Lanco Assembly Systems, Inc. Employee Stock Ownership Plan — Form 5500 plan (Lanco Assembly Systems, Inc.)
Plain-English plan 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, Lanco Assembly Systems, Inc. Employee Stock Ownership Plan is a benefit plan reported by Lanco Assembly Systems, Inc. under EIN 01-0394214 and plan number 002. The latest loaded filing year is 2023. The filing reports 245 participants and $8,923,426 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lanco Assembly Systems, Inc.
- EIN
- 01-0394214
- Plan number
- 002
- Plan type
- 2
- Location
- Westbrook, ME
- Latest filing year
- 2023
- Participants
- 245
- End-of-year plan assets
- $8,923,426
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 245 | H | 20241014102144NAL0025913681001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,923,426
- Total liabilities (EOY)
- $6,672
- Net assets (EOY)
- $8,916,754
- Net assets (BOY)
- $5,491,008
Income & contributions
- Employer contributions
- $300,000
- Total contributions
- $300,000
- Total income / additions
- $3,735,367
Expenses & distributions
- Benefits paid
- $309,621
- Administrative expenses
- $0
- Total expenses
- $309,621
- Net increase / (decrease)
- $3,425,746
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.