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LGM HOLDINGS, INC. 401(K) PLAN 401k Plan overview

Plan NameLGM HOLDINGS, INC. 401(K) PLAN
Plan identification number 001

LGM HOLDINGS, INC. 401(K) PLAN 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.

401k Sponsoring company profile

LGM HOLDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name:LGM HOLDINGS, INC.
Employer identification number (EIN):811336952
NAIC Classification:312120
NAIC Description:Breweries

Additional information about LGM HOLDINGS, INC.

Jurisdiction of Incorporation: Oregon Secretary of State Corporations Division
Incorporation Date: 2016-02-01
Company Identification Number: 118384296
Legal Registered Office Address: 1204 NW 20TH AVE #104

PORTLAND
United States of America (USA)
97209

More information about LGM HOLDINGS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LGM HOLDINGS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-02-02ADAM STEFFEN ADAM STEFFEN2017-10-15

Plan Statistics for LGM HOLDINGS, INC. 401(K) PLAN

401k plan membership statisitcs for LGM HOLDINGS, INC. 401(K) PLAN

Measure Date Value
2016: LGM HOLDINGS, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-02-020
Total number of active participants reported on line 7a of the Form 55002016-02-021
Number of retired or separated participants receiving benefits2016-02-020
Number of other retired or separated participants entitled to future benefits2016-02-020
Total of all active and inactive participants2016-02-021
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-02-020
Total participants2016-02-021
Number of participants with account balances2016-02-021
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-02-020

Financial Data on LGM HOLDINGS, INC. 401(K) PLAN

Measure Date Value
2016 : LGM HOLDINGS, INC. 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$24,532
Expenses. Total of all expenses incurred2016-12-31$0
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$24,532
Total plan assets at beginning of year2016-12-31$0
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$91,362
Other income received2016-12-31$-66,830
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$24,532
Net plan assets at end of year (total assets less liabilities)2016-12-31$24,532
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$0
Assets. Value of participant loans2016-12-31$15,000
Assets. Value of employer securities2016-12-31$8,659
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0

Form 5500 Responses for LGM HOLDINGS, INC. 401(K) PLAN

2016: LGM HOLDINGS, INC. 401(K) PLAN 2016 form 5500 responses
2016-02-02Type of plan entitySingle employer plan
2016-02-02First time form 5500 has been submittedYes
2016-02-02Submission has been amendedNo
2016-02-02This submission is the final filingNo
2016-02-02This return/report is a short plan year return/report (less than 12 months)Yes
2016-02-02Plan is a collectively bargained planNo
2016-02-02Plan funding arrangement – TrustYes
2016-02-02Plan benefit arrangement - TrustYes

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