Plan5500

The Lane Construction Corporation 401(K) Savings Plan — Form 5500 plan (The Lane Construction Corporation)

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, The Lane Construction Corporation 401(K) Savings Plan is a benefit plan reported by The Lane Construction Corporation under EIN 06-0421150 and plan number 003. The latest loaded filing year is 2023. The filing reports 4,570 participants and $198,698,020 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$198.7MPlan net assets, end of year$198,698,020
Participants4.6KCovered participants reported4,570
Assets / participant$43.5KComputed: assets ÷ participants$43,479 (computed)
Provider compensation$103.9K2 Schedule C provider row(s)$103,924
Plan sponsor
The Lane Construction Corporation
EIN
06-0421150
Plan number
003
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    4,570 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$198.7M total assets
Net assets$198.7MLiabilities$0
Money in vs. money out
Total income / additions$50.2M
Total expenses$19.9M
Benefits paid / distributions$19.8M
Contributions
Employer$8.6M
Participant$9M
Full reported line items

Net assets

Total assets (EOY)
$198,698,020
Total liabilities (EOY)
$0
Net assets (EOY)
$198,698,020
Net assets (BOY)
$168,432,028

Income & contributions

Employer contributions
$8,604,449
Participant contributions
$8,977,367
Total contributions
$18,357,646
Total income / additions
$50,201,828

Expenses & distributions

Benefits paid
$19,831,913
Administrative expenses
$103,923
Total expenses
$19,935,836
Net increase / (decrease)
$30,265,992
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 49%Participant 51%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income40%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Strategic Advisors, Inc.$74.5K
    ADVISOR · Direct $74.5K
  2. 2
    Fidelity Investments Institutional$29.5K
    RECORDKEEPER · Direct $29.5K · Indirect $0

Related Form 5500 pages