401(k)
2022 plan-year 401(k) DOL Form 5500

Division Laundry & Cleaners, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by El Holdings, LLC · Texas · Other Services

What the 2023 filing shows

Division Laundry & Cleaners, Inc. 401(k) Plan holds $1M for 149 participants — about $9,060 per participant, down 4.6% over the 2022 plan year.

$1M
total plan assets (2022 EOY)
149
covered participants
$9,060
avg assets per participant
-4.6%
assets change YoY

The plan reported a net loss of $65K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$1M
Participants
149
State
Industry
Other Services

What the Filing Says About Division Laundry & Cleaners, Inc. 401(k) Plan

Division Laundry & Cleaners, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by El Holdings, LLC, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 149 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 741305762, and the plan has been effective since 2011-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1M at the beginning of 2022 to $1M at year-end — a decline of 4.6%. Net assets (after liabilities) closed the year at $1M, with reported net income of $-64,718 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$1M
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income$-64,718
Plan Type401(k)
Employer EIN741305762
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Division Laundry & Cleaners, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Division Laundry & Cleaners, Inc. 401(k) Plan holds $1M in total assets with 149 participants. It is sponsored by El Holdings, LLC.
What type of plan is Division Laundry & Cleaners, Inc. 401(k) Plan?
Division Laundry & Cleaners, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2011-01-01. The plan is filed with the U.S. Department of Labor under EIN 741305762.
Who sponsors the Division Laundry & Cleaners, Inc. 401(k) Plan?
Division Laundry & Cleaners, Inc. 401(k) Plan is sponsored by El Holdings, LLC, located in Texas. The sponsor's EIN is 741305762 and the plan operates in the Other Services industry.
How did Division Laundry & Cleaners, Inc. 401(k) Plan perform in 2022?
Division Laundry & Cleaners, Inc. 401(k) Plan declined by 4.6% during 2022, moving from $1M to $1M in total assets. Net income was $-64,718.
Where can I find official filings for Division Laundry & Cleaners, Inc. 401(k) Plan?
Official Form 5500 filings for Division Laundry & Cleaners, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 741305762 or plan name at efast.dol.gov.
How does Division Laundry & Cleaners, Inc. 401(k) Plan compare to other plans?
You can compare Division Laundry & Cleaners, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 741305762.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.