Leading Technology Composites Inc. Profit Sharing/401(K) Plan And Trust — Form 5500 plan (Leading Technology Composites 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, Leading Technology Composites Inc. Profit Sharing/401(K) Plan And Trust is a benefit plan reported by Leading Technology Composites Inc. under EIN 48-1141008 and plan number 001. The latest loaded filing year is 2023. The filing reports 530 participants and $10,163,115 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$10.2MPlan net assets, end of year$10,163,115
Participants530Covered participants reported
Assets / participant$19.2KComputed: assets ÷ participants$19,176 (computed)
Provider compensation$100.5K3 Schedule C provider row(s)$100,483
- Plan sponsor
- Leading Technology Composites Inc.
- EIN
- 48-1141008
- Plan number
- 001
- Plan type
- 2
- Location
- Wichita, KS
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 530 | H, C | 20240927150138NAL0004070752001 |
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)$10.2M total assets
Net assets$10.2MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $10,163,115
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,163,115
- Net assets (BOY)
- $7,338,988
Income & contributions
- Employer contributions
- $550,872
- Participant contributions
- $1,202,746
- Total contributions
- $2,081,110
- Total income / additions
- $3,268,617
Expenses & distributions
- Benefits paid
- $377,515
- Administrative expenses
- $66,975
- Total expenses
- $444,490
- Net increase / (decrease)
- $2,824,127
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.
31%69%
Employer 31%Participant 69%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income12%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Keating Financial Advisory Services | NONE | $60,473 | $0 | 2023 |
| Nationwide | NONE | $29,956 | $0 | 2023 |
| Keating And Associates Inc | NONE | $10,054 | $0 | 2023 |