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, Lipscomb University Defined Contribution Retirement Plan is a benefit plan reported by Lipscomb University under EIN 62-0485733 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,769 participants and $141,395,792 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $141,395,792
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $141,395,792
- Net assets (BOY)
- $122,807,690
Income & contributions
- Employer contributions
- $2,228,878
- Participant contributions
- $4,059,605
- Total contributions
- $6,961,211
- Total income / additions
- $26,349,141
Expenses & distributions
- Benefits paid
- $7,605,458
- Administrative expenses
- $153,502
- Total expenses
- $7,761,039
- Net increase / (decrease)
- $18,588,102