Ltmi Defined Benefit Plan — Form 5500 plan (Laredo Transit Management 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, Ltmi Defined Benefit Plan is a benefit plan reported by Laredo Transit Management Inc. under EIN 02-0668666 and plan number 002. The latest loaded filing year is 2023. The filing reports 281 participants and $18,392,718 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Laredo Transit Management Inc.
- EIN
- 02-0668666
- Plan number
- 002
- Plan type
- 2
- Location
- Laredo, TX
- Latest filing year
- 2023
- Participants
- 281
- End-of-year plan assets
- $18,392,718
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 281 | H, C | 20250623102243NAL0008561536001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,392,718
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,392,718
- Net assets (BOY)
- $16,305,542
Income & contributions
- Employer contributions
- $715,093
- Participant contributions
- $50,013
- Total contributions
- $765,106
- Total income / additions
- $2,766,903
Expenses & distributions
- Benefits paid
- $427,859
- Administrative expenses
- $251,868
- Total expenses
- $679,727
- Net increase / (decrease)
- $2,087,176
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wells Fargo Bank, N.A. | OTHER SERVICES | $76,592 | not reported in the loaded dataset | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $46,368 | not reported in the loaded dataset | 2023 |
| Gutierrez, Martinez & Co Llp | ACCOUNTANT | $15,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Laredo Transit Management Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Laredo, TX
- Wells Fargo Bank, N.A. — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Gutierrez, Martinez & Co Llp — Schedule C compensation