Logan Contractors Supply, Inc. 401(K) Plan — Form 5500 plan (Logan Contractors Supply, 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, Logan Contractors Supply, Inc. 401(K) Plan is a benefit plan reported by Logan Contractors Supply, Inc. under EIN 42-1346050 and plan number 001. The latest loaded filing year is 2023. The filing reports 220 participants and $15,968,896 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$16MPlan net assets, end of year$15,954,395
Participants220Covered participants reported
Assets / participant$72.6KComputed: assets ÷ participants$72,586 (computed)
Provider compensation$54.6K2 Schedule C provider row(s)$54,584
- Plan sponsor
- Logan Contractors Supply, Inc.
- EIN
- 42-1346050
- Plan number
- 001
- Plan type
- 2
- Location
- Des Moines, IA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 220 | H, C | 20241014085327NAL0025763777001 |
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)$16M total assets
Net assets$16MLiabilities$14.5K
Full reported line items
Net assets
- Total assets (EOY)
- $15,968,896
- Total liabilities (EOY)
- $14,501
- Net assets (EOY)
- $15,954,395
- Net assets (BOY)
- $12,715,968
Income & contributions
- Employer contributions
- $248,199
- Participant contributions
- $1,032,795
- Total contributions
- $1,280,994
- Total income / additions
- $3,567,082
Expenses & distributions
- Benefits paid
- $271,526
- Administrative expenses
- $57,129
- Total expenses
- $328,655
- Net increase / (decrease)
- $3,238,427
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.
19%81%
Employer 19%Participant 81%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income8%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| City State Bank | NONE | $49,507 | not reported in the loaded dataset | 2023 |
| Epic Retirement Plan Services | NONE | $5,077 | $0 | 2023 |