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, Layerzero Power Systems Inc 401k Psp & Trust is a benefit plan reported by Layerzero Power Systems, Inc. under EIN 34-1951447 and plan number 001. The latest loaded filing year is 2023. The filing reports 142 participants and $4,245,784 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,245,784
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,245,784
- Net assets (BOY)
- $3,352,952
Income & contributions
- Employer contributions
- $226,440
- Participant contributions
- $459,156
- Total contributions
- $685,596
- Total income / additions
- $1,140,310
Expenses & distributions
- Benefits paid
- $213,963
- Administrative expenses
- $33,515
- Total expenses
- $247,478
- Net increase / (decrease)
- $892,832