reports 186 participants and $13,819,588 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.8MPlan net assets, end of year$13,819,588
Participants186Covered participants reported
Assets / participant$74.3KComputed: assets ÷ participants$74,299 (computed)
Provider compensation$30.1K2 Schedule C provider row(s)$30,123
Plan sponsor
G.C. Hanford Manufacturing Company
EIN
15-0332110
Plan number
001
Plan type
2
Location
Syracuse, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023186H, C20240920084843NAL0012661184001
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)$13.8M total assets
Net assets$13.8MLiabilities$0
Money in vs. money out
Total income / additions$2.8M
Total expenses$263.9K
Benefits paid / distributions$263.4K
Contributions
Employer$143K
Participant$417.9K
Full reported line items

Net assets

Total assets (EOY)
$13,819,588
Total liabilities (EOY)
$0
Net assets (EOY)
$13,819,588
Net assets (BOY)
$11,300,554

Income & contributions

Employer contributions
$143,033
Participant contributions
$417,888
Total contributions
$686,977
Total income / additions
$2,782,911

Expenses & distributions

Benefits paid
$263,377
Administrative expenses
$500
Total expenses
$263,877
Net increase / (decrease)
$2,519,034
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 25%Participant 75%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income9%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Hazard & Siegel IncADVISOR$0$29,6232023
Fidelity Investments InstitutionalRECORDKEEPER$500$02023

Related Form 5500 pages