2023 Form 5500 filing — Lake Air Products LLC 401(K) 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 20241008091607NAL0008211299001) for Lake Air Products LLC 401(K) Plan, reported by Lake Air Products LLC under EIN 81-5191167 and plan number 001. It reports 445 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008091607NAL0008211299001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lake Air Products LLC
- EIN
- 81-5191167
- Plan number
- 001
- Location
- Minneapolis, MN
- Participants
- 445
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,574,576
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,574,576
- Employer contributions
- $302,279
- Participant contributions
- $978,351
- Total income / additions
- $2,633,707
- Benefits paid
- $2,107,926
- Administrative expenses
- $100,609
- Total expenses
- $2,208,535
- Net increase / (decrease)
- $425,172
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Tax Sheltered Compensation, Inc. | RECORDKEEPER | $44,375 | $82 |
| Transamerica Retirement Solutions | RECORDKEEPER | $25,645 | $0 |
| Usi Advisors Inc | INVESTMENT ADVISORY PLAN | $13,271 | not reported in the loaded dataset |
| Lake Air Products LLC | PLAN SPONSOR | $11,230 | not reported in the loaded dataset |
| Securities America Advisors Inc | INVESTMENT ADVISORY PLAN | $6,504 | $0 |