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LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 401k Plan overview

Plan NameLAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN
Plan identification number 002

LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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

LAKE SHORE SAVINGS BANK has sponsored the creation of one or more 401k plans.

Company Name:LAKE SHORE SAVINGS BANK
Employer identification number (EIN):160516470
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022024-01-01TAMARA BELLANTI
0022023-01-01
0022023-01-01TAMARA BELLANTI
0022022-01-01
0022022-01-01TAYLOR GILDEN
0022021-01-01
0022021-01-01RACHEL A. FOLEY
0022020-01-01
0022019-01-01
0022018-01-01RACHEL A. FOLEY
0022017-01-01RACHEL A. FOLEY
0022016-01-01RACHEL A. FOLEY
0022015-01-01RACHEL A. FOLEY
0022014-01-01RACHEL A. FOLEY
0022013-01-01RACHEL A. FOLEY
0022012-01-01RACHEL A. FOLEY
0022011-01-01RACHEL A. FOLEY
0022009-01-01RACHEL A. FOLEY

Plan Statistics for LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN

401k plan membership statisitcs for LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN

Measure Date Value
2023: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01153
Total number of active participants reported on line 7a of the Form 55002023-01-01109
Number of retired or separated participants receiving benefits2023-01-011
Number of other retired or separated participants entitled to future benefits2023-01-0144
Total of all active and inactive participants2023-01-01154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01154
Number of participants with account balances2023-01-01151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01142
Total number of active participants reported on line 7a of the Form 55002022-01-01106
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0142
Total of all active and inactive participants2022-01-01148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-012
Total participants2022-01-01150
Number of participants with account balances2022-01-01144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0112
2021: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01145
Total number of active participants reported on line 7a of the Form 55002021-01-0199
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0140
Total of all active and inactive participants2021-01-01139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01139
Number of participants with account balances2021-01-01137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0115
2020: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01136
Total number of active participants reported on line 7a of the Form 55002020-01-01113
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0131
Total of all active and inactive participants2020-01-01144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01144
Number of participants with account balances2020-01-01139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-018
2019: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01134
Total number of active participants reported on line 7a of the Form 55002019-01-01104
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0128
Total of all active and inactive participants2019-01-01132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01132
Number of participants with account balances2019-01-01128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-019
2018: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01129
Total number of active participants reported on line 7a of the Form 55002018-01-01112
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0121
Total of all active and inactive participants2018-01-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01133
Number of participants with account balances2018-01-01128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-013
2017: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01130
Total number of active participants reported on line 7a of the Form 55002017-01-01104
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0123
Total of all active and inactive participants2017-01-01127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01127
Number of participants with account balances2017-01-01119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-018
2016: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01127
Total number of active participants reported on line 7a of the Form 55002016-01-01101
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0126
Total of all active and inactive participants2016-01-01127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01127
Number of participants with account balances2016-01-01118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-017
2015: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01134
Total number of active participants reported on line 7a of the Form 55002015-01-01103
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0122
Total of all active and inactive participants2015-01-01125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01125
Number of participants with account balances2015-01-01118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0112
2014: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01124
Total number of active participants reported on line 7a of the Form 55002014-01-01113
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0117
Total of all active and inactive participants2014-01-01130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01130
Number of participants with account balances2014-01-01122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-012
2013: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01125
Total number of active participants reported on line 7a of the Form 55002013-01-01107
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0115
Total of all active and inactive participants2013-01-01122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01122
Number of participants with account balances2013-01-01117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-019
2012: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01126
Total number of active participants reported on line 7a of the Form 55002012-01-01112
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0113
Total of all active and inactive participants2012-01-01125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01125
Number of participants with account balances2012-01-01118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-018
2011: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01124
Total number of active participants reported on line 7a of the Form 55002011-01-01110
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0115
Total of all active and inactive participants2011-01-01125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01125
Number of participants with account balances2011-01-01123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-017
2009: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01108
Total number of active participants reported on line 7a of the Form 55002009-01-01106
Number of other retired or separated participants entitled to future benefits2009-01-0112
Total of all active and inactive participants2009-01-01118
Total participants2009-01-01118
Number of participants with account balances2009-01-0198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-015

