Lerner Corporation 401(K) Plan — Form 5500 plan (Lerner Corporation)
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, Lerner Corporation 401(K) Plan is a benefit plan reported by Lerner Corporation under EIN 52-0815758 and plan number 001. The latest loaded filing year is 2023. The filing reports 469 participants and $35,494,909 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$35.5MPlan net assets, end of year$35,494,909
Participants469Covered participants reported
Assets / participant$75.7KComputed: assets ÷ participants$75,682 (computed)
Provider compensation$133.2K3 Schedule C provider row(s)$133,199
- Plan sponsor
- Lerner Corporation
- EIN
- 52-0815758
- Plan number
- 001
- Plan type
- 2
- Location
- Rockville, MD
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 469 | H, C | 20241002130833NAL0004810483001 |
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)$35.5M total assets
Net assets$35.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $35,494,909
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,494,909
- Net assets (BOY)
- $33,187,736
Income & contributions
- Employer contributions
- $712,727
- Participant contributions
- $2,947,334
- Total contributions
- $4,953,882
- Total income / additions
- $9,339,378
Expenses & distributions
- Benefits paid
- $6,895,737
- Administrative expenses
- $133,199
- Total expenses
- $7,032,205
- Net increase / (decrease)
- $2,307,173
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 assets20%Computed ratio
Benefits paid ÷ total income74%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $69,627 | $0 | 2023 |
| Kestra Advisory Svc LLC | INVESTMENT ADVISORY | $49,991 | not reported in the loaded dataset | 2023 |
| Jones & Mcintyre, Pllc | ACCOUNTANT | $13,581 | not reported in the loaded dataset | 2023 |