Lmc Enterprises 401(K) Plan — Form 5500 plan (Lmc Enterprises)

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, Lmc Enterprises 401(K) Plan is a benefit plan reported by Lmc Enterprises under EIN 95-3093555 and plan number 002. The latest loaded filing year is 2023. The filing reports 160 participants and $14,386,801 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14.4MPlan net assets, end of year$14,386,801
Participants160Covered participants reported
Assets / participant$89.9KComputed: assets ÷ participants$89,918 (computed)
Provider compensation$43.3K3 Schedule C provider row(s)$43,274
Plan sponsor
Lmc Enterprises
EIN
95-3093555
Plan number
002
Plan type
2
Location
Paramount, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023160H, C20240807104145NAL0002011059001
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)$14.4M total assets
Net assets$14.4MLiabilities$0
Money in vs. money out
Total income / additions$3.2M
Total expenses$851.1K
Benefits paid / distributions$752.6K
Contributions
Employer$0
Participant$828.4K
Full reported line items

Net assets

Total assets (EOY)
$14,386,801
Total liabilities (EOY)
$0
Net assets (EOY)
$14,386,801
Net assets (BOY)
$12,020,339

Income & contributions

Employer contributions
$0
Participant contributions
$828,405
Total contributions
$1,127,218
Total income / additions
$3,217,567

Expenses & distributions

Benefits paid
$752,611
Administrative expenses
$74,373
Total expenses
$851,105
Net increase / (decrease)
$2,366,462

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Burnham Gibson Wealth Advisors LLCINVESTMENT ADVISOR$32,024not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$10,985$02023
Empower Advisory Group, LLCINVESTMENT MGMT$265not reported in the loaded dataset2023

Related Form 5500 pages