Lbc Holdings, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Lbc Holdings, 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, Lbc Holdings, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Lbc Holdings, Inc. under EIN 94-3145525 and plan number 001. The latest loaded filing year is 2023. The filing reports 209 participants and $6,537,706 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$6.5MPlan net assets, end of year$6,537,706
Participants209Covered participants reported
Assets / participant$31.3KComputed: assets ÷ participants$31,281 (computed)
Provider compensation$52.3K3 Schedule C provider row(s)$52,273
- Plan sponsor
- Lbc Holdings, Inc.
- EIN
- 94-3145525
- Plan number
- 001
- Plan type
- 2
- Location
- San Leandro, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 209 | H, C | 20241010173538NAL0010306979001 |
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)$6.5M total assets
Net assets$6.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $6,537,706
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,537,706
- Net assets (BOY)
- $5,745,721
Income & contributions
- Employer contributions
- $100,206
- Participant contributions
- $400,824
- Total contributions
- $514,292
- Total income / additions
- $1,379,733
Expenses & distributions
- Benefits paid
- $550,277
- Administrative expenses
- $37,471
- Total expenses
- $587,748
- Net increase / (decrease)
- $791,985
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.
20%80%
Employer 20%Participant 80%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income40%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,037 | $0 | 2023 |
| Sbhu Life Agency Inc | OTHER SERVICE | $0 | $12,301 | 2023 |
| Central Administrative Services Inc | CONTRACT ADMINISTRATOR | $2,475 | $2,460 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Lbc Holdings, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in San Leandro, CA
- Principal Life Insurance Company — Schedule C compensation
- Sbhu Life Agency Inc — Schedule C compensation
- Central Administrative Services Inc — Schedule C compensation