Ufp Industries, Inc. Employees' Profit Sharing And 401(K) Plan — Form 5500 plan (Ufp Industries, 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, Ufp Industries, Inc. Employees' Profit Sharing And 401(K) Plan is a benefit plan reported by Ufp Industries, Inc under EIN 38-1465835 and plan number 001. The latest loaded filing year is 2023. The filing reports 18,440 participants and $734,620,059 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ufp Industries, Inc
EIN
38-1465835
Plan number
001
Plan type
2
Location
Grand Rapids, MI
Latest filing year
2023
Participants
18,440
End-of-year plan assets
$734,620,059

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202318,440H, C20240621131727NAL0002915457001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$734,620,059
Total liabilities (EOY)
$22,522
Net assets (EOY)
$734,597,537
Net assets (BOY)
$533,322,939

Income & contributions

Employer contributions
$8,824,663
Participant contributions
$41,180,327
Total contributions
$53,706,998
Total income / additions
$195,584,371

Expenses & distributions

Benefits paid
$45,942,627
Administrative expenses
$481,421
Total expenses
$46,424,048
Net increase / (decrease)
$149,160,323

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$670,787$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages