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, Lg-Tek 401(K) Plan is a benefit plan reported by Lingual Information System Technologies, Inc. under EIN 52-2052029 and plan number 001. The latest loaded filing year is 2023. The filing reports 184 participants and $4,417,782 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,417,782
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,417,782
- Net assets (BOY)
- $3,701,695
Income & contributions
- Employer contributions
- $99,588
- Participant contributions
- $431,669
- Total contributions
- $531,257
- Total income / additions
- $1,041,118
Expenses & distributions
- Benefits paid
- $290,636
- Administrative expenses
- $3,574
- Total expenses
- $325,031
- Net increase / (decrease)
- $716,087