Liberty Title Co. Profit Sharing Plan & Trust — Form 5500 plan (Liberty Title Agency, 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, Liberty Title Co. Profit Sharing Plan & Trust is a benefit plan reported by Liberty Title Agency, Inc. under EIN 38-2031938 and plan number 001. The latest loaded filing year is 2023. The filing reports 173 participants and $8,954,433 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Liberty Title Agency, Inc.
- EIN
- 38-2031938
- Plan number
- 001
- Plan type
- 2
- Location
- Birmingham, MI
- Latest filing year
- 2023
- Participants
- 173
- End-of-year plan assets
- $8,954,433
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 173 | H, C | 20240906152246NAL0001603425001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,954,433
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,954,433
- Net assets (BOY)
- $7,349,952
Income & contributions
- Employer contributions
- $161,399
- Participant contributions
- $668,270
- Total contributions
- $829,669
- Total income / additions
- $2,139,319
Expenses & distributions
- Benefits paid
- $472,568
- Administrative expenses
- $47,005
- Total expenses
- $534,838
- Net increase / (decrease)
- $1,604,481
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Gallagher Fiduciary Advisors | NONE | $27,459 | not reported in the loaded dataset | 2023 |
| Minnesota Life Insurance Company | NONE | $19,546 | $0 | 2023 |
| Baker Tilly Us, Llp | AUDITOR | $10,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Liberty Title Agency, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Birmingham, MI
- Gallagher Fiduciary Advisors — Schedule C compensation
- Minnesota Life Insurance Company — Schedule C compensation
- Baker Tilly Us, Llp — Schedule C compensation