2023 Form 5500 filing — Lbc Holdings, Inc. 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 20241010173538NAL0010306979001) for Lbc Holdings, Inc. 401(K) Profit Sharing Plan, reported by Lbc Holdings, Inc. under EIN 94-3145525 and plan number 001. It reports 209 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$6.5MReported net assets$6,537,706
Participants209
Provider compensation$52.3K3 Schedule C row(s)$52,273
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241010173538NAL0010306979001
- Plan sponsor
- Lbc Holdings, Inc.
- EIN
- 94-3145525
- Plan number
- 001
- Location
- San Leandro, CA
- 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)$6.5M total assets
Net assets$6.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $6,537,706
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,537,706
- Employer contributions
- $100,206
- Participant contributions
- $400,824
- Total income / additions
- $1,379,733
- Benefits paid
- $550,277
- Administrative expenses
- $37,471
- Total expenses
- $587,748
- Net increase / (decrease)
- $791,985
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,037 | $0 |
| Sbhu Life Agency Inc | OTHER SERVICE | $0 | $12,301 |
| Central Administrative Services Inc | CONTRACT ADMINISTRATOR | $2,475 | $2,460 |