LIPPE FEDERAL LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FEDERAL CORPORATION 401(K) PLAN
Measure | Date | Value |
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2022: FEDERAL CORPORATION 401(K) PLAN 2022 401k membership |
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Total participants, beginning-of-year | 2022-01-01 | 42 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 38 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 1 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 8 |
Total of all active and inactive participants | 2022-01-01 | 47 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 1 |
Total participants | 2022-01-01 | 48 |
Number of participants with account balances | 2022-01-01 | 42 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
2021: FEDERAL CORPORATION 401(K) PLAN 2021 401k membership |
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Total participants, beginning-of-year | 2021-01-01 | 37 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 35 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 1 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 5 |
Total of all active and inactive participants | 2021-01-01 | 41 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 1 |
Total participants | 2021-01-01 | 42 |
Number of participants with account balances | 2021-01-01 | 34 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 2 |
2020: FEDERAL CORPORATION 401(K) PLAN 2020 401k membership |
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Total participants, beginning-of-year | 2020-01-01 | 39 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 32 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 4 |
Total of all active and inactive participants | 2020-01-01 | 36 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 1 |
Total participants | 2020-01-01 | 37 |
Number of participants with account balances | 2020-01-01 | 31 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 1 |
Measure | Date | Value |
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2022 : FEDERAL CORPORATION 401(K) PLAN 2022 401k financial data |
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Transfers to/from the plan | 2022-12-31 | $0 |
Total plan liabilities at end of year | 2022-12-31 | $0 |
Total plan liabilities at beginning of year | 2022-12-31 | $0 |
Total income from all sources | 2022-12-31 | $-259,273 |
Expenses. Total of all expenses incurred | 2022-12-31 | $255,545 |
Benefits paid (including direct rollovers) | 2022-12-31 | $255,064 |
Total plan assets at end of year | 2022-12-31 | $2,976,027 |
Total plan assets at beginning of year | 2022-12-31 | $3,490,845 |
Value of fidelity bond covering the plan | 2022-12-31 | $450,000 |
Assets. Value of tangible personal property | 2022-12-31 | $0 |
Total contributions received or receivable from participants | 2022-12-31 | $161,836 |
Assets. Value of loans (other than to participants) | 2022-12-31 | $0 |
Expenses. Other expenses not covered elsewhere | 2022-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2022-12-31 | $25,379 |
Other income received | 2022-12-31 | $-535,916 |
Noncash contributions received | 2022-12-31 | $0 |
Net income (gross income less expenses) | 2022-12-31 | $-514,818 |
Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $2,976,027 |
Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,490,845 |
Assets. Value of participant loans | 2022-12-31 | $56,450 |
Assets. Value of assets in partnership/joint-venture interests | 2022-12-31 | $0 |
Assets. Value of real-estate (other than employer real property) | 2022-12-31 | $0 |
Assets. Value of employer securities | 2022-12-31 | $0 |
Assets. Value of employer real property | 2022-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2022-12-31 | $89,428 |
Value of certain deemed distributions of participant loans | 2022-12-31 | $0 |
Value of corrective distributions | 2022-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $481 |
2021 : FEDERAL CORPORATION 401(K) PLAN 2021 401k financial data |
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Transfers to/from the plan | 2021-12-31 | $0 |
Total plan liabilities at end of year | 2021-12-31 | $0 |
Total plan liabilities at beginning of year | 2021-12-31 | $0 |
Total income from all sources | 2021-12-31 | $878,039 |
Expenses. Total of all expenses incurred | 2021-12-31 | $1,519,916 |
Benefits paid (including direct rollovers) | 2021-12-31 | $1,519,466 |
Total plan assets at end of year | 2021-12-31 | $3,490,845 |
Total plan assets at beginning of year | 2021-12-31 | $4,132,722 |
Value of fidelity bond covering the plan | 2021-12-31 | $450,000 |
Assets. Value of tangible personal property | 2021-12-31 | $0 |
Total contributions received or receivable from participants | 2021-12-31 | $178,376 |
Assets. Value of loans (other than to participants) | 2021-12-31 | $0 |
Expenses. Other expenses not covered elsewhere | 2021-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2021-12-31 | $169,927 |
Other income received | 2021-12-31 | $451,850 |
Noncash contributions received | 2021-12-31 | $0 |
Net income (gross income less expenses) | 2021-12-31 | $-641,877 |
Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $3,490,845 |
Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $4,132,722 |
Assets. Value of participant loans | 2021-12-31 | $62,872 |
Assets. Value of assets in partnership/joint-venture interests | 2021-12-31 | $0 |
Assets. Value of real-estate (other than employer real property) | 2021-12-31 | $0 |
Assets. Value of employer securities | 2021-12-31 | $0 |
Assets. Value of employer real property | 2021-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2021-12-31 | $77,886 |
Value of certain deemed distributions of participant loans | 2021-12-31 | $0 |
Value of corrective distributions | 2021-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $450 |
2020 : FEDERAL CORPORATION 401(K) PLAN 2020 401k financial data |
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Transfers to/from the plan | 2020-12-31 | $0 |
Total plan liabilities at end of year | 2020-12-31 | $0 |
Total plan liabilities at beginning of year | 2020-12-31 | $0 |
Total income from all sources | 2020-12-31 | $840,371 |
Expenses. Total of all expenses incurred | 2020-12-31 | $1,681,337 |
Benefits paid (including direct rollovers) | 2020-12-31 | $1,679,755 |
Total plan assets at end of year | 2020-12-31 | $4,132,722 |
Total plan assets at beginning of year | 2020-12-31 | $4,973,688 |
Value of fidelity bond covering the plan | 2020-12-31 | $450,000 |
Total contributions received or receivable from participants | 2020-12-31 | $183,094 |
Expenses. Other expenses not covered elsewhere | 2020-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2020-12-31 | $0 |
Other income received | 2020-12-31 | $505,634 |
Noncash contributions received | 2020-12-31 | $0 |
Net income (gross income less expenses) | 2020-12-31 | $-840,966 |
Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $4,132,722 |
Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $4,973,688 |
Assets. Value of participant loans | 2020-12-31 | $15,241 |
Total contributions received or receivable from employer(s) | 2020-12-31 | $151,643 |
Value of certain deemed distributions of participant loans | 2020-12-31 | $563 |
Value of corrective distributions | 2020-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $1,019 |