Glen J Lerner Esq 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Glen J Lerner Esq)

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, Glen J Lerner Esq 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Glen J Lerner Esq under EIN 88-0285623 and plan number 001. The latest loaded filing year is 2023. The filing reports 178 participants and $5,295,142 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.3MPlan net assets, end of year$5,295,142
Participants178Covered participants reported
Assets / participant$29.7KComputed: assets ÷ participants$29,748 (computed)
Provider compensation$22.1K1 Schedule C provider row(s)$22,097
Plan sponsor
Glen J Lerner Esq
EIN
88-0285623
Plan number
001
Plan type
2
Location
Las Vegas, NV
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023178H, C20241011085550NAL0010745379001
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)$5.3M total assets
Net assets$5.3MLiabilities$0
Money in vs. money out
Total income / additions$1.6M
Total expenses$387.8K
Benefits paid / distributions$362.5K
Contributions
Employer$265.7K
Participant$490.1K
Full reported line items

Net assets

Total assets (EOY)
$5,295,142
Total liabilities (EOY)
$0
Net assets (EOY)
$5,295,142
Net assets (BOY)
$4,096,488

Income & contributions

Employer contributions
$265,668
Participant contributions
$490,059
Total contributions
$768,068
Total income / additions
$1,586,452

Expenses & distributions

Benefits paid
$362,482
Administrative expenses
$25,316
Total expenses
$387,798
Net increase / (decrease)
$1,198,654
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 35%Participant 65%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income23%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
United Planners Financial ServicesADVISOR$22,097not reported in the loaded dataset2023

Related Form 5500 pages