Layerzero Power Systems Inc 401k Psp & Trust — Form 5500 plan (Layerzero Power Systems, Inc.)

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, Layerzero Power Systems Inc 401k Psp & Trust is a benefit plan reported by Layerzero Power Systems, Inc. under EIN 34-1951447 and plan number 001. The latest loaded filing year is 2023. The filing reports 142 participants and $4,245,784 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Layerzero Power Systems, Inc.
EIN
34-1951447
Plan number
001
Plan type
2
Location
Aurora, OH
Latest filing year
2023
Participants
142
End-of-year plan assets
$4,245,784

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023142H, C20240731105012NAL0036331504001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,245,784
Total liabilities (EOY)
$0
Net assets (EOY)
$4,245,784
Net assets (BOY)
$3,352,952

Income & contributions

Employer contributions
$226,440
Participant contributions
$459,156
Total contributions
$685,596
Total income / additions
$1,140,310

Expenses & distributions

Benefits paid
$213,963
Administrative expenses
$33,515
Total expenses
$247,478
Net increase / (decrease)
$892,832

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ascensus LLCNONE$16,919$02023
Merrill Lynch Retirement & BenefitNONE$16,596not reported in the loaded dataset2023

Related Form 5500 pages