Lantech 401(K) Savings Plan — Form 5500 plan (Lantech.Com, LLC)

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, Lantech 401(K) Savings Plan is a benefit plan reported by Lantech.Com, LLC under EIN 01-0756775 and plan number 001. The latest loaded filing year is 2023. The filing reports 552 participants and $58,216,535 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$58.2MPlan net assets, end of year$58,216,535
Participants552Covered participants reported
Assets / participant$105.5KComputed: assets ÷ participants$105,465 (computed)
Provider compensation$112.7K2 Schedule C provider row(s)$112,658
Plan sponsor
Lantech.Com, LLC
EIN
01-0756775
Plan number
001
Plan type
2
Location
Louisville, KY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023552H, C20241015124621NAL0016421235001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$58.2M total assets
Net assets$58.2MLiabilities$0
Money in vs. money out
Total income / additions$12.4M
Total expenses$3.1M
Benefits paid / distributions$3M
Contributions
Employer$1.1M
Participant$2.6M
Full reported line items

Net assets

Total assets (EOY)
$58,216,535
Total liabilities (EOY)
$0
Net assets (EOY)
$58,216,535
Net assets (BOY)
$48,863,932

Income & contributions

Employer contributions
$1,112,030
Participant contributions
$2,557,931
Total contributions
$4,177,420
Total income / additions
$12,419,599

Expenses & distributions

Benefits paid
$2,977,308
Administrative expenses
$49,887
Total expenses
$3,066,996
Net increase / (decrease)
$9,352,603
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 30%Participant 70%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Stegner Investment Associates, Inc.INV ADV, PARTICIPANTS$0$62,7712023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$49,887$02023

Related Form 5500 pages