Lifelinc Corporation 401(K)Plan — Form 5500 plan (Lifelinc Corporation)
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, Lifelinc Corporation 401(K)Plan is a benefit plan reported by Lifelinc Corporation under EIN 27-5416658 and plan number 001. The latest loaded filing year is 2023. The filing reports 294 participants and $13,982,523 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lifelinc Corporation
- EIN
- 27-5416658
- Plan number
- 001
- Plan type
- 2
- Location
- Memphis, TN
- Latest filing year
- 2023
- Participants
- 294
- End-of-year plan assets
- $13,982,523
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 294 | H, C | 20241015170436NAL0058863874001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,982,523
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,982,523
- Net assets (BOY)
- $10,213,082
Income & contributions
- Employer contributions
- $1,154,501
- Participant contributions
- $2,402,367
- Total contributions
- $3,855,514
- Total income / additions
- $5,947,423
Expenses & distributions
- Benefits paid
- $1,992,466
- Administrative expenses
- $160,159
- Total expenses
- $2,177,982
- Net increase / (decrease)
- $3,769,441
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $69,432 | $0 | 2023 |
| Ubs Financial Services Inc. | INVESTMENT ADVISOR | $58,407 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MANGEMENT | $20,810 | not reported in the loaded dataset | 2023 |
| Acuff & Associates, Inc. | CONTRACT ADMINISTRATOR | $12,487 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Lifelinc Corporation
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Memphis, TN
- Empower Annuity Insurance Company — Schedule C compensation
- Ubs Financial Services Inc. — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Acuff & Associates, Inc. — Schedule C compensation