T & L Lease Service, Ltd. Employees' Profit Sharing Plan And Trust — Form 5500 plan (T & L Lease Service, Ltd.)

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, T & L Lease Service, Ltd. Employees' Profit Sharing Plan And Trust is a benefit plan reported by T & L Lease Service, Ltd. under EIN 74-1659311 and plan number 001. The latest loaded filing year is 2023. The filing reports 127 participants and $366,523 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$366.5KPlan net assets, end of year$366,523
Participants127Covered participants reported
Assets / participant$2.9KComputed: assets ÷ participants$2,886 (computed)
Provider compensation$3.4K1 Schedule C provider row(s)$3,446
Plan sponsor
T & L Lease Service, Ltd.
EIN
74-1659311
Plan number
001
Plan type
2
Location
Alvin, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023127H, C20250121132253NAL0003476801001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$366.5K total assets
Net assets$366.5KLiabilities$0
Money in vs. money out
Total income / additions$53.7K
Total expenses$24.7K
Benefits paid / distributions$21.3K
Contributions
Employer$10K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$366,523
Total liabilities (EOY)
$0
Net assets (EOY)
$366,523
Net assets (BOY)
$337,548

Income & contributions

Employer contributions
$10,000
Total contributions
$10,000
Total income / additions
$53,672

Expenses & distributions

Benefits paid
$21,251
Administrative expenses
$3,446
Total expenses
$24,697
Net increase / (decrease)
$28,975
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income40%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Bokf, NaTRUSTEE$3,446$02023

Related Form 5500 pages