Lg-Tek 401(K) Plan — Form 5500 plan (Lingual Information System Technologies, 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, Lg-Tek 401(K) Plan is a benefit plan reported by Lingual Information System Technologies, Inc. under EIN 52-2052029 and plan number 001. The latest loaded filing year is 2023. The filing reports 184 participants and $4,417,782 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lingual Information System Technologies, Inc.
EIN
52-2052029
Plan number
001
Plan type
2
Location
Elkridge, MD
Latest filing year
2023
Participants
184
End-of-year plan assets
$4,417,782

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023184H, C20240730093125NAL0020458193001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,417,782
Total liabilities (EOY)
$0
Net assets (EOY)
$4,417,782
Net assets (BOY)
$3,701,695

Income & contributions

Employer contributions
$99,588
Participant contributions
$431,669
Total contributions
$531,257
Total income / additions
$1,041,118

Expenses & distributions

Benefits paid
$290,636
Administrative expenses
$3,574
Total expenses
$325,031
Net increase / (decrease)
$716,087

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$3,574$02023

Related Form 5500 pages