Contractors Materials, LLC Cash Or Deferred Profit Sharing Plan And Trust — Form 5500 plan (Contractors Materials, LLC)

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, Contractors Materials, LLC Cash Or Deferred Profit Sharing Plan And Trust is a benefit plan reported by Contractors Materials, LLC under EIN 52-2020248 and plan number 001. The latest loaded filing year is 2023. The filing reports 154 participants and $6,205,300 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.2MPlan net assets, end of year$6,205,300
Participants154Covered participants reported
Assets / participant$40.3KComputed: assets ÷ participants$40,294 (computed)
Provider compensation$2.2K1 Schedule C provider row(s)$2,184
Plan sponsor
Contractors Materials, LLC
EIN
52-2020248
Plan number
001
Plan type
2
Location
New Castle, DE
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023154H, C20240920094642NAL0012748464001
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)$6.2M total assets
Net assets$6.2MLiabilities$0
Money in vs. money out
Total income / additions$1.3M
Total expenses$392.2K
Benefits paid / distributions$343.3K
Contributions
Employer$278.3K
Participant$238.4K
Full reported line items

Net assets

Total assets (EOY)
$6,205,300
Total liabilities (EOY)
$0
Net assets (EOY)
$6,205,300
Net assets (BOY)
$5,306,858

Income & contributions

Employer contributions
$278,280
Participant contributions
$238,428
Total contributions
$516,708
Total income / additions
$1,290,609

Expenses & distributions

Benefits paid
$343,289
Administrative expenses
$48,878
Total expenses
$392,167
Net increase / (decrease)
$898,442
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 54%Participant 46%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income27%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life InsuranceRECORDKEEPER$2,184not reported in the loaded dataset2023

Related Form 5500 pages