Laforce & Company, LLC 401(K) & Profit Sharing Plan — Form 5500 plan (Laforce & Company, LLC)

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, Laforce & Company, LLC 401(K) & Profit Sharing Plan is a benefit plan reported by Laforce & Company, LLC under EIN 45-2681915 and plan number 001. The latest loaded filing year is 2023. The filing reports 155 participants and $6,688,637 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Laforce & Company, LLC
EIN
45-2681915
Plan number
001
Plan type
2
Location
Long Island City, NY
Latest filing year
2023
Participants
155
End-of-year plan assets
$6,688,637

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023155H, C20240708081350NAL0018890704001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,688,637
Total liabilities (EOY)
$0
Net assets (EOY)
$6,688,637
Net assets (BOY)
$5,245,673

Income & contributions

Employer contributions
$189,828
Participant contributions
$485,820
Total contributions
$697,169
Total income / additions
$1,657,494

Expenses & distributions

Benefits paid
$213,360
Administrative expenses
$1,170
Total expenses
$214,530
Net increase / (decrease)
$1,442,964

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Commonwealth Equity ServicesSERVICE PROVIDER$0$29,5472023

Related Form 5500 pages