H & M Bay, Inc. Corporate Profit Sharing Plan — Form 5500 plan (H & M Bay, 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, H & M Bay, Inc. Corporate Profit Sharing Plan is a benefit plan reported by H & M Bay, Inc. under EIN 52-1930791 and plan number 002. The latest loaded filing year is 2023. The filing reports 519 participants and $16,752,522 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
H & M Bay, Inc.
EIN
52-1930791
Plan number
002
Plan type
2
Location
Federalsburg, MD
Latest filing year
2023
Participants
519
End-of-year plan assets
$16,752,522

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023519H, C20241009144106NAL0010729619001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$16,752,522
Total liabilities (EOY)
$0
Net assets (EOY)
$16,752,522
Net assets (BOY)
$13,789,445

Income & contributions

Employer contributions
$534,560
Participant contributions
$856,458
Total contributions
$1,393,093
Total income / additions
$3,658,444

Expenses & distributions

Benefits paid
$612,931
Administrative expenses
$76,729
Total expenses
$695,367
Net increase / (decrease)
$2,963,077

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln National CorporationSERVICE PROVIDER$76,729$02023

Related Form 5500 pages