Lmg, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Lmg, 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, Lmg, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Lmg, LLC under EIN 46-3936183 and plan number 001. The latest loaded filing year is 2023. The filing reports 157 participants and $29,601,248 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lmg, LLC
EIN
46-3936183
Plan number
001
Plan type
2
Location
Metairie, LA
Latest filing year
2023
Participants
157
End-of-year plan assets
$29,601,248

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023157H, C20250220141552NAL0005204417001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$29,601,248
Total liabilities (EOY)
$0
Net assets (EOY)
$29,601,248
Net assets (BOY)
$24,853,817

Income & contributions

Employer contributions
$974,241
Participant contributions
$687,243
Total contributions
$1,661,484
Total income / additions
$5,924,043

Expenses & distributions

Benefits paid
$1,162,371
Administrative expenses
$14,241
Total expenses
$1,176,612
Net increase / (decrease)
$4,747,431

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$14,541$02023

Related Form 5500 pages