2023 Form 5500 filing — Oakpoint 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 20250219132939NAL0003022963001) for Oakpoint 401(K) Plan, reported by Lc Services 1, LLC Dba Oakpoint under EIN 83-3239171 and plan number 001. It reports 564 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250219132939NAL0003022963001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lc Services 1, LLC Dba Oakpoint
- EIN
- 83-3239171
- Plan number
- 001
- Location
- Birmingham, MI
- Participants
- 564
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,087,498
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,087,498
- Employer contributions
- $1,117,235
- Participant contributions
- $1,818,684
- Total income / additions
- $5,698,724
- Benefits paid
- $338,436
- Administrative expenses
- $55,966
- Total expenses
- $394,402
- Net increase / (decrease)
- $5,304,322
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $53,778 | $0 |
| Usi Securities Inc | BROKER | $0 | $21,314 |