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THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameTHE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 001

THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Stock bonus
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • The employer maintaining this ESOP is an S Corporation

401k Sponsoring company profile

THE LANE PRESS, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE LANE PRESS, INC.
Employer identification number (EIN):030136330
NAIC Classification:323100

Additional information about THE LANE PRESS, INC.

Jurisdiction of Incorporation: Vermont Secretary of State Corporations Division
Incorporation Date: 1924-06-09
Company Identification Number: 44962
Legal Registered Office Address: 87 MEADOWLAND DRIVE

S.BURLINGTON
United States of America (USA)
05403

More information about THE LANE PRESS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-07-01KRIS WERNHOFF
0012011-07-01WENDY LETOURNEAU
0012010-07-01WENDY LETOURNEAU
0012009-07-01WENDY LETOURNEAU ROBERT MORRIS2011-01-28

Plan Statistics for THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2012: THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year2012-07-01158
Total number of active participants reported on line 7a of the Form 55002012-07-010
Number of retired or separated participants receiving benefits2012-07-010
Number of other retired or separated participants entitled to future benefits2012-07-010
Total of all active and inactive participants2012-07-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-07-010
Total participants2012-07-010
Number of participants with account balances2012-07-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-07-010
2011: THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year2011-07-01177
Total number of active participants reported on line 7a of the Form 55002011-07-01105
Number of retired or separated participants receiving benefits2011-07-014
Number of other retired or separated participants entitled to future benefits2011-07-0149
Total of all active and inactive participants2011-07-01158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-07-010
Total participants2011-07-01158
Number of participants with account balances2011-07-01158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-07-010
2010: THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k membership
Total participants, beginning-of-year2010-07-01190
Total number of active participants reported on line 7a of the Form 55002010-07-01113
Number of retired or separated participants receiving benefits2010-07-013
Number of other retired or separated participants entitled to future benefits2010-07-0161
Total of all active and inactive participants2010-07-01177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-07-010
Total participants2010-07-01177
Number of participants with account balances2010-07-01177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-07-010
2009: THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k membership
Total participants, beginning-of-year2009-07-01205
Total number of active participants reported on line 7a of the Form 55002009-07-01125
Number of retired or separated participants receiving benefits2009-07-013
Number of other retired or separated participants entitled to future benefits2009-07-0162
Total of all active and inactive participants2009-07-01190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-07-010
Total participants2009-07-01190
Number of participants with account balances2009-07-01190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-07-010

