2023 Form 5500 filing — L.L. Bean 401(K) Retirement Savings 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 20240925122006NAL0014314369001) for L.L. Bean 401(K) Retirement Savings Plan, reported by Ll Bean Inc under EIN 01-0026590 and plan number 002. It reports 8,462 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240925122006NAL0014314369001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ll Bean Inc
- EIN
- 01-0026590
- Plan number
- 002
- Location
- Freeport, ME
- Participants
- 8,462
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $721,305,706
- Total liabilities (EOY)
- $18,692
- Net assets (EOY)
- $721,287,014
- Employer contributions
- $15,920,739
- Participant contributions
- $20,125,484
- Total income / additions
- $162,700,225
- Benefits paid
- $58,005,036
- Administrative expenses
- $468,791
- Total expenses
- $58,488,420
- Net increase / (decrease)
- $104,211,805
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $317,666 | $0 |
| Verrill Dana, Llp | ATTORNEY/LEGAL | $91,125 | not reported in the loaded dataset |
| Ubs Financial Servic | CONSULTANT | $60,000 | not reported in the loaded dataset |