Lakeland Financial Corporation 401(K) Plan — Form 5500 plan (Lakeland Financial 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, Lakeland Financial Corporation 401(K) Plan is a benefit plan reported by Lakeland Financial Corporation under EIN 35-1559596 and plan number 004. The latest loaded filing year is 2023. The filing reports 855 participants and $119,121,613 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lakeland Financial Corporation
- EIN
- 35-1559596
- Plan number
- 004
- Plan type
- 2
- Location
- Warsaw, IN
- Latest filing year
- 2023
- Participants
- 855
- End-of-year plan assets
- $119,121,613
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 855 | H, C | 20240724122723NAL0008137923001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $119,121,613
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $119,121,613
- Net assets (BOY)
- $116,446,904
Income & contributions
- Employer contributions
- $2,007,318
- Participant contributions
- $3,520,928
- Total contributions
- $5,648,587
- Total income / additions
- $13,394,944
Expenses & distributions
- Benefits paid
- $10,717,254
- Administrative expenses
- $2,981
- Total expenses
- $10,720,235
- Net increase / (decrease)
- $2,674,709
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $2,838 | $0 | 2023 |