2023 Form 5500 filing — Laser Electric, 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 20241015165140NAL0050544544001) for Laser Electric, Inc. 401(K) Plan, reported by Laser Electric, Inc. under EIN 33-0233086 and plan number 001. It reports 196 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)$9.6MReported net assets$9,598,222

Participants196

Provider compensation$24.2K2 Schedule C row(s)$24,228

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241015165140NAL0050544544001
Plan sponsor: Laser Electric, Inc.
EIN: 33-0233086
Plan number: 001
Location: Escondido, CA
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

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)$9.6M total assets

Net assets$9.6MLiabilities$0

Money in vs. money out

Total income / additions$2.7M

Total expenses$845.4K

Benefits paid / distributions$735.1K

Contributions

Employer$1M

Participant$442K

Full reported line items

Total assets (EOY): $9,598,222
Total liabilities (EOY): $0
Net assets (EOY): $9,598,222
Employer contributions: $1,047,052
Participant contributions: $441,958
Total income / additions: $2,674,947
Benefits paid: $735,090
Administrative expenses: $21,438
Total expenses: $845,403
Net increase / (decrease): $1,829,544

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Commonwealth Financial Network$24.2K
SERVICE PROVIDER · Direct $0 · Indirect $24.2K
2
Voya Retirement Insurance And Annui$0
SERVICE PROVIDER · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015165140NAL0050544544001 cover?: It is the 2023 Form 5500 filing for Laser Electric, Inc. 401(K) Plan, reported by Laser Electric, Inc. (EIN 33-0233086).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).