Lipman Brothers LLC Savings Plan — Form 5500 plan (Lipman Brothers 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, Lipman Brothers LLC Savings Plan is a benefit plan reported by Lipman Brothers LLC under EIN 62-0759627 and plan number 001. The latest loaded filing year is 2023. The filing reports 526 participants and $29,634,056 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lipman Brothers LLC
- EIN
- 62-0759627
- Plan number
- 001
- Plan type
- 2
- Location
- Nashville, TN
- Latest filing year
- 2023
- Participants
- 526
- End-of-year plan assets
- $29,634,056
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 526 | H, C | 20240730171616NAL0035050944001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $29,634,056
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,634,056
- Net assets (BOY)
- $26,125,449
Income & contributions
- Employer contributions
- $1,148,587
- Participant contributions
- $1,813,864
- Total contributions
- $3,232,516
- Total income / additions
- $7,392,059
Expenses & distributions
- Benefits paid
- $3,702,599
- Administrative expenses
- $180,853
- Total expenses
- $3,883,452
- Net increase / (decrease)
- $3,508,607
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Access Retirement Services | TPA | $13,148 | not reported in the loaded dataset | 2023 |
| John Hancock | RECORDKEEPER | $3,508 | $0 | 2023 |
| John Hancock | RECORDKEEPER | $0 | $0 | 2023 |