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, S.M. Lorusso & Sons, Inc. 401(K) Plan is a benefit plan reported by S.M. Lorusso & Sons, Inc. under EIN 04-2078853 and plan number 001. The latest loaded filing year is 2023. The filing reports 158 participants and $23,483,957 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,483,957
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,483,957
- Net assets (BOY)
- $19,772,567
Income & contributions
- Employer contributions
- $959,469
- Participant contributions
- $826,109
- Total contributions
- $1,785,578
- Total income / additions
- $4,338,120
Expenses & distributions
- Benefits paid
- $569,590
- Administrative expenses
- $53,558
- Total expenses
- $626,730
- Net increase / (decrease)
- $3,711,390