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, L&M Family Of Companies 401(K) And Profit Sharing Plan is a benefit plan reported by L&M Companies, Inc. under EIN 56-0811549 and plan number 001. The latest loaded filing year is 2023. The filing reports 275 participants and $45,566,338 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $45,566,338
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $45,566,338
- Net assets (BOY)
- $39,094,757
Income & contributions
- Employer contributions
- $1,049,516
- Participant contributions
- $1,310,558
- Total contributions
- $2,595,715
- Total income / additions
- $8,315,007
Expenses & distributions
- Benefits paid
- $1,762,629
- Administrative expenses
- $80,797
- Total expenses
- $1,843,426
- Net increase / (decrease)
- $6,471,581