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, Lowers Risk Group, LLC 401(K) Plan is a benefit plan reported by Lowers Risk Group, LLC under EIN 45-5167090 and plan number 001. The latest loaded filing year is 2023. The filing reports 225 participants and $6,301,602 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,301,602
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,301,602
- Net assets (BOY)
- $5,816,449
Income & contributions
- Employer contributions
- $137,239
- Participant contributions
- $516,219
- Total contributions
- $700,649
- Total income / additions
- $1,779,973
Expenses & distributions
- Benefits paid
- $1,249,925
- Administrative expenses
- $43,417
- Total expenses
- $1,294,820
- Net increase / (decrease)
- $485,153