Lester R. Summers, Inc. Employee Stock Ownership Plan — Form 5500 plan (Lester R. Summers, 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, Lester R. Summers, Inc. Employee Stock Ownership Plan is a benefit plan reported by Lester R. Summers, Inc. under EIN 23-1413983 and plan number 003. The latest loaded filing year is 2023. The filing reports 72 participants and $2,277,777 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lester R. Summers, Inc.
- EIN
- 23-1413983
- Plan number
- 003
- Plan type
- 2
- Location
- Ephrata, PA
- Latest filing year
- 2023
- Participants
- 72
- End-of-year plan assets
- $2,277,777
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 72 | I | 20241011161741NAL0045073986001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $2,277,777
- Total liabilities (EOY)
- $24,483,689
- Net assets (EOY)
- -$22,205,912
- Net assets (BOY)
- -$21,386,096
Income & contributions
- Employer contributions
- $1,459,096
- Total income / additions
- -$155,228
Expenses & distributions
- Benefits paid
- $32,633
- Total expenses
- $664,588
- Net increase / (decrease)
- -$819,816
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.