Plan Ledger DOL Form 5500 · updated monthly

Hancock Lumber Company, Inc.401(k)

HANCOCK LUMBER COMPANY, INC. PROFIT SHARING/401(K) PLAN · CASCO, ME · plan year 2025

Reported admin expense ratio · 2025
0.30%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Hancock Lumber Company, Inc. reported $154,651 in plan administrative expenses for 2025: 0.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,849 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 4 years on file its reported administrative ratio has held roughly steady near 0.299%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other retail trade employers. By assets it is the 58th-largest of 354 plans among Maine employers on file, and the 593rd of 5,215 in retail trade. In 2025, employees put in $2.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$56,583,779
Participants with balances868
Active participants681
Employer contributions$1,259,046
Employee contributions$3,522,992
Employer contribution per active participant$1,849
Average account balance$65,189
Benefits paid to participants$3,697,049
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history4
Yearassets · accounts · employer contribution
2025$56.6M · 868 accts · $1.3M emplr
2024$47.0M · 820 accts · $1.2M emplr
2023$42.9M · 804 accts · $1.2M emplr
2022$34.4M · 744 accts · $978K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$154,651
Total administrative$154,651
The Hancock Lumber Company, Inc. 401(k) match · 2025
Employer contribution per active participant$1,849
Median for plans this size$4,093
2025$1,849 per active participant
2024$1,940 per active participant
2023$1,716 per active participant
2022$1,471 per active participant

Hancock Lumber Company, Inc.'s 2025 employer contribution ran below the $4,093 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
LEAFHOUSE FINANCIAL ADVISORS, LLC$25,179
LPL FINANCIAL LLCindirect comp
DOWNEAST PENSION SERVICES, INC. · Contract administratorindirect comp
NBT BANK DBA THE TPA EXPERTS · Contract administratorindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$154,651 · 0.30%
2024$133,983 · 0.30%
2023$102,673 · 0.27%
2022$108,814 · 0.30%
Same employer
Similar plansRetail Trade · Maine
Ll Bean Inc ME$803.4M · 0.06%
Delhaize America, LLC ME$286.6M · 0.07%
Hammond Lumber Company ME$65.5M · 0.13%
Darling's ME$44.6M · 0.03%
Chambers Leasing ME$39.4M · 0.06%
Lee Management Company ME$34.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010439755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.