Koopman Lumber, Inc. 401(k) Plan: Login, Facts & Contact Information

Koopman Lumber, Inc. 401(k) Plan Facts

Plan name
KOOPMAN LUMBER COMPANY, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
KOOPMAN LUMBER COMPANY, INC.
Participants
548 (381 active employees)
Former employees with a balance
152
Plan assets
$29,591,191 at Dec 31, 2024
Average account balance
$57,795 across 512 accounts
Employer contributions
$300,181 in plan year 2024 (8% of all contributions)
Recordkeeper
John Hancock Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1993
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.82 million went into the plan in contributions, $300,181 of it from the employer (8%).
  • $1.79 million was paid out to participants.
  • Investment and other income added $3.39 million.
  • Administrative expenses were $82,280, about $161 per account.

How the Koopman Lumber, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019335$13.7 million$152,480$645,136
2020372$16.3 million$162,780$610,376
2021369$19.6 million$191,715$457,029
2022384$19.1 million$241,216$548,897
2023499$24.2 million$277,685$632,157
2024548$29.6 million$300,181$1.79 million

Koopman Lumber, Inc. 401(k) Contact Information

Phone
508-234-4545
Mailing address
665 CHURCH STREET, WHITINSVILLE MA 015882116
Plan sponsor
KOOPMAN LUMBER COMPANY, INC.
Employer identification number (EIN)
04-2514435
Plan number
001

Questions about the Koopman Lumber, Inc. 401(k)

Does Koopman Lumber, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $300,181, 8% of all contributions.

Does the Koopman Lumber, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Koopman Lumber, Inc 401(k) plan?

548 participants at the start of plan year 2024, 381 of them active employees, and 152 former employees who still had money in the plan.

What is the average 401(k) balance at Koopman Lumber, Inc?

About $57,795 per account: $29.6 million in plan assets across 512 accounts with a balance at the end of plan year 2024.

Who manages the Koopman Lumber, Inc 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Koopman Lumber, Inc. 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.

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