401(k)
2023 plan-year 401(k) DOL Form 5500

Lg-Tek 401(k) Plan

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

Sponsored by Lingual Information System Technologies, Inc. · Maryland · Professional & Technical Services

What the 2023 filing shows

Lg-Tek 401(k) Plan holds $4M for 133 participants — about $33,216 per participant, up 19.3% over the 2023 plan year.

$4M
total plan assets (2023 EOY)
133
covered participants
$33,216
avg assets per participant
+19.3%
assets growth YoY
Total Assets (2023)
$4M
Participants
133
State
Industry
Professional & Technical Services

What the Filing Says About Lg-Tek 401(k) Plan

Lg-Tek 401(k) Plan is a 401(k) retirement plan sponsored by Lingual Information System Technologies, Inc., headquartered in Maryland. As of the 2023 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 133 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 522052029, and the plan has been effective since 2007-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2023 to $4M at year-end — a gain of 19.3%. Net assets (after liabilities) closed the year at $4M, with reported net income of $716K 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$4M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$716K
Plan Type401(k)
Employer EIN522052029
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lingual Information System Technologies, Inc.)

Year Plans Participants Total Assets
2022 1 123 $4M
2023 1 133 $4M
2024 1 135 $5M

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Frequently Asked Questions

How much money is in the Lg-Tek 401(k) Plan?
As of the 2023 Form 5500 filing, Lg-Tek 401(k) Plan holds $4M in total assets with 133 participants. It is sponsored by Lingual Information System Technologies, Inc..
What type of plan is Lg-Tek 401(k) Plan?
Lg-Tek 401(k) Plan is a 401(k) plan. It has been effective since 2007-01-01. The plan is filed with the U.S. Department of Labor under EIN 522052029.
Who sponsors the Lg-Tek 401(k) Plan?
Lg-Tek 401(k) Plan is sponsored by Lingual Information System Technologies, Inc., located in Maryland. The sponsor's EIN is 522052029 and the plan operates in the Professional & Technical Services industry.
How did Lg-Tek 401(k) Plan perform in 2023?
Lg-Tek 401(k) Plan grew by 19.3% during 2023, moving from $4M to $4M in total assets. Net income was $716K.
Where can I find official filings for Lg-Tek 401(k) Plan?
Official Form 5500 filings for Lg-Tek 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 522052029 or plan name at efast.dol.gov.
How does Lg-Tek 401(k) Plan compare to other plans?
You can compare Lg-Tek 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Maryland 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 522052029.

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.