401(k) · DOL Form 5500 · 2023

Hancock Lumber Company, Inc. 401(k) Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
675
Participants Below avg headcount
84th
Percentile by assets National rank
$63,576
Avg per participant Low balance/head
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Official DOL plan name: Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan · Sponsored by Hancock Lumber Company, Inc. · Maine · Retail Trade

$43M in assets, 675 participants

Hancock Lumber Company, Inc.'s Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan reported $43M in total assets and 675 participants in its 2023 DOL Form 5500 filing, ranking in the 84th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,647 in Retail Trade (8,414 peers)

Where Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan sits by assets

Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan sits in the top quartile of all filed plans by assets, $43M for 675 participants (~$63,576/participant), up 24.9% in 2023.

#7,647
in Retail Trade (8,414 peers)
+24.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan's outsized position by total assets

Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$42,913,481 Top 16% higher than 84% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan sits mid-pack in the medium band (675 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan end-of-year assets rose from $34M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan reported participants rose from 567 in the plan year 2022 filing to 675 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 010439755 · Hancock Lumber Company, Inc. PY 2023 · 401(k)

Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan · $43M · 675 · 84th

  • IND $43M
  • IND 675
  • IND 84th
  • IND 401(k)
  • IND near Ellijay Telephone Company Profit Sharing Plan
  • IND ind #7647

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in Maine →

Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan in the asset neighbourhood

Aurubis Buffalo, Inc. 401(k) Retirement PlanAurubis Buffalo, Inc. 401(k)…$43MHancock Lumber Company, Inc. Profit Sharing/401(k) PlanHancock Lumber Company, Inc.…$43MEllijay Telephone Company Profit Sharing PlanEllijay Telephone Company Pr…$43MLeegin Creative Leather Products, LLC. 401(k) Profit Sharing PlanLeegin Creative Leather Prod…$43MPanhandle Anesthesiology Associates 401(k)Panhandle Anesthesiology Ass…$43M
End-of-year total assets ($M) among Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$43M
Net Income$9M
Employer EIN010439755
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hancock Lumber Company, Inc.)

Sponsor-wide plan assets over time

All Hancock Lumber Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$47M 36.87790791932033% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $34.4M $47M ▲ +36.9%
Year Plans Participants Total Assets
2022 1 567 $34M
2023 1 675 $43M
2024 1 690 $47M

Nearby 401(k) Plans in Maine

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan, Total assets ($B): 0.042913481 · Participants: 675Hancock Lumber Company, Inc. Profit Sharing/401(k) PlanTd 401(k) Retirement Plan, Total assets ($B): 4.942173822 · Participants: 30094Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.163858906 · Participants: 9604Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.048053529 · Participants: 6594Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 0.986043827 · Participants: 29370Hannaford Bros. Co. 401(k) PlanL.L. Bean 401(k) Retirement Savings Plan, Total assets ($B): 0.721305706 · Participants: 7173L.L. Bean 401(k) Retirement Savings Plan
Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Ellijay Telephone Company Profit Sharing Plan in GA ($43M); by covered participants it is Charles Komar & Sons, Inc. 401(k) Plan in NJ (675 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (675 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan assets move in 2023?
Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan grew sharply - up 24.9% during 2023, from $34M to $43M. Reported net income was $9M.
How have Hancock Lumber Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hancock Lumber Company, Inc.'s sponsor-wide assets grew 36.9%, from $34M to $47M.
Where does Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan rank by assets among Form 5500 filers?
Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ellijay Telephone Company Profit Sharing Plan in GA ($43M, 145 participants).
Which 401(k) plans cover a similar participant headcount to Hancock Lumber Company, Inc. Profit Sharing/401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Charles Komar & Sons, Inc. 401(k) Plan in NJ (675 participants, $83M in assets).