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, Lobar Retirement Plan is a benefit plan reported by Lobar, Inc. under EIN 23-1688154 and plan number 001. The latest loaded filing year is 2023. The filing reports 290 participants and $25,913,332 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,913,332
- Total liabilities (EOY)
- $347
- Net assets (EOY)
- $25,912,985
- Net assets (BOY)
- $21,847,216
Income & contributions
- Employer contributions
- $360,455
- Participant contributions
- $1,817,469
- Total contributions
- $2,181,697
- Total income / additions
- $5,492,003
Expenses & distributions
- Benefits paid
- $1,340,027
- Administrative expenses
- $86,207
- Total expenses
- $1,426,234
- Net increase / (decrease)
- $4,065,769