Lovelace Scientific Resources 401k Plan — Form 5500 plan (Lovelace Scientific Resources 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, Lovelace Scientific Resources 401k Plan is a benefit plan reported by Lovelace Scientific Resources Inc. under EIN 85-0357767 and plan number 002. The latest loaded filing year is 2023. The filing reports 235 participants and $19,680,217 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$19.7MPlan net assets, end of year$19,680,217
Participants235Covered participants reported
Assets / participant$83.7KComputed: assets ÷ participants$83,746 (computed)
Provider compensation$32.5K2 Schedule C provider row(s)$32,468
- Plan sponsor
- Lovelace Scientific Resources Inc.
- EIN
- 85-0357767
- Plan number
- 002
- Plan type
- 2
- Location
- Albuquerque, NM
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 235 | H, C | 20240726130742NAL0024466688005 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$19.7M total assets
Net assets$19.7MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $19,680,217
- Net assets (EOY)
- $19,680,217
- Net assets (BOY)
- $17,393,882
Income & contributions
- Employer contributions
- $30,619
- Participant contributions
- $69,217
- Total contributions
- $99,836
- Total income / additions
- $2,980,199
Expenses & distributions
- Benefits paid
- $661,396
- Administrative expenses
- $32,468
- Total expenses
- $693,864
- Net increase / (decrease)
- $2,286,335
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
31%69%
Employer 31%Participant 69%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income22%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Moss Adams Llp | N/A | $18,291 | not reported in the loaded dataset | 2023 |
| Teachers Insurance And Annuity Asso | N/A | $14,177 | $0 | 2023 |