Lift Off Distribution, LLC 401(K) Retirement Plan — Form 5500 plan (Lift Off Distribution, 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, Lift Off Distribution, LLC 401(K) Retirement Plan is a benefit plan reported by Lift Off Distribution, LLC under EIN 52-2249114 and plan number 003. The latest loaded filing year is 2023. The filing reports 187 participants and $7,246,815 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.2MPlan net assets, end of year$7,246,815
Participants187Covered participants reported
Assets / participant$38.8KComputed: assets ÷ participants$38,753 (computed)
Provider compensation$40.7K2 Schedule C provider row(s)$40,704
Plan sponsor
Lift Off Distribution, LLC
EIN
52-2249114
Plan number
003
Plan type
2
Location
Columbia, MD
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    187 participants · 2Sch HSch C
    View filing →
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)$7.2M total assets
Net assets$7.2MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$321.5K
Benefits paid / distributions$280.8K
Contributions
Employer$420.7K
Participant$504.6K
Full reported line items

Net assets

Total assets (EOY)
$7,246,815
Total liabilities (EOY)
$0
Net assets (EOY)
$7,246,815
Net assets (BOY)
$5,531,546

Income & contributions

Employer contributions
$420,677
Participant contributions
$504,564
Total contributions
$925,241
Total income / additions
$2,036,817

Expenses & distributions

Benefits paid
$280,844
Administrative expenses
$40,704
Total expenses
$321,548
Net increase / (decrease)
$1,715,269
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.

Contribution share (employer vs. participant)
Employer 45%Participant 55%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income14%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    THIRD PARTY ADMIN · Direct $26.2K
  2. 2
    BROKER · Direct $14.5K

What to inspect next

Frequently asked questions

Who sponsors the Lift Off Distribution, LLC 401(K) Retirement Plan?
Lift Off Distribution, LLC 401(K) Retirement Plan is reported as sponsored by Lift Off Distribution, LLC (EIN 52-2249114, plan number 003) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Lift Off Distribution, LLC 401(K) Retirement Plan?
The latest Form 5500 filing year loaded for Lift Off Distribution, LLC 401(K) Retirement Plan is 2023.
How many participants does Lift Off Distribution, LLC 401(K) Retirement Plan report?
Lift Off Distribution, LLC 401(K) Retirement Plan reports 187 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Lift Off Distribution, LLC 401(K) Retirement Plan?
Lift Off Distribution, LLC 401(K) Retirement Plan reports $7,246,815 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages