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, Labconnect 401k Plan is a benefit plan reported by Labconnect, LLC under EIN 06-1644519 and plan number 001. The latest loaded filing year is 2023. The filing reports 707 participants and $15,937,134 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,937,134
- Total liabilities (EOY)
- $26,696
- Net assets (EOY)
- $15,910,438
- Net assets (BOY)
- $0
Income & contributions
- Employer contributions
- $1,434,455
- Participant contributions
- $2,915,475
- Total contributions
- $5,925,819
- Total income / additions
- $7,516,378
Expenses & distributions
- Benefits paid
- $2,446,840
- Administrative expenses
- $35,483
- Total expenses
- $2,512,292
- Net increase / (decrease)
- $5,004,086