2023 Form 5500 filing — Lomar Machine & Tool Co. Savings 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 20250418070823NAL0001229331001) for Lomar Machine & Tool Co. Savings Plan, reported by Lomar Machine & Tool Co. under EIN 38-2216849 and plan number 003. It reports 122 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250418070823NAL0001229331001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lomar Machine & Tool Co.
- EIN
- 38-2216849
- Plan number
- 003
- Location
- Horton, MI
- Participants
- 122
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,885,131
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,885,131
- Employer contributions
- $236,224
- Participant contributions
- $562,348
- Total income / additions
- $6,391,825
- Benefits paid
- $4,379,057
- Administrative expenses
- $64,600
- Total expenses
- $4,443,657
- Net increase / (decrease)
- $1,948,168
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wells Fargo Advisors LLC | INVESTMENT ADVISOR | $36,828 | not reported in the loaded dataset |
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $16,172 | $0 |
| Maner Costerisan & Ellis Pc Dba Man | OTHER | $11,600 | not reported in the loaded dataset |