How big is Language Line, LLC's plan?

Language Line, LLC's plan reported $103.4M in assets and 4,265 participants for 2024.

Original filing (PDF)20251105093134NAL0008204849001

Language Line, LLC

Name: Language Line, LLC — Language Line Services 401(k), Form 5500 (2024)
Creator: Language Line, LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Language Line Services 401(k) Retirement Plan

401(k) retirement plan · Language Line, LLC's Language Line Services 401(k) Retirement Plan held $103.4M in plan assets for 4,265 participants in 2024, with Lincoln Financial as recordkeeper.

Signals · 2

Late participant contributionsCorrective distributions issued

Active participants

4,265

Accounts w/ balance

1,924

Plan assets (EOY)

$103.4M

Net assets (EOY)

$103.4M

People on this filing

Michael Taormina signed Language Line, LLC's 2024 Form 5500 as plan administrator.

Michael Taormina — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Language Line, LLC's EIN is 05-0504190.

EIN 05-0504190

Plan number 001

Plan year 2024

ACK ID 20251105093134NAL0008204849001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Language Line, LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Language Line, LLC's plan includes ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA), profit-sharing.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for LANGUAGE LINE, LLC.

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How this plan invests

This plan

23 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 23K (0% of contributions).
Corrective distributions issued (likely failed ADP/ACP testing).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (4th percentile).
Bottom-decile employer contributions per participant (8th percentile).

Plan sponsor

Name

LANGUAGE LINE, LLC

EIN

all filings

Address

1 LOWER RAGSDALE DRIVE · BUILDING 2 · MONTEREY, CA · 939405747

Phone

(831) 648-5816

Industry

Admin Support & Waste Mgmt

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-11-05

Pension benefit codes

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

3H · Sponsor in controlled / affiliated group

2E · Profit-sharing

Service providers (Schedule C)

2 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
LINCOLN NATIONAL CORPORATION	35-1140070	—	SERVICE PROVIDER	$26K	—

Accountant / Auditor

Name	EIN	Location	Relation	Direct comp	Indirect comp
MOSS ADAMS, LLP	91-0189318	—	ACCOUNTING	$7K	—

Investments

23 direct securities· $103.4M(100% of reported assets)

Mutual Funds

$51.0M

9 holdings

Other securities

$30.5M

12 holdings

Common Collective Trusts

$15.2M

1 holding

Stable Value

$6.7M

1 holding

					% of plan
BNY Mellon Institutional S&P 500 Stock Index Class I Mutual Fund	Common Collective Trusts	—	—	$15.2M	14.7%
MFS Lifetime 2040 Class R3 Mutual Fund	Mutual Funds	—	—	$14.9M	14.4%
MFS Lifetime 2030 Class R3 Mutual Fund	Mutual Funds	—	—	$13.6M	13.1%
AB Large Cap Growth Advisor Class Mutual Fund	Other securities	—	—	$7.6M	7.4%
MFS Lifetime Income Class R3 Mutual Fund	Mutual Funds	—	—	$7.6M	7.3%
MFS Lifetime 2050 Class R3 Mutual Fund	Mutual Funds	—	—	$7.5M	7.3%
Lincoln Stable Value Account - LNGPC Fixed Annuity	Stable Value	—	—	$6.7M	6.5%
Columbia Seligman Communications And Information Class I2 Mutual Fund	Other securities	—	—	$4.3M	4.1%
Columbia Mid Cap Index Class I2 Shares Mutual Fund	Other securities	—	—	$3.7M	3.6%
BlackRock Health Sciences Opportunities Institutional Shares Mutual Fund	Other securities	—	—	$3.2M	3.1%
BlackRock Total Return Class K Shares Mutual Fund	Other securities	—	—	$3.2M	3.1%
JPMorgan Equity Income Class R5 Mutual Fund	Other securities	—	—	$3.0M	2.9%
MFS Lifetime 2060 Class R3 Mutual Fund	Mutual Funds	—	—	$2.8M	2.7%
MFS International Growth Class R4 Mutual Fund	Mutual Funds	—	—	$2.2M	2.2%
JPMorgan Small Cap Equity Class R5 Mutual Fund	Other securities	—	—	$1.8M	1.7%
maturing through September 2039 -0-	Other securities	—	—	$1.7M	1.6%
American Funds New World Class R5E Mutual Fund	Mutual Funds	—	—	$1.5M	1.4%
Eaton Vance High Income Opportunities Class I Mutual Fund	Other securities	—	—	$1.2M	1.1%
Undiscovered Managers Behavioral Value Class R5 Mutual Fund	Other securities	—	—	$922K	0.9%
Nuveen Real Estate Securities Select Mutual Fund	Mutual Funds	—	—	$854K	0.8%
Ishares Msci Eafe International Index Investor A Shares Mutual Fund	Other securities	—	—	$31K	<0.1%
Ishares Us Aggregate Bond Index Investor A Shares Mutual Fund	Other securities	—	—	$9K	<0.1%
Pimco International Bond Us Dollar Hedged Administrative Class Mutual Fund	Mutual Funds	—	—	$2K	<0.1%