Lane-Valente Industries, Inc. 401(K) Profit Sharing Plan & Tru — Form 5500 plan (Lane-Valente Industries, 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, Lane-Valente Industries, Inc. 401(K) Profit Sharing Plan & Tru is a benefit plan reported by Lane-Valente Industries, Inc. under EIN 11-3459495 and plan number 002. The latest loaded filing year is 2023. The filing reports 452 participants and $25,462,596 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lane-Valente Industries, Inc.
EIN
11-3459495
Plan number
002
Plan type
2
Location
Smithtown, NY
Latest filing year
2023
Participants
452
End-of-year plan assets
$25,462,596

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023452H, C20240904065754NAL0011001811001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$25,462,596
Total liabilities (EOY)
$0
Net assets (EOY)
$25,462,596
Net assets (BOY)
$19,890,975

Income & contributions

Employer contributions
$777,551
Participant contributions
$1,665,923
Total contributions
$2,475,459
Total income / additions
$6,749,598

Expenses & distributions

Benefits paid
$1,030,740
Administrative expenses
$92,477
Total expenses
$1,177,977
Net increase / (decrease)
$5,571,621

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Wells Fargo Advisors Financial NetwINVESTMENT/FINANCIAL ADVI$52,622$02023
Adp, Inc.RECORD KEEPER$39,855$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages