Other
2022 plan-year Other DOL Form 5500

Lgs Management Group, Inc. Employee Stock Ownership Plan

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

Sponsored by Lgs Management Group, Inc. · Virginia · Professional & Technical Services

What the 2023 filing shows

Lgs Management Group, Inc. Employee Stock Ownership Plan holds $6K for 316 participants — about $19 per participant, down 99.5% over the 2022 plan year.

$6K
total plan assets (2022 EOY)
316
covered participants
$19
avg assets per participant
-99.5%
assets change YoY

The plan reported a net loss of $314K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$6K
Participants
316
State
Industry
Professional & Technical Services

What the Filing Says About Lgs Management Group, Inc. Employee Stock Ownership Plan

Lgs Management Group, Inc. Employee Stock Ownership Plan is a Other retirement plan sponsored by Lgs Management Group, Inc., headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $6K in total end-of-year assets and covers 316 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 825475512, and the plan has been effective since 2015-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1M at the beginning of 2022 to $6K at year-end — a decline of 99.5%. Net assets (after liabilities) closed the year at $-12,068,319, with reported net income of $-313,818 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 1 prior plan-year filing 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)$1M
Total Assets (End of Year)$6K
Net Assets (End of Year)$-12,068,319
Net Income$-313,818
Plan TypeOther
Employer EIN825475512
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lgs Management Group, Inc.)

Year Plans Participants Total Assets
2022 1 316 $6K
2023 1 316 $7M

Nearby Other Plans in Virginia

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Lgs Management Group, Inc. Employee Stock Ownership Plan?
As of the 2022 Form 5500 filing, Lgs Management Group, Inc. Employee Stock Ownership Plan holds $6K in total assets with 316 participants. It is sponsored by Lgs Management Group, Inc..
What type of plan is Lgs Management Group, Inc. Employee Stock Ownership Plan?
Lgs Management Group, Inc. Employee Stock Ownership Plan is a Other plan. It has been effective since 2015-01-01. The plan is filed with the U.S. Department of Labor under EIN 825475512.
Who sponsors the Lgs Management Group, Inc. Employee Stock Ownership Plan?
Lgs Management Group, Inc. Employee Stock Ownership Plan is sponsored by Lgs Management Group, Inc., located in Virginia. The sponsor's EIN is 825475512 and the plan operates in the Professional & Technical Services industry.
How did Lgs Management Group, Inc. Employee Stock Ownership Plan perform in 2022?
Lgs Management Group, Inc. Employee Stock Ownership Plan declined by 99.5% during 2022, moving from $1M to $6K in total assets. Net income was $-313,818.
Where can I find official filings for Lgs Management Group, Inc. Employee Stock Ownership Plan?
Official Form 5500 filings for Lgs Management Group, Inc. Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 825475512 or plan name at efast.dol.gov.
How does Lgs Management Group, Inc. Employee Stock Ownership Plan compare to other plans?
You can compare Lgs Management Group, Inc. Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Virginia 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 825475512.

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.