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, Reed-Lane, Inc. Employees Profit Sharing Plan is a benefit plan reported by Reed-Lane, Inc. under EIN 22-1655676 and plan number 001. The latest loaded filing year is 2023. The filing reports 185 participants and $8,523,478 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,523,478
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,523,478
- Net assets (BOY)
- $7,730,856
Income & contributions
- Employer contributions
- $82,267
- Participant contributions
- $517,507
- Total contributions
- $603,825
- Total income / additions
- $1,549,671
Expenses & distributions
- Benefits paid
- $688,071
- Administrative expenses
- $31,015
- Total expenses
- $757,049
- Net increase / (decrease)
- $792,622