Lamb Farms Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Lamb Farms 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, Lamb Farms Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Lamb Farms Inc under EIN 16-1081703 and plan number 001. The latest loaded filing year is 2023. The filing reports 194 participants and $6,788,995 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lamb Farms Inc
- EIN
- 16-1081703
- Plan number
- 001
- Plan type
- 2
- Location
- Oakfield, NY
- Latest filing year
- 2023
- Participants
- 194
- End-of-year plan assets
- $6,788,995
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 194 | H, C | 20241015160435NAL0050346448001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,788,995
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,788,995
- Net assets (BOY)
- $5,874,518
Income & contributions
- Employer contributions
- $81,679
- Participant contributions
- $259,321
- Total contributions
- $341,000
- Total income / additions
- $1,246,904
Expenses & distributions
- Benefits paid
- $282,470
- Administrative expenses
- $43,493
- Total expenses
- $332,427
- Net increase / (decrease)
- $914,477
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Waterford Group | ADVISOR | $22,299 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $13,389 | not reported in the loaded dataset | 2023 |
| Erisa Fiduciary Services, Inc. | CONTRACT ADMINISTRATOR | $6,935 | not reported in the loaded dataset | 2023 |