Harbin Lumber Co., Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Harbin Lumber Co., 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, Harbin Lumber Co., Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Harbin Lumber Co., Inc. under EIN 58-0530476 and plan number 001. The latest loaded filing year is 2023. The filing reports 365 participants and $13,277,985 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$13.3MPlan net assets, end of year$13,277,985
Participants365Covered participants reported
Assets / participant$36.4KComputed: assets ÷ participants$36,378 (computed)
Provider compensation$47.4K2 Schedule C provider row(s)$47,435
- Plan sponsor
- Harbin Lumber Co., Inc.
- EIN
- 58-0530476
- Plan number
- 001
- Plan type
- 2
- Location
- Lavonia, GA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 365 | H, C | 20240626135108NAL0005467971002 |
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)$13.3M total assets
Net assets$13.3MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $13,277,985
- Net assets (EOY)
- $13,277,985
- Net assets (BOY)
- $10,773,754
Income & contributions
- Employer contributions
- $565,773
- Participant contributions
- $962,938
- Total contributions
- $1,530,902
- Total income / additions
- $3,481,072
Expenses & distributions
- Benefits paid
- $929,406
- Administrative expenses
- $47,435
- Total expenses
- $976,841
- Net increase / (decrease)
- $2,504,231
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.
37%63%
Employer 37%Participant 63%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income27%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $29,996 | $0 | 2023 |
| Cambridge Investment Research Adv. | INVESTMENT ADVISORY-PLAN | $17,439 | not reported in the loaded dataset | 2023 |