Plan Name | EMPLOYEE STOCK OWNERSHIP PLAN OF LAKESHORE BANCORP, INC. |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
|
Company Name: | LAKE SHORE SAVINGS BANK |
Employer identification number (EIN): | 150516470 |
NAIC Classification: | 522120 |
NAIC Description: | Savings Institutions |
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2010-01-01 | DANIEL REININGA |
Measure | Date | Value |
---|---|---|
2010: EMPLOYEE STOCK OWNERSHIP PLAN OF LAKESHORE BANCORP, INC. 2010 401k membership | ||
Total participants, beginning-of-year | 2010-01-01 | 104 |
Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 88 |
Number of retired or separated participants receiving benefits | 2010-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 20 |
Total of all active and inactive participants | 2010-01-01 | 108 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 0 |
Total participants | 2010-01-01 | 108 |
Number of participants with account balances | 2010-01-01 | 96 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2010 : EMPLOYEE STOCK OWNERSHIP PLAN OF LAKESHORE BANCORP, INC. 2010 401k financial data | ||
Total plan liabilities at end of year | 2010-12-31 | $313,140 |
Total plan liabilities at beginning of year | 2010-12-31 | $595,308 |
Total income from all sources | 2010-12-31 | $415,169 |
Expenses. Total of all expenses incurred | 2010-12-31 | $1,720 |
Benefits paid (including direct rollovers) | 2010-12-31 | $1,720 |
Total plan assets at end of year | 2010-12-31 | $378,710 |
Total plan assets at beginning of year | 2010-12-31 | $247,429 |
Value of fidelity bond covering the plan | 2010-12-31 | $1,000,000 |
Other income received | 2010-12-31 | $341,929 |
Net income (gross income less expenses) | 2010-12-31 | $413,449 |
Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $65,570 |
Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $-347,879 |
Assets. Value of employer securities | 2010-12-31 | $361,966 |
Total contributions received or receivable from employer(s) | 2010-12-31 | $73,240 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
2010: EMPLOYEE STOCK OWNERSHIP PLAN OF LAKESHORE BANCORP, INC. 2010 form 5500 responses | ||
---|---|---|
2010-01-01 | Type of plan entity | Single employer plan |
2010-01-01 | Submission has been amended | Yes |
2010-01-01 | This submission is the final filing | No |
2010-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2010-01-01 | Plan is a collectively bargained plan | No |
2010-01-01 | Plan funding arrangement – Trust | Yes |
2010-01-01 | Plan benefit arrangement - Trust | Yes |