Lipman 401(K) Plan — Form 5500 plan (Lfc Enterprises LLC)
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, Lipman 401(K) Plan is a benefit plan reported by Lfc Enterprises LLC under EIN 59-3752775 and plan number 001. The latest loaded filing year is 2023. The filing reports 586 participants and $22,859,433 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lfc Enterprises LLC
- EIN
- 59-3752775
- Plan number
- 001
- Plan type
- 2
- Location
- Immokalee, FL
- Latest filing year
- 2023
- Participants
- 586
- End-of-year plan assets
- $22,859,433
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 586 | H, C | 20240906132310NAL0001151617001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,859,433
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,859,433
- Net assets (BOY)
- $20,413,272
Income & contributions
- Employer contributions
- $402,566
- Participant contributions
- $1,060,122
- Total contributions
- $1,504,780
- Total income / additions
- $4,589,771
Expenses & distributions
- Benefits paid
- $2,066,692
- Administrative expenses
- $76,918
- Total expenses
- $2,143,610
- Net increase / (decrease)
- $2,446,161
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $76,917 | $0 | 2023 |
| S B H U Life Agency Inc | OTHER SERVICES | $0 | $28,061 | 2023 |