Lce Employee Savings Plan — Form 5500 plan (Life Cycle Engineering, 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, Lce Employee Savings Plan is a benefit plan reported by Life Cycle Engineering, Inc. under EIN 57-0649372 and plan number 002. The latest loaded filing year is 2023. The filing reports 829 participants and $61,829,282 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Life Cycle Engineering, Inc.
- EIN
- 57-0649372
- Plan number
- 002
- Plan type
- 2
- Location
- North Charleston, SC
- Latest filing year
- 2023
- Participants
- 829
- End-of-year plan assets
- $61,829,282
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 829 | H, C | 20241008111039NAL0029626496001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $61,829,282
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $61,829,282
- Net assets (BOY)
- $53,369,002
Income & contributions
- Employer contributions
- $1,050,043
- Participant contributions
- $3,918,223
- Total contributions
- $5,926,571
- Total income / additions
- $14,770,441
Expenses & distributions
- Benefits paid
- $6,119,522
- Administrative expenses
- $190,639
- Total expenses
- $6,310,161
- Net increase / (decrease)
- $8,460,280
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $171,051 | $0 | 2023 |
| Royal Alliance Associates Inc | INVESTMENT ADVISORY | $0 | $82,777 | 2023 |
| Jones,Pounder & Assoc | ACCOUNTANT | $19,596 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Life Cycle Engineering, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in North Charleston, SC
- Principal Life Insurance Company — Schedule C compensation
- Royal Alliance Associates Inc — Schedule C compensation
- Jones,Pounder & Assoc — Schedule C compensation