Financial Data on THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2013 : THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-06-30$146,198
Total unrealized appreciation/depreciation of assets2013-06-30$146,198
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-06-30$1,326,001
Total income from all sources (including contributions)2013-06-30$146,332
Total loss/gain on sale of assets2013-06-30$0
Total of all expenses incurred2013-06-30$2,597,587
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-06-30$2,563,750
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-06-30$0
Value of total assets at end of year2013-06-30$0
Value of total assets at beginning of year2013-06-30$3,777,256
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-06-30$33,837
Total interest from all sources2013-06-30$134
Total dividends received (eg from common stock, registered investment company shares)2013-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-06-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2013-06-30$0
Administrative expenses professional fees incurred2013-06-30$20,314
Was this plan covered by a fidelity bond2013-06-30Yes
Value of fidelity bond cover2013-06-30$2,000,000
If this is an individual account plan, was there a blackout period2013-06-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-06-30$3,874,627
Were there any nonexempt tranactions with any party-in-interest2013-06-30No
Assets. Other investments not covered elsewhere at beginning of year2013-06-30$21
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2013-06-30$-1,326,001
Administrative expenses (other) incurred2013-06-30$22
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-06-30No
Value of net income/loss2013-06-30$-2,451,255
Value of net assets at end of year (total assets less liabilities)2013-06-30$0
Value of net assets at beginning of year (total assets less liabilities)2013-06-30$2,451,255
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2013-06-30No
Were any leases to which the plan was party in default or uncollectible2013-06-30No
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-06-30$142,336
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-06-30$142,336
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-06-30$134
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-06-30No
Was there a failure to transmit to the plan any participant contributions2013-06-30No
Has the plan failed to provide any benefit when due under the plan2013-06-30No
Assets. Invements in employer securities at beginning of year2013-06-30$3,634,899
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-06-30$3,889,751
Contract administrator fees2013-06-30$13,501
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-06-30No
Liabilities. Value of benefit claims payable at beginning of year2013-06-30$1,326,001
Did the plan have assets held for investment2013-06-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-06-30Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-06-30Yes
Opinion of an independent qualified public accountant for this plan2013-06-30Disclaimer
Accountancy firm name2013-06-30MCSOLEY MCCOY & CO.
Accountancy firm EIN2013-06-30030327374
2012 : THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-06-30$-818,524
Total unrealized appreciation/depreciation of assets2012-06-30$-818,524
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-06-30$1,326,001
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-06-30$1,809,705
Total income from all sources (including contributions)2012-06-30$-818,280
Total loss/gain on sale of assets2012-06-30$0
Total of all expenses incurred2012-06-30$-41,387
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-06-30$-61,903
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-06-30$0
Value of total assets at end of year2012-06-30$3,777,256
Value of total assets at beginning of year2012-06-30$5,037,853
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-06-30$20,516
Total interest from all sources2012-06-30$244
Total dividends received (eg from common stock, registered investment company shares)2012-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-06-30No
Administrative expenses professional fees incurred2012-06-30$1,239
Was this plan covered by a fidelity bond2012-06-30Yes
Value of fidelity bond cover2012-06-30$2,000,000
If this is an individual account plan, was there a blackout period2012-06-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-06-30$421,801
Were there any nonexempt tranactions with any party-in-interest2012-06-30No
Assets. Other investments not covered elsewhere at end of year2012-06-30$21
Assets. Other investments not covered elsewhere at beginning of year2012-06-30$11
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2012-06-30$-483,704
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-06-30No
Value of net income/loss2012-06-30$-776,893
Value of net assets at end of year (total assets less liabilities)2012-06-30$2,451,255
Value of net assets at beginning of year (total assets less liabilities)2012-06-30$3,228,148
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2012-06-30No
Were any leases to which the plan was party in default or uncollectible2012-06-30No
Investment advisory and management fees2012-06-30$8,275
Interest earned on other investments2012-06-30$19
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-06-30$142,336
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-06-30$127,616
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-06-30$127,616
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-06-30$225
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-06-30No
Was there a failure to transmit to the plan any participant contributions2012-06-30No
Has the plan failed to provide any benefit when due under the plan2012-06-30No
Assets. Invements in employer securities at end of year2012-06-30$3,634,899
Assets. Invements in employer securities at beginning of year2012-06-30$4,875,226
Employer contributions (assets) at beginning of year2012-06-30$35,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-06-30$421,801
Contract administrator fees2012-06-30$11,002
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-06-30No
Liabilities. Value of benefit claims payable at end of year2012-06-30$1,326,001
Liabilities. Value of benefit claims payable at beginning of year2012-06-30$1,809,705
Did the plan have assets held for investment2012-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-06-30Yes
Opinion of an independent qualified public accountant for this plan2012-06-30Disclaimer
Accountancy firm name2012-06-30MCSOLEY MCCOY & CO.
Accountancy firm EIN2012-06-30030327374
2011 : THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-06-30$-436,265
Total unrealized appreciation/depreciation of assets2011-06-30$-436,265
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-06-30$1,809,705
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-06-30$2,177,477
Total income from all sources (including contributions)2011-06-30$-400,968
Total loss/gain on sale of assets2011-06-30$0
Total of all expenses incurred2011-06-30$-73,583
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-06-30$-92,634
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-06-30$35,000
Value of total assets at end of year2011-06-30$5,037,853
Value of total assets at beginning of year2011-06-30$5,733,010
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-06-30$19,051
Total interest from all sources2011-06-30$297
Total dividends received (eg from common stock, registered investment company shares)2011-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-06-30No
Was this plan covered by a fidelity bond2011-06-30Yes
Value of fidelity bond cover2011-06-30$2,000,000
If this is an individual account plan, was there a blackout period2011-06-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-06-30$275,138
Were there any nonexempt tranactions with any party-in-interest2011-06-30No
Assets. Other investments not covered elsewhere at end of year2011-06-30$11
Assets. Other investments not covered elsewhere at beginning of year2011-06-30$27
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-06-30$-367,772
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-06-30No
Value of net income/loss2011-06-30$-327,385
Value of net assets at end of year (total assets less liabilities)2011-06-30$3,228,148
Value of net assets at beginning of year (total assets less liabilities)2011-06-30$3,555,533
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2011-06-30No
Were any leases to which the plan was party in default or uncollectible2011-06-30No
Investment advisory and management fees2011-06-30$8,973
Interest earned on other investments2011-06-30$15
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-06-30$127,616
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-06-30$146,385
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-06-30$146,385
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-06-30$282
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-06-30No
Was there a failure to transmit to the plan any participant contributions2011-06-30No
Has the plan failed to provide any benefit when due under the plan2011-06-30No
Assets. Invements in employer securities at end of year2011-06-30$4,875,226
Assets. Invements in employer securities at beginning of year2011-06-30$5,586,598
Contributions received in cash from employer2011-06-30$35,000
Employer contributions (assets) at end of year2011-06-30$35,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-06-30$275,138
Contract administrator fees2011-06-30$10,078
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-06-30No
Liabilities. Value of benefit claims payable at end of year2011-06-30$1,809,705
Liabilities. Value of benefit claims payable at beginning of year2011-06-30$2,177,477
Did the plan have assets held for investment2011-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-06-30Yes
Opinion of an independent qualified public accountant for this plan2011-06-30Disclaimer
Accountancy firm name2011-06-30MCSOLEY MCCOY & CO.
Accountancy firm EIN2011-06-30030327374
2010 : THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-06-30$694,128

