Hoover Treated Wood Products, Inc. 401(K) Savings Plan — Form 5500 plan (Hoover Treated Wood Products, 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, Hoover Treated Wood Products, Inc. 401(K) Savings Plan is a benefit plan reported by Hoover Treated Wood Products, Inc. under EIN 58-1531214 and plan number 003. The latest loaded filing year is 2023. The filing reports 110 participants and $16,897,188 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.9MPlan net assets, end of year$16,897,188
Participants110Covered participants reported
Assets / participant$153.6KComputed: assets ÷ participants$153,611 (computed)
Provider compensationNone reported
Plan sponsor
Hoover Treated Wood Products, Inc.
EIN
58-1531214
Plan number
003
Plan type
2
Location
Thomson, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023110I20240906145601NAL0002074784001
Schedule I · 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)$16.9M total assets
Net assets$16.9MLiabilities$0
Money in vs. money out
Total income / additions$5.1M
Total expenses$1.4M
Benefits paid / distributions$1.4M
Contributions
Employer$576.1K
Participant$697.9K
Full reported line items

Net assets

Total assets (EOY)
$16,897,188
Total liabilities (EOY)
$0
Net assets (EOY)
$16,897,188
Net assets (BOY)
$12,249,329

Income & contributions

Employer contributions
$576,137
Participant contributions
$697,874
Total income / additions
$5,113,621

Expenses & distributions

Benefits paid
$1,418,936
Administrative expenses
$25
Total expenses
$1,418,961
Net increase / (decrease)
$3,694,660
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 45%Participant 55%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income28%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages