2023 Form 5500 filing — Lord Electric Company Of Puerto Rico, Employees Retirement 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 20241218124422NAL0003684257001) for Lord Electric Company Of Puerto Rico, Employees Retirement Plan, reported by Lord Electric Company Of Puerto Ric , Inc. under EIN 66-0663585 and plan number 001. It reports 108 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241218124422NAL0003684257001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lord Electric Company Of Puerto Ric , Inc.
- EIN
- 66-0663585
- Plan number
- 001
- Location
- San Juan, PR
- Participants
- 108
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,618,660
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,618,660
- Employer contributions
- $81,998
- Participant contributions
- $404,982
- Total income / additions
- $2,176,394
- Benefits paid
- $50,597
- Administrative expenses
- $69,027
- Total expenses
- $119,624
- Net increase / (decrease)
- $2,056,770
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins. Co. Of America | RECORD KEEPER | $69,506 | $0 |
| Oriental Bank & Trust | OTHER | $26,746 | not reported in the loaded dataset |
| Rodriguez Torres | INVESTMENT ADVISOR | $15,499 | not reported in the loaded dataset |
| Mmlis | BROKER/ ADVISOR | $0 | $9,543 |
| Oriental Pension Consultants, Inc. | CONTRACT ADMIN | $45 | not reported in the loaded dataset |