Burton Lumber & Hardware Co. 401(k) Plan: Login, Facts & Contact Information
Burton Lumber & Hardware Co. 401(k) Login
88 former Burton Lumber & Hardware Co. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2023 filing.
Burton Lumber & Hardware Co. 401(k) Plan Facts
Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 14, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $1.94 million went into the plan in contributions, $584,818 of it from the employer (30%).
- $242,645 was paid out to participants.
- Investment and other income added $2.63 million.
- Administrative expenses were $92,621, about $288 per account.
How the Burton Lumber & Hardware Co. 401(k) changed, 2012–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2012 | 245 | $3.59 million | — | $209,821 |
| 2013 | 249 | $4.53 million | — | $168,731 |
| 2014 | 266 | $4.90 million | $181,730 | $560,934 |
| 2021 | 370 | $16.4 million | $538,728 | $175,442 |
| 2022 | 383 | $14.7 million | $585,040 | $761,548 |
| 2023 | 398 | $18.8 million | $584,818 | $242,645 |
Burton Lumber & Hardware Co. 401(k) Contact Information
Questions about the Burton Lumber & Hardware Co. 401(k)
Does Burton Lumber & Hardware Co contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $584,818, 30% of all contributions.
Does the Burton Lumber & Hardware Co 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Burton Lumber & Hardware Co 401(k) plan?
398 participants at the start of plan year 2023, 286 of them active employees, and 88 former employees who still had money in the plan.
What is the average 401(k) balance at Burton Lumber & Hardware Co?
About $58,388 per account: $18.8 million in plan assets across 322 accounts with a balance at the end of plan year 2023.
Who manages the Burton Lumber & Hardware Co 401(k) accounts?
John Hancock is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Burton Lumber & Hardware Co. How do I access my 401(k)?
Your account stays with John Hancock after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.