Lakes Gas Co. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Lakes Gas Co.)

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, Lakes Gas Co. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Lakes Gas Co. under EIN 41-0827612 and plan number 001. The latest loaded filing year is 2023. The filing reports 256 participants and $12,822,357 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.8MPlan net assets, end of year$12,822,357
Participants256Covered participants reported
Assets / participant$50.1KComputed: assets ÷ participants$50,087 (computed)
Provider compensation$11.7K2 Schedule C provider row(s)$11,714
Plan sponsor
Lakes Gas Co.
EIN
41-0827612
Plan number
001
Plan type
2
Location
Wyoming, MN
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

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

  1. 2023
    256 participants · 2Sch HSch C
    View filing →
Schedule H · 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)$12.8M total assets
Net assets$12.8MLiabilities$0
Money in vs. money out
Total income / additions$3.7M
Total expenses$1.3M
Benefits paid / distributions$1.3M
Contributions
Employer$471.3K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$12,822,357
Total liabilities (EOY)
$0
Net assets (EOY)
$12,822,357
Net assets (BOY)
$10,406,065

Income & contributions

Employer contributions
$471,311
Participant contributions
$1,272,354
Total contributions
$1,818,232
Total income / additions
$3,695,881

Expenses & distributions

Benefits paid
$1,252,144
Administrative expenses
$11,714
Total expenses
$1,279,589
Net increase / (decrease)
$2,416,292
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 27%Participant 73%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income34%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

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

  1. 1
    N/A · Direct $11.7K · Indirect $0
  2. 2
    N/A · Direct $0 · Indirect $0

Related Form 5500 pages