2023 Form 5500 filing — Light Sources, Inc.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 20241010144602NAL0010150787001) for Light Sources, Inc.401(K) Plan, reported by Light Sources, Inc. under EIN 06-1074620 and plan number 001. It reports 237 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010144602NAL0010150787001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Light Sources, Inc.
- EIN
- 06-1074620
- Plan number
- 001
- Location
- Orange, CT
- Participants
- 237
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,861,043
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,861,043
- Employer contributions
- $559,905
- Participant contributions
- $735,411
- Total income / additions
- $4,707,353
- Benefits paid
- $3,180,953
- Administrative expenses
- $147,233
- Total expenses
- $3,328,186
- Net increase / (decrease)
- $1,379,167
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Procyon Advisors, LLC | INVESTMENT/FINANCIAL ADV | $100,000 | $0 |
| Adp, Inc. | RECORD KEEPER | $28,844 | not reported in the loaded dataset |
| Magii Pension Services LLC | ACCOUNTANT | $18,389 | $0 |