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EMPLOYEE BENEFIT PLAN OF LEISER CORPORATION 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF LEISER CORPORATION
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF LEISER CORPORATION 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

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

Company Name:LEISER CORPORATION
Employer identification number (EIN):043120301
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Additional information about LEISER CORPORATION

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2005-02-18
Company Identification Number: P05000025915
Legal Registered Office Address: 1850 SOUTH OCEAN DR

HALLANDALE BEACH

33009

More information about LEISER CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF LEISER CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01WILLIAM LEISER2024-03-05 WILLIAM LEISER2024-03-05
0012022-01-01WILLIAM LEISER2023-06-02 WILLIAM LEISER2023-06-02
0012021-01-01WILLIAM LEISER2022-03-09
0012020-01-01WILLIAM LEISER2021-02-04
0012019-01-01WILLIAM LEISER2020-02-19 WILLIAM LEISER2020-02-19
0012018-01-01WILLIAM LEISER2019-10-02 WILLIAM LEISER2019-10-02
0012017-01-01WILLAM LEISER2018-04-26
0012016-01-01WILLAM LEISER2017-06-09
0012015-01-01WILLAM LEISER2016-05-20 WILLAM LEISER2016-05-20
0012014-01-01WILLAM LEISER2015-10-07 WILLAM LEISER2015-10-07
0012013-01-01WILLAM LEISER2014-07-21 WILLIAM LEISER2014-07-21
0012012-01-01WILLIAM LEISER2013-10-08 WILLIAM LEISER2013-10-08
0012011-01-01WILLIAM LEISER2013-11-05 WILLIAM LEISER2013-11-05
0012010-01-01WILLIAM LEISER2011-07-15 WILLIAM LEISER2011-07-15

Plan Statistics for EMPLOYEE BENEFIT PLAN OF LEISER CORPORATION

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF LEISER CORPORATION

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF LEISER CORPORATION 2025 401k membership
Total number of particpants at beginning of year2025-05-158
Total number of particpants at end of year2025-05-159
Number of Participants With Account Balances2025-05-158
Total number of particpants at beginning of year2025-03-2511
Total number of particpants at end of year2025-03-250
Number of Participants With Account Balances2025-03-250
2024: EMPLOYEE BENEFIT PLAN OF LEISER CORPORATION 2024 401k membership
Total number of particpants at beginning of year2024-03-0512
Total number of particpants at end of year2024-03-0511
Number of Participants With Account Balances2024-03-0511

Financial Data on EMPLOYEE BENEFIT PLAN OF LEISER CORPORATION

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF LEISER CORPORATION 2025 401k financial data
Total transfers to/from plan in this plan year2025-05-150
Total liabilities as of the end of the plan year2025-05-150
Total liabilities as of the beginning of the plan year2025-05-150
Total expenses incurred by plan in this plan year2025-05-15100292
Net assets as of the end of the plan year2025-05-151339145
Total assets as of the beginning of the plan year2025-05-151154144
Value of plan covered by a fidelity bond2025-05-1520000
Participant contributions to plan in this plan year2025-05-1576035
Value of participant loans at end of plan year2025-05-15978
Other expenses paid from plan in this plan year2025-05-150
Other contributions to plan in this plan year2025-05-150
Other income to plan in this plan year2025-05-15196098
Plan net income in this plan year2025-05-15185001
Net assets as of the end of the plan year2025-05-151339145
Net assets as of the beginning of the plan year2025-05-151154144
Employer contributions to plan in this plan year2025-05-1513160
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-159783
Total transfers to/from plan in this plan year2025-03-250
Total liabilities as of the end of the plan year2025-03-250
Total liabilities as of the beginning of the plan year2025-03-250
Total expenses incurred by plan in this plan year2025-03-251290793
Net assets as of the end of the plan year2025-03-250
Total assets as of the beginning of the plan year2025-03-251154144
Value of plan covered by a fidelity bond2025-03-25100000
Participant contributions to plan in this plan year2025-03-2536868
Other expenses paid from plan in this plan year2025-03-250
Other contributions to plan in this plan year2025-03-250
Other income to plan in this plan year2025-03-2593927
Plan net income in this plan year2025-03-25-1154144
Net assets as of the end of the plan year2025-03-250
Net assets as of the beginning of the plan year2025-03-251154144
Employer contributions to plan in this plan year2025-03-255854
Fees paid to broker by Benefit Provider2025-03-252337
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-250
2024 : EMPLOYEE BENEFIT PLAN OF LEISER CORPORATION 2024 401k financial data
Total transfers to/from plan in this plan year2024-03-050
Total liabilities as of the end of the plan year2024-03-050
Total liabilities as of the beginning of the plan year2024-03-050
Total expenses incurred by plan in this plan year2024-03-05211745
Net assets as of the end of the plan year2024-03-051154144
Total assets as of the beginning of the plan year2024-03-051027042
Value of plan covered by a fidelity bond2024-03-05100000
Participant contributions to plan in this plan year2024-03-0578143
Other expenses paid from plan in this plan year2024-03-050
Other contributions to plan in this plan year2024-03-0588000
Other income to plan in this plan year2024-03-05159162
Plan net income in this plan year2024-03-05127102
Net assets as of the end of the plan year2024-03-051154144
Net assets as of the beginning of the plan year2024-03-051027042
Employer contributions to plan in this plan year2024-03-0513542
Fees paid to broker by Benefit Provider2024-03-053971
Expensese paid to adminstrative service provicers from plan in this plan year2024-03-050

Potentially related plans

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