The Hamlin Companies, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (The Hamlin Companies, 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, The Hamlin Companies, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by The Hamlin Companies, Inc. under EIN 56-1390568 and plan number 001. The latest loaded filing year is 2023. The filing reports 166 participants and $12,727,141 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Hamlin Companies, Inc.
EIN
56-1390568
Plan number
001
Plan type
2
Location
Garner, NC
Latest filing year
2023
Participants
166
End-of-year plan assets
$12,727,141

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023166H, C20240910110922NAL0005568209001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,727,141
Total liabilities (EOY)
$0
Net assets (EOY)
$12,727,141
Net assets (BOY)
$12,655,456

Income & contributions

Employer contributions
$333,743
Participant contributions
$710,326
Total contributions
$1,044,069
Total income / additions
$2,881,818

Expenses & distributions

Benefits paid
$2,746,405
Administrative expenses
$63,728
Total expenses
$2,810,133
Net increase / (decrease)
$71,685

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$63,727$02023
Principal Securities IncOTHER SERVICES$0$1,8022023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages