Legend Seeds, Inc. Employee Stock Ownership Plan — Form 5500 plan (Legend Seeds, 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, Legend Seeds, Inc. Employee Stock Ownership Plan is a benefit plan reported by Legend Seeds, Inc. under EIN 46-0412041 and plan number 002. The latest loaded filing year is 2023. The filing reports 137 participants and $536,409 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)-$2.5MPlan net assets, end of year-$2,519,897
Participants137Covered participants reported
Assets / participant$3.9KComputed: assets ÷ participants$3,915 (computed)
Provider compensationNone reported
Plan sponsor
Legend Seeds, Inc.
EIN
46-0412041
Plan number
002
Plan type
2
Location
De Smet, SD
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023137H20260127151921NAL0003351664001
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)$536.4K total assets
Net assets-$2.5MLiabilities$3.1M
Money in vs. money out
Total income / additions-$362.4K
Total expenses$74.6K
Benefits paid / distributions$37.4K
Contributions
Employer$361.3K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$536,409
Total liabilities (EOY)
$3,056,306
Net assets (EOY)
-$2,519,897
Net assets (BOY)
-$2,082,914

Income & contributions

Employer contributions
$361,309
Total contributions
$361,309
Total income / additions
-$362,390

Expenses & distributions

Benefits paid
$37,377
Administrative expenses
$0
Total expenses
$74,593
Net increase / (decrease)
-$436,983

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages