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, Lectrosonics, Inc. 401(K) Plan is a benefit plan reported by Lectrosonics, Inc. under EIN 85-0212816 and plan number 001. The latest loaded filing year is 2023. The filing reports 157 participants and $19,336,779 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,336,779
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,336,779
- Net assets (BOY)
- $17,257,874
Income & contributions
- Employer contributions
- $196,789
- Participant contributions
- $656,597
- Total contributions
- $853,386
- Total income / additions
- $3,705,255
Expenses & distributions
- Benefits paid
- $1,550,012
- Administrative expenses
- $76,338
- Total expenses
- $1,626,350
- Net increase / (decrease)
- $2,078,905