Leading Technology Composites Inc. Profit Sharing/401(K) Plan And Trust — Form 5500 plan (Leading Technology Composites 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, Leading Technology Composites Inc. Profit Sharing/401(K) Plan And Trust is a benefit plan reported by Leading Technology Composites Inc. under EIN 48-1141008 and plan number 001. The latest loaded filing year is 2023. The filing reports 530 participants and $10,163,115 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Leading Technology Composites Inc.
- EIN
- 48-1141008
- Plan number
- 001
- Plan type
- 2
- Location
- Wichita, KS
- Latest filing year
- 2023
- Participants
- 530
- End-of-year plan assets
- $10,163,115
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 530 | H, C | 20240927150138NAL0004070752001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,163,115
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,163,115
- Net assets (BOY)
- $7,338,988
Income & contributions
- Employer contributions
- $550,872
- Participant contributions
- $1,202,746
- Total contributions
- $2,081,110
- Total income / additions
- $3,268,617
Expenses & distributions
- Benefits paid
- $377,515
- Administrative expenses
- $66,975
- Total expenses
- $444,490
- Net increase / (decrease)
- $2,824,127
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Keating Financial Advisory Services | NONE | $60,473 | $0 | 2023 |
| Nationwide | NONE | $29,956 | $0 | 2023 |
| Keating And Associates Inc | NONE | $10,054 | $0 | 2023 |