LUMBEE REGIONAL DEVELOPMENT CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan LUMBEE REGIONAL DEVELOPMENT CORPORATION PENSION PLAN
| Measure | Date | Value |
|---|
| 2025 : LUMBEE REGIONAL DEVELOPMENT CORPORATION PENSION PLAN 2025 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2025-11-21 | 0 |
| Total liabilities as of the end of the plan year | 2025-11-21 | 0 |
| Total liabilities as of the beginning of the plan year | 2025-11-21 | 0 |
| Total expenses incurred by plan in this plan year | 2025-11-21 | 83721 |
| Net assets as of the end of the plan year | 2025-11-21 | 321156 |
| Total assets as of the beginning of the plan year | 2025-11-21 | 345958 |
| Value of plan covered by a fidelity bond | 2025-11-21 | 2000000 |
| Other expenses paid from plan in this plan year | 2025-11-21 | 0 |
| Other contributions to plan in this plan year | 2025-11-21 | 0 |
| Other income to plan in this plan year | 2025-11-21 | 52841 |
| Plan net income in this plan year | 2025-11-21 | -24802 |
| Net assets as of the end of the plan year | 2025-11-21 | 321156 |
| Net assets as of the beginning of the plan year | 2025-11-21 | 345958 |
| Value of funding deficiency | 2025-11-21 | 315 |
| Value of employer contributions paid | 2025-11-21 | 7290 |
| Employer contributions to plan in this plan year | 2025-11-21 | 6078 |
| Fees paid to broker by Benefit Provider | 2025-11-21 | 300 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-11-21 | 1880 |
| 2010 : LUMBEE REGIONAL DEVELOPMENT CORPORATION PENSION PLAN 2010 401k financial data |
|---|
| Transfers to/from the plan | 2010-12-31 | $0 |
| Total plan liabilities at end of year | 2010-12-31 | $0 |
| Total plan liabilities at beginning of year | 2010-12-31 | $0 |
| Total income from all sources | 2010-12-31 | $52,730 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $148,569 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $146,368 |
| Total plan assets at end of year | 2010-12-31 | $467,680 |
| Total plan assets at beginning of year | 2010-12-31 | $563,519 |
| Value of fidelity bond covering the plan | 2010-12-31 | $250,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2010-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2010-12-31 | $0 |
| Other income received | 2010-12-31 | $21,608 |
| Noncash contributions received | 2010-12-31 | $0 |
| Net income (gross income less expenses) | 2010-12-31 | $-95,839 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $467,680 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $563,519 |
| Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year | 2010-12-31 | $0 |
| Value of leases to which the plan was a party in default or classified as uncollectible during the plan year | 2010-12-31 | $0 |
| Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2010-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $31,122 |
| Value of certain deemed distributions of participant loans | 2010-12-31 | $0 |
| Value of corrective distributions | 2010-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2010-12-31 | $2,201 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Funding deficiency by the employer to the plan for this plan year | 2010-12-31 | $-31,112 |
| Minimum employer required contribution for this plan year | 2010-12-31 | $10 |
| Amount contributed by the employer to the plan for this plan year | 2010-12-31 | $31,122 |
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