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Form 5500 · Employee benefit plan · GREENSBORO, NC

HOFFMAN & HOFFMAN, INC.

The filing calls this plan HOFFMAN HOFFMAN INC EMPLOYEE STOCK OWNERSHIP PLAN.

HOFFMAN & HOFFMAN, INC. of GREENSBORO, NC files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is MURRAY LYNNE HARMSTON. Coverage is written through MASS MUTUAL LIFE INSURANCE CO.. The plan's most recent policy period ended in December.

Benefits broker of record
Policy year ends
Decemberas filed for plan year 2024

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 56-0667189 · plan 001 · plan year 2024, filed Oct 15, 2025

Get an email when this employer files a new Form 5500, and again about four months before its plan renews.

1,311 other employer plans in North Carolina have policy years ending in December. See the full list on the renewal calendar, or ask for it in Claude or ChatGPT.

How this plan is funded

Self-funded as reported

The filing reports benefits paid from the plan's own money, and no medical insurance contract on Schedule A.

A stop-loss policy appears on a Form 5500 only when the plan itself is the beneficiary, or the premiums are paid from plan money. Many employers buy stop-loss and never report it here. So a plan with no stop-loss on its filing may still have it.

All participants at the start of the year
1,033
Active at start of year
826
Active at end of year
969
Disclosed commissions
$3
Typical renewal
January 1

Benefits declared on this filing

Healthdeclared under plan 501
Dentaldeclared under plan 501
Visiondeclared under plan 501
Lifeinsured — MASS MUTUAL LIFE INSURANCE CO.2 of 1,033 participants (0.2%)
Disabilitydeclared under plan 501

Life: MASS MUTUAL LIFE INSURANCE CO. covers 2 of 1,033 participants (0.2%) on Schedule A.

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

The filing discloses a single insured line, life, through MASS MUTUAL LIFE INSURANCE CO..

Reported premium across the insured contracts is $429, with $3 in disclosed broker commissions — about 0.7% of premium.

The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
MASS MUTUAL LIFE INSURANCE CO.Life, Annuity / GIC2Jan 1, 2025$429$3

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
HOFFMAN & HOFFMAN, INC.
EIN 56-0667189
LPL HOLDINGS INC.
Named on Schedule C · EIN 04-3046611
$55,000
paid directly by the plan
MIDATLANTIC TRUST CO.
Custodian · Investment advisory · EIN 27-3169253
$37,988
paid directly by the plan

The plan administrator is from line 3a of the main form. The service providers are named on Schedule C of this filing. We publish company names only.

Reported to OSHA

Reported to OSHA for 2025: 400 employees, 0 recordable cases, 0 days away from work.

EmployeesThe company's own average for the year
400
Hours worked
800,957
Recordable cases
0
Days away from work
0
Establishments filed under this EIN
15

Source: OSHA Injury Tracking Application establishment data, 2025.

Money the plan held and paid out

Plan assets at year end
$406,197,121
Paid out in benefits
$12,371,824
Accountant's opinion (Schedule H, line 3a)
Unmodified

Sourced from U.S. DOL EFAST2 Form 5500 · Schedule H

These are the plan's own figures from Schedule H, the financial statement it files. They are not the premium on Schedule A.

Other plans filed by this employer

How this plan compares

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Renewal calendar

1,311 other employer plans in North Carolina are January 1 renewals (policy year ends December).

Their policy years end in December, like this plan’s, so most renew January 1. The calendar lists every insured group by renewal date and state, with broker of record, carrier and disclosed commission. You can preview the five largest in each month for free.

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