2023 Form 5500 filing — Localtel Communications 401(K) Profit Sharing Plan

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 20240920124225NAL0015436946001) for Localtel Communications 401(K) Profit Sharing Plan, reported by Computer 5, Inc., Dba Localtel Communications under EIN 91-1211461 and plan number 001. It reports 182 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$7.5MReported net assets$7,533,473
Participants182
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20240920124225NAL0015436946001
Plan sponsor
Computer 5, Inc., Dba Localtel Communications
EIN
91-1211461
Plan number
001
Location
East Wenatchee, WA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$7.5M total assets
Net assets$7.5MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$638.5K
Benefits paid / distributions$570.3K
Contributions
Employer$319.9K
Participant$512.9K
Full reported line items
Total assets (EOY)
$7,533,473
Total liabilities (EOY)
$0
Net assets (EOY)
$7,533,473
Employer contributions
$319,918
Participant contributions
$512,897
Total income / additions
$2,014,594
Benefits paid
$570,255
Administrative expenses
$68,200
Total expenses
$638,455
Net increase / (decrease)
$1,376,139

Related Form 5500 pages