Form 5500 Responses for THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2012: THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-07-01Type of plan entitySingle employer plan
2012-07-01Submission has been amendedNo
2012-07-01This submission is the final filingYes
2012-07-01This return/report is a short plan year return/report (less than 12 months)No
2012-07-01Plan is a collectively bargained planNo
2012-07-01Plan funding arrangement – TrustYes
2012-07-01Plan benefit arrangement - TrustYes
2011: THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2011 form 5500 responses
2011-07-01Type of plan entitySingle employer plan
2011-07-01Submission has been amendedNo
2011-07-01This submission is the final filingNo
2011-07-01This return/report is a short plan year return/report (less than 12 months)No
2011-07-01Plan is a collectively bargained planNo
2011-07-01Plan funding arrangement – TrustYes
2011-07-01Plan benefit arrangement - TrustYes
2010: THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2010 form 5500 responses
2010-07-01Type of plan entitySingle employer plan
2010-07-01Submission has been amendedNo
2010-07-01This submission is the final filingNo
2010-07-01This return/report is a short plan year return/report (less than 12 months)No
2010-07-01Plan is a collectively bargained planNo
2010-07-01Plan funding arrangement – TrustYes
2010-07-01Plan benefit arrangement - TrustYes
2009: THE LANE PRESS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2009 form 5500 responses
2009-07-01Type of plan entitySingle employer plan
2009-07-01Submission has been amendedNo
2009-07-01This submission is the final filingNo
2009-07-01This return/report is a short plan year return/report (less than 12 months)No
2009-07-01Plan is a collectively bargained planNo
2009-07-01Plan funding arrangement – TrustYes
2009-07-01Plan benefit arrangement - TrustYes

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