Empire State Highway Contractors Association, Inc. Employees H & W Plan For The Employees Of Lancaster Development, Inc. — Form 5500 plan (Lancaster Development, 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, Empire State Highway Contractors Association, Inc. Employees H & W Plan For The Employees Of Lancaster Development, Inc. is a benefit plan reported by Lancaster Development, Inc. under EIN 16-0723953 and plan number 501. The latest loaded filing year is 2023. The filing reports 110 participants and $2,071,234 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$1.5MPlan net assets, end of year$1,462,879
Participants110Covered participants reported
Assets / participant$18.8KComputed: assets ÷ participants$18,829 (computed)
Provider compensation$81.4K2 Schedule C provider row(s)$81,377
- Plan sponsor
- Lancaster Development, Inc.
- EIN
- 16-0723953
- Plan number
- 501
- Plan type
- 2
- Location
- Richmondville, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 110 | H, C | 20241015135022NAL0016529379001 |
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)$2.1M total assets
Net assets$1.5MLiabilities$608.4K
Full reported line items
Net assets
- Total assets (EOY)
- $2,071,234
- Total liabilities (EOY)
- $608,355
- Net assets (EOY)
- $1,462,879
- Net assets (BOY)
- $1,653,750
Income & contributions
- Employer contributions
- $910,035
- Participant contributions
- $8,565
- Total contributions
- $918,600
- Total income / additions
- $973,172
Expenses & distributions
- Benefits paid
- $1,075,182
- Administrative expenses
- $88,861
- Total expenses
- $1,164,043
- Net increase / (decrease)
- -$190,871
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empire State Hwy Contractors Assn. | TRADE ASSOCIATION | $62,558 | not reported in the loaded dataset | 2023 |
| Firley,Moran,Freer&Eassa, Cpa, P.C | AUDITOR | $18,819 | not reported in the loaded dataset | 2023 |