401k Plan data: LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN plan

LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	002

LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Stock bonus Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP. Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

LAMKIN CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: LAMKIN CORPORATION

Employer identification number (EIN): 361960885

NAIC Classification: 326200

Additional information about LAMKIN CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 0803994

More information about LAMKIN CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01
002 2022-01-01

Plan Statistics for LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023: LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 12
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 9
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 3
Total of all active and inactive participants 2023-01-01 12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 12
Number of participants with account balances 2023-01-01 12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 1
2022: LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 13
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 13
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 13
Number of participants with account balances 2022-01-01 12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0

Measure	Date	Value
2023: LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	12
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	9
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	3
Total of all active and inactive participants	2023-01-01	12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	12
Number of participants with account balances	2023-01-01	12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	1
2022: LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	13
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	13
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	13
Number of participants with account balances	2022-01-01	12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0

Financial Data on LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2023 : LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data
Total plan liabilities at end of year	2023-12-31	$42,048,044
Total plan liabilities at beginning of year	2023-12-31	$42,460,251
Total income from all sources	2023-12-31	$-4,246,018
Expenses. Total of all expenses incurred	2023-12-31	$1,842,775
Total plan assets at end of year	2023-12-31	$22,000
Total plan assets at beginning of year	2023-12-31	$6,523,000
Value of fidelity bond covering the plan	2023-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2023-12-31	$1,842,775
Other income received	2023-12-31	$-6,350,700
Net income (gross income less expenses)	2023-12-31	$-6,088,793
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$-42,026,044
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$-35,937,251
Assets. Value of employer securities	2023-12-31	$22,000
Total contributions received or receivable from employer(s)	2023-12-31	$2,104,682
2022 : LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$42,460,251
Total income from all sources	2022-12-31	$-35,896,861
Expenses. Total of all expenses incurred	2022-12-31	$40,390
Total plan assets at end of year	2022-12-31	$6,523,000
Total plan assets at beginning of year	2022-12-31	$0
Value of fidelity bond covering the plan	2022-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2022-12-31	$40,390
Other income received	2022-12-31	$-35,937,384
Net income (gross income less expenses)	2022-12-31	$-35,937,251
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$-35,937,251
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$6,523,000
Total contributions received or receivable from employer(s)	2022-12-31	$40,523

Form 5500 Responses for LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

2023: LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: LAMKIN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	First time form 5500 has been submitted	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	LAMKIN CORPORATION
Employer identification number (EIN):	361960885
NAIC Classification:	326200

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	0803994