The Preferred Group 401(K) Retirement Plan — Form 5500 plan (Lineage Logistics Holdings, 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, The Preferred Group 401(K) Retirement Plan is a benefit plan reported by Lineage Logistics Holdings, LLC under EIN 30-0707700 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,754 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants1.8KCovered participants reported1,754
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$90K3 Schedule C provider row(s)$89,996
Plan sponsor
Lineage Logistics Holdings, LLC
EIN
30-0707700
Plan number
001
Plan type
2
Location
Novi, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,754H, C20240815125720NAL0007502147001
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.

Money in vs. money out
Total income / additions$2.3M
Total expenses$2.9M
Benefits paid / distributions$2.8M
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
$49,875,482

Income & contributions

Total contributions
$0
Total income / additions
$2,259,438

Expenses & distributions

Benefits paid
$2,793,317
Administrative expenses
$80,462
Total expenses
$2,873,779
Net increase / (decrease)
-$614,341
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.

Benefits paid ÷ total income124%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$46,382$02023
Sageview Advisory Group, LLCNONE$28,500not reported in the loaded dataset2023
Vanguard Advisers Inc.NONE$15,114not reported in the loaded dataset2023

Related Form 5500 pages