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LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameLAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

LAZARUS ENERGY HOLDINGS, LLC has sponsored the creation of one or more 401k plans.

Company Name:LAZARUS ENERGY HOLDINGS, LLC
Employer identification number (EIN):331132872
NAIC Classification:324110
NAIC Description:Petroleum Refineries

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012012-01-01LAZARUS ENERGY2013-07-05
0012011-01-01GINA CARROLL2012-07-13
0012010-01-01LAZARUS ENERGY2011-08-01

Plan Statistics for LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST

401k plan membership statisitcs for LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2023: LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2023 401k membership
Total participants, beginning-of-year2023-01-0192
Total number of active participants reported on line 7a of the Form 55002023-01-0182
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-0113
Total of all active and inactive participants2023-01-0195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-0195
Number of participants with account balances2023-01-0160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-0197
Total number of active participants reported on line 7a of the Form 55002022-01-0173
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0119
Total of all active and inactive participants2022-01-0192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0192
Number of participants with account balances2022-01-0164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-01142
Total number of active participants reported on line 7a of the Form 55002021-01-0157
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0140
Total of all active and inactive participants2021-01-0197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0197
Number of participants with account balances2021-01-0174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-01166
Total number of active participants reported on line 7a of the Form 55002020-01-0169
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0172
Total of all active and inactive participants2020-01-01141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01141
Number of participants with account balances2020-01-01108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010

Financial Data on LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2023 : LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$693,400
Expenses. Total of all expenses incurred2023-12-31$325,818
Benefits paid (including direct rollovers)2023-12-31$310,823
Total plan assets at end of year2023-12-31$1,607,454
Total plan assets at beginning of year2023-12-31$1,239,872
Value of fidelity bond covering the plan2023-12-31$200,000
Assets. Value of tangible personal property2023-12-31$0
Total contributions received or receivable from participants2023-12-31$294,917
Assets. Value of loans (other than to participants)2023-12-31$0
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$207,216
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$367,582
Net plan assets at end of year (total assets less liabilities)2023-12-31$1,607,454
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$1,239,872
Assets. Value of participant loans2023-12-31$43,137
Assets. Value of assets in partnership/joint-venture interests2023-12-31$0
Assets. Value of real-estate (other than employer real property)2023-12-31$0
Assets. Value of employer securities2023-12-31$0
Assets. Value of employer real property2023-12-31$0
Total contributions received or receivable from employer(s)2023-12-31$191,267
Value of certain deemed distributions of participant loans2023-12-31$5,164
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$9,831
2022 : LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$112,807
Expenses. Total of all expenses incurred2022-12-31$132,311
Benefits paid (including direct rollovers)2022-12-31$129,574
Total plan assets at end of year2022-12-31$1,239,872
Total plan assets at beginning of year2022-12-31$1,259,376
Value of fidelity bond covering the plan2022-12-31$200,000
Total contributions received or receivable from participants2022-12-31$231,035
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-267,444
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-19,504
Net plan assets at end of year (total assets less liabilities)2022-12-31$1,239,872
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$1,259,376
Assets. Value of participant loans2022-12-31$39,588
Total contributions received or receivable from employer(s)2022-12-31$149,216
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$2,737
2021 : LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$531,948
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$1,442,487
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,431,140
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$347,500
Value of total assets at end of year2021-12-31$1,259,376
Value of total assets at beginning of year2021-12-31$2,169,915
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$11,347
Total interest from all sources2021-12-31$636
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$19,941
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$19,941
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$200,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$203,441
Participant contributions at end of year2021-12-31$15,567
Participant contributions at beginning of year2021-12-31$40,972
Participant contributions at end of year2021-12-31$4,071
Participant contributions at beginning of year2021-12-31$24,193
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-910,539
Value of net assets at end of year (total assets less liabilities)2021-12-31$1,259,376
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$2,169,915
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$1,234,786
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$1,988,120
Interest on participant loans2021-12-31$634
Income. Interest from loans (other than to participants)2021-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$1,456
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$100,441
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$100,441
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$2
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$163,871
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$144,059
Employer contributions (assets) at end of year2021-12-31$3,496
Employer contributions (assets) at beginning of year2021-12-31$16,189
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,431,140
Contract administrator fees2021-12-31$11,347
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31PRICEKUBECKA, PLLC
Accountancy firm EIN2021-12-31752783674
2020 : LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$31,358
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$2,226,255
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$87,698
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$82,980
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,878,121
Value of total assets at end of year2020-12-31$2,169,915
Value of total assets at beginning of year2020-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$4,718
Total interest from all sources2020-12-31$1,754
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$31,155
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$31,155
Was this plan covered by a fidelity bond2020-12-31No
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$651,560
Participant contributions at end of year2020-12-31$40,972
Participant contributions at end of year2020-12-31$24,193
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$815,198
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$2,138,557
Value of net assets at end of year (total assets less liabilities)2020-12-31$2,169,915
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$1,988,120
Interest on participant loans2020-12-31$1,541
Income. Interest from loans (other than to participants)2020-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$100,441
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$213
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$315,225
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$411,363
Employer contributions (assets) at end of year2020-12-31$16,189
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$82,980
Contract administrator fees2020-12-31$4,718
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31PRICEKUBECKA, PLLC
Accountancy firm EIN2020-12-31752783674
2008 : LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2008 401k financial data
Transfers to/from the plan2008-12-31$0
Total plan liabilities at end of year2008-12-31$0
Total plan liabilities at beginning of year2008-12-31$0
Total income from all sources2008-12-31$-5,644
Expenses. Total of all expenses incurred2008-12-31$15,749
Benefits paid (including direct rollovers)2008-12-31$15,709
Total plan assets at end of year2008-12-31$65,418
Total plan assets at beginning of year2008-12-31$86,810
Value of fidelity bond covering the plan2008-12-31$20,000
Total contributions received or receivable from participants2008-12-31$38,893
Expenses. Other expenses not covered elsewhere2008-12-31$0
Contributions received from other sources (not participants or employers)2008-12-31$0
Other income received2008-12-31$-44,537
Net income (gross income less expenses)2008-12-31$-21,393
Net plan assets at end of year (total assets less liabilities)2008-12-31$65,418
Net plan assets at beginning of year (total assets less liabilities)2008-12-31$86,810
Total contributions received or receivable from employer(s)2008-12-31$0
Value of certain deemed distributions of participant loans2008-12-31$0
Value of corrective distributions2008-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2008-12-31$40

Form 5500 Responses for LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST

2023: LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: LAZARUS ENERGY HOLDINGS LLC 401 K PROFIT SHARING PLAN TRUST 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01First time form 5500 has been submittedYes
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes

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