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, Live Oak Banking Company 401(K) Plan is a benefit plan reported by Live Oak Banking Company under EIN 80-0182298 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,079 participants and $103,962,378 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $103,962,378
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $103,962,378
- Net assets (BOY)
- $74,001,075
Income & contributions
- Employer contributions
- $6,548,915
- Participant contributions
- $9,415,900
- Total contributions
- $18,133,048
- Total income / additions
- $34,545,697
Expenses & distributions
- Benefits paid
- $4,485,517
- Administrative expenses
- $86,582
- Total expenses
- $4,584,394
- Net increase / (decrease)
- $29,961,303