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, Lift Solutions Holdings, LLC 401(K) Profit Sharing is a benefit plan reported by Lift Solutions Holdings, LLC under EIN 87-2348206 and plan number 002. The latest loaded filing year is 2023. The filing reports 135 participants and $8,312,881 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,312,881
- Total liabilities (EOY)
- $178,719
- Net assets (EOY)
- $8,134,162
- Net assets (BOY)
- $2,937,705
Income & contributions
- Employer contributions
- $579,538
- Participant contributions
- $1,600,324
- Total contributions
- $2,391,162
- Total income / additions
- $3,472,680
Expenses & distributions
- Benefits paid
- $1,870,322
- Administrative expenses
- $64,204
- Total expenses
- $1,934,526
- Net increase / (decrease)
- $1,538,154