LC SERVICES 1, LLC DBA OAKPOINT has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2023 : OAKPOINT 401K PLAN 2023 401k financial data |
|---|
| Total transfer of assets to this plan | 2023-12-31 | $1,340,866 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $743 |
| Total income from all sources (including contributions) | 2023-12-31 | $5,698,724 |
| Total of all expenses incurred | 2023-12-31 | $394,402 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $338,436 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $3,830,304 |
| Value of total assets at end of year | 2023-12-31 | $14,087,498 |
| Value of total assets at beginning of year | 2023-12-31 | $7,443,053 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $55,966 |
| Total interest from all sources | 2023-12-31 | $7,167 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $268,861 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $268,861 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,818,684 |
| Participant contributions at end of year | 2023-12-31 | $101,468 |
| Participant contributions at beginning of year | 2023-12-31 | $45,335 |
| Participant contributions at end of year | 2023-12-31 | $154 |
| Participant contributions at beginning of year | 2023-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $894,385 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $284 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $743 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $5,304,322 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $14,087,498 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $7,442,310 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $2,188 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $13,610,732 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $7,180,800 |
| Interest on participant loans | 2023-12-31 | $3,599 |
| Interest earned on other investments | 2023-12-31 | $2,987 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $581 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $302,216 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $216,918 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,592,392 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $1,117,235 |
| Employer contributions (assets) at end of year | 2023-12-31 | $72,644 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $338,436 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-12-31 | No |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | CLIFTONLARSONALLEN,LLP |
| Accountancy firm EIN | 2023-12-31 | 410746749 |
| 2022 : OAKPOINT 401K PLAN 2022 401k financial data |
|---|
| Total transfer of assets to this plan | 2022-12-31 | $7,033,069 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $743 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $554,454 |
| Total of all expenses incurred | 2022-12-31 | $145,213 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $112,276 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,783,051 |
| Value of total assets at end of year | 2022-12-31 | $7,443,053 |
| Value of total assets at beginning of year | 2022-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $32,937 |
| Total interest from all sources | 2022-12-31 | $2,945 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $133,941 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $133,941 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $1,024,654 |
| Participant contributions at end of year | 2022-12-31 | $45,335 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $229,290 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $743 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $0 |
| Administrative expenses (other) incurred | 2022-12-31 | $31,571 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $409,241 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $7,442,310 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $1,366 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $7,180,800 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $0 |
| Interest on participant loans | 2022-12-31 | $1,634 |
| Interest earned on other investments | 2022-12-31 | $1,311 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $216,918 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,365,483 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $529,107 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $112,276 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | CLIFTONLARSONALLEN,LLP |
| Accountancy firm EIN | 2022-12-31 | 410746749 |
