Libra Industries 401(K) Plan — Form 5500 plan (Libra Industries)

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, Libra Industries 401(K) Plan is a benefit plan reported by Libra Industries under EIN 83-4658575 and plan number 001. The latest loaded filing year is 2023. The filing reports 410 participants and $19,395,720 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Libra Industries
EIN
83-4658575
Plan number
001
Plan type
2
Location
Mentor, OH
Latest filing year
2023
Participants
410
End-of-year plan assets
$19,395,720

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023410H, C20240924123835NAL0007446579001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$19,395,720
Total liabilities (EOY)
$0
Net assets (EOY)
$19,395,720
Net assets (BOY)
$16,957,539

Income & contributions

Employer contributions
$219,375
Participant contributions
$1,053,480
Total contributions
$1,358,735
Total income / additions
$3,948,662

Expenses & distributions

Benefits paid
$1,504,962
Administrative expenses
$5,250
Total expenses
$1,510,481
Net increase / (decrease)
$2,438,181

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Global Retirement Partners LLCSERVICE PROVIDER$0$45,0472023
Voya Retirement Insurance & AnnuitySERVICE PROVIDER$5,250not reported in the loaded dataset2023

Related Form 5500 pages