2023 Form 5500 filing — L&M Family Of Companies 401(K) And 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 20250501101831NAL0003064881001) for L&M Family Of Companies 401(K) And Profit Sharing Plan, reported by L&M Companies, Inc. under EIN 56-0811549 and plan number 001. It reports 275 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 3 · 2023
Filing snapshot
Net assets (EOY)$45.6MReported net assets$45,566,338
Participants275
Provider compensation$80.8K3 Schedule C row(s)$80,802
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20250501101831NAL0003064881001
- Plan sponsor
- L&M Companies, Inc.
- EIN
- 56-0811549
- Plan number
- 001
- Location
- Raleigh, NC
- 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)$45.6M total assets
Net assets$45.6MLiabilities$0
Full reported line items
- Total assets (EOY)
- $45,566,338
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $45,566,338
- Employer contributions
- $1,049,516
- Participant contributions
- $1,310,558
- Total income / additions
- $8,315,007
- Benefits paid
- $1,762,629
- Administrative expenses
- $80,797
- Total expenses
- $1,843,426
- Net increase / (decrease)
- $6,471,581
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $49,073 | $0 |
| Investment Research & Ad | INVESTMENT ADVISORY | $24,000 | not reported in the loaded dataset |
| Investment Research & Ad | INVESTMENT ADVISORY | $7,729 | not reported in the loaded dataset |