Plan5500

Lapp Electrical Service, Inc. Employee Benefit Plan — Form 5500 plan (Lapp Electrical Service, 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, Lapp Electrical Service, Inc. Employee Benefit Plan is a benefit plan reported by Lapp Electrical Service, Inc. under EIN 23-1936358 and plan number 501. The latest loaded filing year is 2023. The filing reports 53 participants and $147,786 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$120.1KPlan net assets, end of year$120,051
Participants53Covered participants reported
Assets / participant$2.8KComputed: assets ÷ participants$2,788 (computed)
Provider compensation$18K4 Schedule C provider row(s)$18,008
Plan sponsor
Lapp Electrical Service, Inc.
EIN
23-1936358
Plan number
501
Plan type
2
Location
Lancaster, PA
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    53 participants · 2Sch ISch C
    View filing →
Schedule I · 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)$147.8K total assets
Net assets$120.1KLiabilities$27.7K
Money in vs. money out
Total income / additions$439.9K
Total expenses$551.9K
Benefits paid / distributions$254.6K
Contributions
Employer$348.7K
Participant$85.7K
Full reported line items

Net assets

Total assets (EOY)
$147,786
Total liabilities (EOY)
$27,735
Net assets (EOY)
$120,051
Net assets (BOY)
$232,016

Income & contributions

Employer contributions
$348,731
Participant contributions
$85,680
Total income / additions
$439,924

Expenses & distributions

Benefits paid
$254,629
Administrative expenses
$1,806
Total expenses
$551,889
Net increase / (decrease)
-$111,965
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 80%Participant 20%
Total expenses ÷ net assets460%Computed ratio
Benefits paid ÷ total income58%Computed ratio
Provider comp. ÷ net assets15%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    The Benecon Group, LLC$7.4K
    BROKER · Direct $7.4K
  2. 2
    Assured Partners (Central Pa)$7.2K
    BROKER · Direct $7.2K
  3. 3
    Capital Bluecross$1.8K
    ADMIN · Direct $1.8K
  4. 4
    Connectcare3$1.6K
    PATIENT ADVOCATE · Direct $1.6K

What to inspect next

Frequently asked questions

Who sponsors the Lapp Electrical Service, Inc. Employee Benefit Plan?
Lapp Electrical Service, Inc. Employee Benefit Plan is reported as sponsored by Lapp Electrical Service, Inc. (EIN 23-1936358, plan number 501) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Lapp Electrical Service, Inc. Employee Benefit Plan?
The latest Form 5500 filing year loaded for Lapp Electrical Service, Inc. Employee Benefit Plan is 2023.
How many participants does Lapp Electrical Service, Inc. Employee Benefit Plan report?
Lapp Electrical Service, Inc. Employee Benefit Plan reports 53 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Lapp Electrical Service, Inc. Employee Benefit Plan?
Lapp Electrical Service, Inc. Employee Benefit Plan reports $147,786 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages