Lectrodryer 401(K) Plan — Form 5500 plan (Lectrodryer Management, 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, Lectrodryer 401(K) Plan is a benefit plan reported by Lectrodryer Management, Inc. under EIN 61-1400645 and plan number 001. The latest loaded filing year is 2023. The filing reports 60 participants and $6,029,149 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lectrodryer Management, Inc.
- EIN
- 61-1400645
- Plan number
- 001
- Plan type
- 2
- Location
- Richmond, KY
- Latest filing year
- 2023
- Participants
- 60
- End-of-year plan assets
- $6,029,149
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 60 | I | 20240506083745NAL0013117235001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $6,029,149
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,029,149
- Net assets (BOY)
- $4,796,082
Income & contributions
- Employer contributions
- $102,418
- Participant contributions
- $239,096
- Total income / additions
- $1,519,181
Expenses & distributions
- Benefits paid
- $284,313
- Administrative expenses
- $1,801
- Total expenses
- $286,114
- Net increase / (decrease)
- $1,233,067
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.