2023 Form 5500 filing — Lpl Financial LLC Profit Sharing 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240812133847NAL0016230864001) for Lpl Financial LLC Profit Sharing 401(K) Plan, reported by Lpl Financial LLC under EIN 95-2834236 and plan number 002. It reports 8,563 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240812133847NAL0016230864001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lpl Financial LLC
- EIN
- 95-2834236
- Plan number
- 002
- Location
- Fort Mill, SC
- Participants
- 8,563
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $754,074,616
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $754,074,616
- Employer contributions
- $33,180,230
- Participant contributions
- $66,853,667
- Total income / additions
- $241,805,004
- Benefits paid
- $49,110,095
- Administrative expenses
- $803,628
- Total expenses
- $50,264,714
- Net increase / (decrease)
- $191,540,290
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $507,656 | $0 |
| Mercer (Us) Inc Mercer Investments | INVESTMENT ADVISOR | $307,144 | not reported in the loaded dataset |
| Lavine Lofgren Morris & Engelberg L | AUDITOR | $26,900 | not reported in the loaded dataset |
| Gwfs Equities Inc | BROKERAGE | $1,575 | not reported in the loaded dataset |
| Qdro Consultants Co LLC | OTHER | $900 | not reported in the loaded dataset |
| Gwfs Equities Inc | BROKERAGE | $275 | not reported in the loaded dataset |
| Gwfs Equities Inc | BROKERAGE | $20 | not reported in the loaded dataset |
| Gwfs Equities Inc | BROKERAGE | $0 | $0 |