How big is LIP, LLC's plan?

LIP, LLC's plan reported $52K in assets and 24 participants for 2024.

Original filing (PDF)20250718105129NAL0002430112001

LIP, LLC

Name: LIP, LLC — LIP- Venture 401(k) Plan, Form 5500 (2024)
Creator: LIP, LLC
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

LIP- Venture 401(k) Plan

401(k) retirement plan · LIP, LLC's LIP- Venture 401(k) Plan held $52K in plan assets for 24 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$52K

Net assets (EOY)

$52K

People on this filing

Marcus Bowie signed LIP, LLC's 2024 Form 5500 as plan administrator.

Marcus Bowie — 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

LIP, LLC's EIN is 83-2589843.

EIN 83-2589843

Plan number 001

Plan year 2024

ACK ID 20250718105129NAL0002430112001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

LIP, LLC's plan includes ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

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

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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. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (7th percentile).

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.

Plan sponsor

Name

LIP, LLC

EIN

all filings

Address

P.O. BOX 640 · SACO, ME · 04072

Phone

(207) 494-1179

Industry

Accommodation & Food Services

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

2025-07-18

Pension benefit codes

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2T · Default investment account (QDIA)

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

3H · Sponsor in controlled / affiliated group

Audit & trust (Schedule H)

Auditor

—

Trustee / custodian

Service providers (Schedule C)

Small plans don't disclose service providers

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