2023 Form 5500 filing — Lakeshirts, Inc. & Affiliates 401(K) Profit Sharing 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 20241015132908NAL0014719347001) for Lakeshirts, Inc. & Affiliates 401(K) Profit Sharing Plan, reported by Lakeshirts, Inc. under EIN 41-1771405 and plan number 001. It reports 661 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$13.5MReported net assets$13,478,912
Participants661
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241015132908NAL0014719347001
Plan sponsor
Lakeshirts, Inc.
EIN
41-1771405
Plan number
001
Location
Detroit Lakes, MN
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$13.5M total assets
Net assets$13.5MLiabilities$474
Money in vs. money out
Total income / additions$3.3M
Total expenses$819K
Benefits paid / distributions$737.3K
Contributions
Employer$320.4K
Participant$1M
Full reported line items
Total assets (EOY)
$13,479,386
Total liabilities (EOY)
$474
Net assets (EOY)
$13,478,912
Employer contributions
$320,402
Participant contributions
$1,017,888
Total income / additions
$3,305,158
Benefits paid
$737,318
Administrative expenses
$81,696
Total expenses
$819,014
Net increase / (decrease)
$2,486,144

Related Form 5500 pages