Language Line Services 401(K) Retirement Plan — Form 5500 plan (Language Line, LLC)

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, Language Line Services 401(K) Retirement Plan is a benefit plan reported by Language Line, LLC under EIN 05-0504190 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,410 participants and $86,242,294 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Language Line, LLC
EIN
05-0504190
Plan number
001
Plan type
2
Location
Monterey, CA
Latest filing year
2023
Participants
4,410
End-of-year plan assets
$86,242,294

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,410H, C20241007122000NAL0007562179001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$86,242,294
Total liabilities (EOY)
$0
Net assets (EOY)
$86,242,294
Net assets (BOY)
$71,501,429

Income & contributions

Employer contributions
$2,578,969
Participant contributions
$7,041,270
Total contributions
$10,052,106
Total income / additions
$21,177,130

Expenses & distributions

Benefits paid
$6,321,992
Administrative expenses
$29,231
Total expenses
$6,436,265
Net increase / (decrease)
$14,740,865

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln National CorporationSERVICE PROVIDER$23,086$02023
Moss Adams, LlpACCOUNTING$6,145not reported in the loaded dataset2023

Related Form 5500 pages