2023 Form 5500 filing — Ltmi Defined Benefit 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 20250623102243NAL0008561536001) for Ltmi Defined Benefit Plan, reported by Laredo Transit Management Inc. under EIN 02-0668666 and plan number 002. It reports 281 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250623102243NAL0008561536001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Laredo Transit Management Inc.
- EIN
- 02-0668666
- Plan number
- 002
- Location
- Laredo, TX
- Participants
- 281
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,392,718
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,392,718
- Employer contributions
- $715,093
- Participant contributions
- $50,013
- Total income / additions
- $2,766,903
- Benefits paid
- $427,859
- Administrative expenses
- $251,868
- Total expenses
- $679,727
- Net increase / (decrease)
- $2,087,176
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wells Fargo Bank, N.A. | OTHER SERVICES | $76,592 | not reported in the loaded dataset |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $46,368 | not reported in the loaded dataset |
| Gutierrez, Martinez & Co Llp | ACCOUNTANT | $15,000 | not reported in the loaded dataset |