Plain-English plan 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, Lanco Employees Retirement/ Profit Sharing Plan is a benefit plan reported by Lanco Assembly Systems, Inc. under EIN 01-0394214 and plan number 001. The latest loaded filing year is 2023. The filing reports 217 participants and $16,469,409 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,469,409
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,469,409
- Net assets (BOY)
- $14,436,372
Income & contributions
- Employer contributions
- $61,027
- Participant contributions
- $928,048
- Total contributions
- $1,000,654
- Total income / additions
- $3,587,097
Expenses & distributions
- Benefits paid
- $1,503,529
- Administrative expenses
- $44,770
- Total expenses
- $1,554,060
- Net increase / (decrease)
- $2,033,037