2023 Form 5500 filing — Laramar Consolidated Group 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 20241008120309NAL0008314099001) for Laramar Consolidated Group 401(K) Plan, reported by The Laramar Group, LLC under EIN 36-4425080 and plan number 002. It reports 668 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008120309NAL0008314099001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- The Laramar Group, LLC
- EIN
- 36-4425080
- Plan number
- 002
- Location
- Denver, CO
- Participants
- 668
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,903,275
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,903,275
- Employer contributions
- $395,375
- Participant contributions
- $1,094,504
- Total income / additions
- $6,156,929
- Benefits paid
- $5,820,177
- Administrative expenses
- $111,858
- Total expenses
- $5,932,035
- Net increase / (decrease)
- $224,894
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $89,138 | $0 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $82,398 | $0 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $74,471 | $0 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $71,505 | $0 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $67,560 | $0 |
| Ima Wealth Inc | INVESTMENT ADVISORY | $37,387 | $113 |
| Ima Wealth Inc | INVESTMENT ADVISORY | $29,936 | $127 |
| Ima Wealth Inc | INVESTMENT ADVISORY | $29,964 | $36 |
| Truenorth Inc. | INVESTMENT ADVISORY | $29,985 | $15 |
| Truenorth Inc. | INVESTMENT ADVISORY | $29,961 | $24 |
| Ima Wealth Inc | OTHER SERVICES | $0 | $9,574 |