Lb&B Associates Inc. 401(K) Plan — Form 5500 plan (Lb&B Associates 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, Lb&B Associates Inc. 401(K) Plan is a benefit plan reported by Lb&B Associates Inc. under EIN 56-1768228 and plan number 003. The latest loaded filing year is 2023. The filing reports 476 participants and $22,420,487 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lb&B Associates Inc.
- EIN
- 56-1768228
- Plan number
- 003
- Plan type
- 3
- Location
- Columbia, MD
- Latest filing year
- 2023
- Participants
- 476
- End-of-year plan assets
- $22,420,487
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 476 | H, C | 20240614101135NAL0015172243001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,420,487
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,420,487
- Net assets (BOY)
- $19,342,772
Income & contributions
- Employer contributions
- $451,896
- Participant contributions
- $1,082,109
- Total contributions
- $1,756,229
- Total income / additions
- $5,260,855
Expenses & distributions
- Benefits paid
- $2,156,828
- Administrative expenses
- $122,934
- Total expenses
- $2,279,762
- Net increase / (decrease)
- $2,981,093
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Edward D. Jones & Co., L.P. | NONE | $40,670 | $0 | 2023 |
| Nwps | NONE | $6,045 | $0 | 2023 |
| John Hancock Life Insurance Company | NONE | $4,033 | $0 | 2023 |