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, Bingaman & Son Lumber, Inc. Employee Stock Ownership Plan is a benefit plan reported by Bingaman & Son Lumber, Inc. under EIN 23-1694390 and plan number 002. The latest loaded filing year is 2023. The filing reports 232 participants and $6,283,136 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,283,136
- Total liabilities (EOY)
- $2,378,372
- Net assets (EOY)
- $3,904,764
- Net assets (BOY)
- $4,288,501
Income & contributions
- Employer contributions
- $168,041
- Total contributions
- $168,041
- Total income / additions
- -$113,031
Expenses & distributions
- Benefits paid
- $194,486
- Administrative expenses
- $18,945
- Total expenses
- $270,706
- Net increase / (decrease)
- -$383,737