Plan5500

Lightspeed Technologies Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Lightspeed Technologies)

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, Lightspeed Technologies Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Lightspeed Technologies under EIN 93-1045590 and plan number 001. The latest loaded filing year is 2023. The filing reports 101 participants and $10,073,560 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10.1MPlan net assets, end of year$10,073,560
Participants101Covered participants reported
Assets / participant$99.7KComputed: assets ÷ participants$99,738 (computed)
Provider compensationNone reported
Plan sponsor
Lightspeed Technologies
EIN
93-1045590
Plan number
001
Plan type
2
Location
Tualatin, OR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023101I20240422125820NAL0018149010001
Schedule I · 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)$10.1M total assets
Net assets$10.1MLiabilities$0
Money in vs. money out
Total income / additions$3M
Total expenses$979.6K
Benefits paid / distributions$868.2K
Contributions
Employer$242.4K
Participant$923.3K
Full reported line items

Net assets

Total assets (EOY)
$10,073,560
Total liabilities (EOY)
$0
Net assets (EOY)
$10,073,560
Net assets (BOY)
$8,075,168

Income & contributions

Employer contributions
$242,426
Participant contributions
$923,340
Total income / additions
$2,977,995

Expenses & distributions

Benefits paid
$868,211
Administrative expenses
$12,784
Total expenses
$979,603
Net increase / (decrease)
$1,998,392
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.

Contribution share (employer vs. participant)
Employer 21%Participant 79%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income29%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages