LOFTED PRODUCTS LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan LOFTED PRODUCTS LLC 401(K) PLAN
Measure | Date | Value |
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2023 : LOFTED PRODUCTS LLC 401(K) PLAN 2023 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
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 | $0 |
Total income from all sources (including contributions) | 2023-12-31 | $933,113 |
Total loss/gain on sale of assets | 2023-12-31 | $0 |
Total of all expenses incurred | 2023-12-31 | $215,412 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $193,803 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $495,887 |
Value of total assets at end of year | 2023-12-31 | $3,534,110 |
Value of total assets at beginning of year | 2023-12-31 | $2,816,409 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $21,609 |
Total interest from all sources | 2023-12-31 | $16,488 |
Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $6,796 |
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 | $6,796 |
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 | $239,322 |
Participant contributions at end of year | 2023-12-31 | $102,432 |
Participant contributions at beginning of year | 2023-12-31 | $30,560 |
Participant contributions at beginning of year | 2023-12-31 | $3,481 |
Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $105,142 |
Other income not declared elsewhere | 2023-12-31 | $165 |
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 | $717,701 |
Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $3,534,110 |
Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $2,816,409 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $369,762 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $325,623 |
Value of interest in pooled separate accounts at end of year | 2023-12-31 | $112,343 |
Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $78,362 |
Interest on participant loans | 2023-12-31 | $4,425 |
Interest earned on other investments | 2023-12-31 | $12,063 |
Value of interest in common/collective trusts at end of year | 2023-12-31 | $2,538,850 |
Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $2,129,523 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $410,723 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $246,570 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $37,030 |
Net investment gain/loss from pooled separate accounts | 2023-12-31 | $19,447 |
Net investment gain or loss from common/collective trusts | 2023-12-31 | $357,300 |
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 | $151,423 |
Employer contributions (assets) at beginning of year | 2023-12-31 | $2,290 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $193,803 |
Contract administrator fees | 2023-12-31 | $21,609 |
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 | TOPEL FORMAN, LLC |
Accountancy firm EIN | 2023-12-31 | 362469413 |
2022 : LOFTED PRODUCTS LLC 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
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 | $-187,674 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,085,643 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,075,091 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $367,726 |
Value of total assets at end of year | 2022-12-31 | $2,816,409 |
Value of total assets at beginning of year | 2022-12-31 | $4,089,726 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $10,552 |
Total interest from all sources | 2022-12-31 | $3,650 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $2,898 |
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 | $2,898 |
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 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $206,394 |
Participant contributions at end of year | 2022-12-31 | $30,560 |
Participant contributions at beginning of year | 2022-12-31 | $17,830 |
Participant contributions at end of year | 2022-12-31 | $3,481 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $22,739 |
Other income not declared elsewhere | 2022-12-31 | $3,367 |
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 | $-1,273,317 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,816,409 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $4,089,726 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $325,623 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $3,523,389 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $78,362 |
Interest on participant loans | 2022-12-31 | $1,081 |
Interest earned on other investments | 2022-12-31 | $2,569 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $2,129,523 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $541,721 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $541,721 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $246,570 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-454,616 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-2,744 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $-107,955 |
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 | Yes |
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 | $138,593 |
Employer contributions (assets) at end of year | 2022-12-31 | $2,290 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $6,786 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,075,091 |
Contract administrator fees | 2022-12-31 | $10,552 |
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 | Yes |
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 | TOPEL FORMAN, LLC |
Accountancy firm EIN | 2022-12-31 | 362469413 |
2021 : LOFTED PRODUCTS LLC 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $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 | $789,083 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $600,445 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $598,495 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $377,962 |
Value of total assets at end of year | 2021-12-31 | $4,089,726 |
Value of total assets at beginning of year | 2021-12-31 | $3,901,088 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,950 |
Total interest from all sources | 2021-12-31 | $1,471 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $464,786 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $464,786 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $234,735 |
Participant contributions at end of year | 2021-12-31 | $17,830 |
Participant contributions at beginning of year | 2021-12-31 | $31,175 |
Administrative expenses (other) incurred | 2021-12-31 | $1,950 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $188,638 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $4,089,726 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,901,088 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $3,523,389 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $3,356,316 |
Interest on participant loans | 2021-12-31 | $1,412 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $541,721 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $513,597 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $513,597 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $59 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $-55,136 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $143,227 |
Employer contributions (assets) at end of year | 2021-12-31 | $6,786 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $598,495 |
Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | TOPEL FORMAN, LLC |
Accountancy firm EIN | 2021-12-31 | 362469413 |