William A LaPlante
Under Secretary for Acquisition & Sustainment
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $1.7 M - $3.7 M
Salary
  • salary
    Unknown
Employment
  • Started 04/07/2022

Financial Disclosure Details - OGE Form 278e (05/01/2023)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Charles Stark Draper Laboratory, Inc.
Cambridge, Massachusetts
CEO
4/2022
2
Arka GP, LLC – formerly Amergint Topco GP, LLC
New York, New York
Member, Board of Managers
4/2022
3
El Segundo, California
Member Board of Trustee
4/2022
4
Arlington, Virginia
Member, Board for Directors
4/2022
5
Lightweight Innovations for Tomorrow (LIFT)
Detroit, Michigan
Member, Board of Directors
4/2022
6
Gloster Consulting LLC
Bethesda, Maryland
Owner
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
The Charles Stark Draper Laboratory, Inc.
Salary/Bonus
$222,363
2
Arka GP, LLC – formerly Amergint Topco GP, LLC
Consulting Fees
$50,000
3
Aerospace Corporation
Salary
$7,500
4
Johns Hopkins University Applied Physics Laboratory 403(B)7
4.1
Vanguard Institutional Target Retirement 2030 (VTTWX)
$50,001 - $100,000
None (or less than $201)
5
Johns Hopkins University Applied Physics Laboratory - 401(a)
5.1
Vanguard Target Retirement 2030 Trust
$500,001 - $1,000,000
None (or less than $201)
6
Charles Stark Draper Laboratory - 457(b)
6.1
TIAA-CREF Lifecycle 2025 Fund Institutional Class (TCYIX)
$15,001 - $50,000
None (or less than $201)
7
MITRE Corporation Tax Sheltered Annuity - 403(B)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Johns Hopkins University Applied Physics Laboratory
Laurel, Maryland
I will continue to participate in the defined contribution plans. The sponsor has not contributed to these plans after my separation.
8/1985
2
Charles Stark Draper Laboratory
Cambridge, Massachusetts
Pursuant to the terms of my agreement with the company, I was paid the balance of unpaid travel reimbursement through the date of my resignation. Upon my resignation, I forfeited the unvested portion of the employer contribution to my 403(B) defined contribution plan. I will continue to participate in the defined contribution plans. The plan sponsor will not make further contributions after my separation.
10/2020
3
The MITRE Corporation
McLean, Virginia
I will continue to participate in these defined contribution plans. The sponsor has not contributed to these plans after my separation.
5/2011
4
Gloster Consulting LLC
Bethesda, Maryland
During my appointment, the LLC will remain dormant and will not advertise. I will not perform any services for the entity, except that I will comply with any requirements involving legal filings, taxes and fees that are necessary to maintain the entity while it is in inactive status.
2/2019
5
Arka GP, LLC – formerly Amergint Topco GP, LLC
New York, New York
Pursuant to the terms of my agreement with the company, I was paid the balance of my consulting fees for services provided through the date of my resignation.
8/2020
6
Arka Group, L.P.
New York, New York
As compensation for my services to Arka GP, LLC, I hold Class B profits interest units in Arka Group, L.P. Upon separation from Arka GP, LLC, I retained my vested profits interest units in Arka Group, L.P. Pursuant to the terms of my profits interest unit award agreement, I will only receive compensation from my units if the units are repurchased by Arka Group, L.P at fair market value within three years of the date of my separation from Arka GP, LLC, or if there is a sale or change in control of the partnership. In the event of a sale or change in control, Unit A holders have the right to recover their investment, plus a rate of return of 12.5% per year before Unit B holders are entitled to any value. If Arka Group, L.P is sold at a value higher than the Unit A investment amount plus the rate of return for each succeeding year, the remaining sales proceeds will be split based on the percentage of Unit A holders (87.4%) and the percentage of Unit B holders (12.6%) and allocated in accordance with the number of vested profits interest units held.
8/2020

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
Nothing reported in this section

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
Nothing reported in this section

Other Assets and Income

#
Description
Value
Type
Amount
1
U.S. credit union #1 (cash)
$250,001 - $500,000
None (or less than $201)
2
U.S. credit union #2 (cash)
$1,001 - $15,000
None (or less than $201)
3
Amazon.com, Inc. (AMZN)
$1,001 - $15,000
None (or less than $201)
4
Costco Wholesale Corp. (COST)
$1,001 - $15,000
None (or less than $201)
5
Life Insurance Policy (universal plan) - Transamerica-
$1,001 - $15,000
None (or less than $201)
6
Life Insurance Policy (universal plan) Transamerica
$1,001 - $15,000
None (or less than $201)
7
TIAA-CREF Equity Index Fund - Retail Class (TINRX)
$1,001 - $15,000
None (or less than $201)
8
TIAA CREF Lifetime Annuity Variable Select
8.1
TIAA-CREF Stock Index Fund
$1,001 - $15,000
None (or less than $201)

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
APL Federal Credit Union
$100,001 - $250,000
2010
15 years

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
1
6
LLC has not been used and has had no fiscal transactions or monetary value
2
9
100% Vested
2
10
All unvested shares were forfeited upon my resignation.
2
14
No longer held. All unvested profit interests were forfeited upon my separation from Arka GP, LLC.

Do you have information about William A LaPlante that is missing from this database?

Drop us a line at info@insidebidensbasement.org.

We want your help. If you have any additional information about an appointee that is or isn’t in our database, or any corrections, let us know via email at info@insidebidensbasement.org .

© 2024 Biden's Basement. All rights reserved