Lack'S Valley Stores, Ltd. 401(K) Profit Sharing Plan — Form 5500 plan (Lacks Valley Stores, 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, Lack'S Valley Stores, Ltd. 401(K) Profit Sharing Plan is a benefit plan reported by Lacks Valley Stores, Ltd. under EIN 74-2730084 and plan number 001. The latest loaded filing year is 2023. The filing reports 620 participants and $6,573,340 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.5MPlan net assets, end of year$6,516,006
Participants620Covered participants reported
Assets / participant$10.6KComputed: assets ÷ participants$10,602 (computed)
Provider compensation$40.7K2 Schedule C provider row(s)$40,738
Plan sponsor
Lacks Valley Stores, Ltd.
EIN
74-2730084
Plan number
001
Plan type
2
Location
Pharr, TX
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    620 participants · 2Sch HSch C
    View filing →
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)$6.6M total assets
Net assets$6.5MLiabilities$57.3K
Money in vs. money out
Total income / additions$963.2K
Total expenses$1.7M
Benefits paid / distributions$1.6M
Contributions
Employer$0
Participant$81.5K
Full reported line items

Net assets

Total assets (EOY)
$6,573,340
Total liabilities (EOY)
$57,334
Net assets (EOY)
$6,516,006
Net assets (BOY)
$7,241,320

Income & contributions

Employer contributions
$0
Participant contributions
$81,517
Total contributions
$81,517
Total income / additions
$963,244

Expenses & distributions

Benefits paid
$1,612,034
Administrative expenses
$76,524
Total expenses
$1,688,558
Net increase / (decrease)
-$725,314
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.

Contribution share (employer vs. participant)
Employer 0%Participant 100%
Total expenses ÷ net assets26%Computed ratio
Benefits paid ÷ total income167%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    INVESTMENT ADVISOR · Direct $30K
  2. 2
    TPA · Direct $10.8K

Related Form 5500 pages