2023 Form 5500 filing — Lifeway Foods, Inc. 401(K) Profit Sharing Plan And Trust
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240903100521NAL0018426849001) for Lifeway Foods, Inc. 401(K) Profit Sharing Plan And Trust, reported by Lifeway Foods, Inc. under EIN 36-3442829 and plan number 001. It reports 366 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240903100521NAL0018426849001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lifeway Foods, Inc.
- EIN
- 36-3442829
- Plan number
- 001
- Location
- Morton Grove, IL
- Participants
- 366
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,753,607
- Net assets (EOY)
- $12,753,607
- Employer contributions
- $511,757
- Participant contributions
- $1,027,547
- Total income / additions
- $3,027,513
- Benefits paid
- $499,023
- Administrative expenses
- $34,841
- Total expenses
- $533,875
- Net increase / (decrease)
- $2,493,638
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $19,660 | $0 |
| Ubs Financial Services Inc. | INVESTMENT ADVISORY | $14,097 | not reported in the loaded dataset |
| Adp, Inc. | RECORDKEEPER | $1,085 | $0 |