L & M Benefit Plan — Form 5500 plan (L & M Companies, 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, L & M Benefit Plan is a benefit plan reported by L & M Companies, Inc. under EIN 56-0811549 and plan number 501. The latest loaded filing year is 2023. The filing reports 182 participants and $1,660,929 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- L & M Companies, Inc.
- EIN
- 56-0811549
- Plan number
- 501
- Plan type
- 2
- Location
- Raleigh, NC
- Latest filing year
- 2023
- Participants
- 182
- End-of-year plan assets
- $1,660,929
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 182 | H, C | 20250429102014NAL0000565120001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,660,929
- Total liabilities (EOY)
- $53,142
- Net assets (EOY)
- $1,607,787
- Net assets (BOY)
- $1,368,362
Income & contributions
- Employer contributions
- $1,841,758
- Participant contributions
- $859,371
- Total contributions
- $2,701,129
- Total income / additions
- $2,746,765
Expenses & distributions
- Benefits paid
- $2,395,249
- Administrative expenses
- $112,091
- Total expenses
- $2,507,340
- Net increase / (decrease)
- $239,425
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Aetna Life Insurance Co | NONE | $1,685,483 | not reported in the loaded dataset | 2023 |
| New York Life | NONE | $85,574 | not reported in the loaded dataset | 2023 |
| Aon Consulting | NONE | $51,500 | not reported in the loaded dataset | 2023 |
| Aflac | NONE | $12,467 | not reported in the loaded dataset | 2023 |
| Aca Track LLC | NONE | $10,433 | not reported in the loaded dataset | 2023 |
| First Citizens Bank & Trust Company | NONE | $8,670 | not reported in the loaded dataset | 2023 |
| Flores And Associates | NONE | $5,229 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for L & M Companies, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Raleigh, NC
- Aetna Life Insurance Co — Schedule C compensation
- New York Life — Schedule C compensation
- Aon Consulting — Schedule C compensation
- Aflac — Schedule C compensation
- Aca Track LLC — Schedule C compensation
- First Citizens Bank & Trust Company — Schedule C compensation
- Flores And Associates — Schedule C compensation