Life Science Products, Inc. Employee Stock Ownership Plan — Form 5500 plan (Life Science Products, 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, Life Science Products, Inc. Employee Stock Ownership Plan is a benefit plan reported by Life Science Products, Inc. under EIN 52-1067425 and plan number 002. The latest loaded filing year is 2023. The filing reports 29 participants and $5,787,002 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.7MPlan net assets, end of year$2,741,071
Participants29Covered participants reported
Assets / participant$199.6KComputed: assets ÷ participants$199,552 (computed)
Provider compensationNone reported
Plan sponsor
Life Science Products, Inc.
EIN
52-1067425
Plan number
002
Plan type
2
Location
Chestertown, MD
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202329I20240807154644NAL0002196707001
Schedule I · 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)$5.8M total assets
Net assets$2.7MLiabilities$3M
Money in vs. money out
Total income / additions$6.2K
Total expenses$106.6K
Benefits paid / distributions$3.2K
Contributions
Employer$184.2K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$5,787,002
Total liabilities (EOY)
$3,045,931
Net assets (EOY)
$2,741,071
Net assets (BOY)
$2,841,443

Income & contributions

Employer contributions
$184,238
Total income / additions
$6,238

Expenses & distributions

Benefits paid
$3,220
Total expenses
$106,610
Net increase / (decrease)
-$100,372
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.

Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income52%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages