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, Inc. Retirement Plan And Trust is a benefit plan reported by Life, Inc. under EIN 56-1612948 and plan number 001. The latest loaded filing year is 2023. The filing reports 650 participants and $7,825,993 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,825,993
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,825,993
- Net assets (BOY)
- $7,454,836
Income & contributions
- Employer contributions
- $620,925
- Participant contributions
- $0
- Total contributions
- $620,925
- Total income / additions
- $1,441,987
Expenses & distributions
- Benefits paid
- $1,014,143
- Administrative expenses
- $56,687
- Total expenses
- $1,070,830
- Net increase / (decrease)
- $371,157