Lomar Machine & Tool Co. Savings Plan — Form 5500 plan (Lomar Machine & Tool Co.)
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, Lomar Machine & Tool Co. Savings Plan is a benefit plan reported by Lomar Machine & Tool Co. under EIN 38-2216849 and plan number 003. The latest loaded filing year is 2023. The filing reports 122 participants and $22,885,131 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lomar Machine & Tool Co.
- EIN
- 38-2216849
- Plan number
- 003
- Plan type
- 2
- Location
- Horton, MI
- Latest filing year
- 2023
- Participants
- 122
- End-of-year plan assets
- $22,885,131
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 122 | H, C | 20250418070823NAL0001229331001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,885,131
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,885,131
- Net assets (BOY)
- $20,936,963
Income & contributions
- Employer contributions
- $236,224
- Participant contributions
- $562,348
- Total contributions
- $1,413,858
- Total income / additions
- $6,391,825
Expenses & distributions
- Benefits paid
- $4,379,057
- Administrative expenses
- $64,600
- Total expenses
- $4,443,657
- Net increase / (decrease)
- $1,948,168
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wells Fargo Advisors LLC | INVESTMENT ADVISOR | $36,828 | not reported in the loaded dataset | 2023 |
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $16,172 | $0 | 2023 |
| Maner Costerisan & Ellis Pc Dba Man | OTHER | $11,600 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Lomar Machine & Tool Co.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Horton, MI
- Wells Fargo Advisors LLC — Schedule C compensation
- Capital Group Retirement Plan Svcs. — Schedule C compensation
- Maner Costerisan & Ellis Pc Dba Man — Schedule C compensation