Financial Data on LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN

Measure Date Value
2023 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$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$4,053,719
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$2,496,137
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$2,420,874
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$1,067,812
Value of total assets at end of year2023-12-31$16,771,909
Value of total assets at beginning of year2023-12-31$15,214,327
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$75,263
Total interest from all sources2023-12-31$10,525
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$565,587
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$565,587
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$1,000,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$503,803
Participant contributions at end of year2023-12-31$208,860
Participant contributions at beginning of year2023-12-31$226,250
Participant contributions at end of year2023-12-31$-109
Participant contributions at beginning of year2023-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$106,806
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$1,557,582
Value of net assets at end of year (total assets less liabilities)2023-12-31$16,771,909
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$15,214,327
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$16,224,505
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$14,442,343
Interest on participant loans2023-12-31$10,525
Value of interest in common/collective trusts at end of year2023-12-31$325,751
Value of interest in common/collective trusts at beginning of year2023-12-31$543,120
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$2,397,086
Net investment gain or loss from common/collective trusts2023-12-31$12,709
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$457,203
Employer contributions (assets) at end of year2023-12-31$12,902
Employer contributions (assets) at beginning of year2023-12-31$2,614
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$2,420,874
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31YOUNT, HYDE & BARBOUR, P.C.
Accountancy firm EIN2023-12-31541149263
Total unrealized appreciation/depreciation of assets2023-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$0
Total income from all sources (including contributions)2023-01-01$4,053,719
Total loss/gain on sale of assets2023-01-01$0
Total of all expenses incurred2023-01-01$2,496,137
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$2,420,874
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$1,067,812
Value of total assets at end of year2023-01-01$16,771,909
Value of total assets at beginning of year2023-01-01$15,214,327
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$75,263
Total interest from all sources2023-01-01$10,525
Total dividends received (eg from common stock, registered investment company shares)2023-01-01$565,587
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2023-01-01$565,587
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$1,000,000
If this is an individual account plan, was there a blackout period2023-01-01No
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$503,803
Participant contributions at end of year2023-01-01$208,860
Participant contributions at beginning of year2023-01-01$226,250
Participant contributions at end of year2023-01-01$-109
Participant contributions at beginning of year2023-01-01$0
Income. Received or receivable in cash from other sources (including rollovers)2023-01-01$106,806
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$1,557,582
Value of net assets at end of year (total assets less liabilities)2023-01-01$16,771,909
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$15,214,327
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-01-01$16,224,505
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-01-01$14,442,343
Interest on participant loans2023-01-01$10,525
Value of interest in common/collective trusts at end of year2023-01-01$325,751
Value of interest in common/collective trusts at beginning of year2023-01-01$543,120
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-01-01$2,397,086
Net investment gain or loss from common/collective trusts2023-01-01$12,709
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01No
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$457,203
Employer contributions (assets) at end of year2023-01-01$12,902
Employer contributions (assets) at beginning of year2023-01-01$2,614
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$2,420,874
Did the plan have assets held for investment2023-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01YOUNT, HYDE & BARBOUR, P.C.
Accountancy firm EIN2023-01-01541149263
2022 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$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$0
Total income from all sources (including contributions)2022-12-31$-3,179,732
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$2,461,704
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$2,347,027
Expenses. Certain deemed distributions of participant loans2022-12-31$35,772
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,140,697
Value of total assets at end of year2022-12-31$15,214,327
Value of total assets at beginning of year2022-12-31$20,855,763
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$78,905
Total interest from all sources2022-12-31$8,719
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$635,899
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$635,899
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$498,256
Participant contributions at end of year2022-12-31$226,250
Participant contributions at beginning of year2022-12-31$208,800
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$101,434
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-5,641,436
Value of net assets at end of year (total assets less liabilities)2022-12-31$15,214,327
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$20,855,763
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$43,316
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$14,442,343
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$19,487,427
Interest on participant loans2022-12-31$8,719
Value of interest in common/collective trusts at end of year2022-12-31$543,120
Value of interest in common/collective trusts at beginning of year2022-12-31$1,159,536
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-4,965,047
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$541,007
Employer contributions (assets) at end of year2022-12-31$2,614
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,347,027
Contract administrator fees2022-12-31$35,589
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31BAKER TILLY US, LLP
Accountancy firm EIN2022-12-31390859910
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total income from all sources (including contributions)2022-01-01$-3,179,732
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$2,461,704
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$2,347,027
Expenses. Certain deemed distributions of participant loans2022-01-01$35,772
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$1,140,697
Value of total assets at end of year2022-01-01$15,214,327
Value of total assets at beginning of year2022-01-01$20,855,763
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$78,905
Total interest from all sources2022-01-01$8,719
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$635,899
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$635,899
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$1,000,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$498,256
Participant contributions at end of year2022-01-01$226,250
Participant contributions at beginning of year2022-01-01$208,800
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$101,434
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-5,641,436
Value of net assets at end of year (total assets less liabilities)2022-01-01$15,214,327
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$20,855,763
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Investment advisory and management fees2022-01-01$43,316
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$14,442,343
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$19,487,427
Interest on participant loans2022-01-01$8,719
Value of interest in common/collective trusts at end of year2022-01-01$543,120
Value of interest in common/collective trusts at beginning of year2022-01-01$1,159,536
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-4,965,047
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$541,007
Employer contributions (assets) at end of year2022-01-01$2,614
Employer contributions (assets) at beginning of year2022-01-01$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$2,347,027
Contract administrator fees2022-01-01$35,589
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01BAKER TILLY US, LLP
Accountancy firm EIN2022-01-01390859910
2021 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$4,313,074
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$2,200,088
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$2,104,262
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,074,405
Value of total assets at end of year2021-12-31$20,855,763
Value of total assets at beginning of year2021-12-31$18,742,777
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$95,826
Total interest from all sources2021-12-31$10,027
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,433,921
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$1,433,921
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$510,848
Participant contributions at end of year2021-12-31$208,800
Participant contributions at beginning of year2021-12-31$191,788
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$26,177
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,112,986
Value of net assets at end of year (total assets less liabilities)2021-12-31$20,855,763
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$18,742,777
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$56,394
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$19,487,427
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$17,308,120
Interest on participant loans2021-12-31$10,027
Value of interest in common/collective trusts at end of year2021-12-31$1,159,536
Value of interest in common/collective trusts at beginning of year2021-12-31$1,242,637
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,794,721
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$537,380
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$232
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$2,104,262
Contract administrator fees2021-12-31$39,432
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BAKER TILLY US, LLP
Accountancy firm EIN2021-12-31390859910
2020 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$3,789,439
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$890,623
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$817,724
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,064,834
Value of total assets at end of year2020-12-31$18,742,777
Value of total assets at beginning of year2020-12-31$15,843,961
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$72,899
Total interest from all sources2020-12-31$13,561
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$702,077
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$702,077
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$497,639
Participant contributions at end of year2020-12-31$191,788
Participant contributions at beginning of year2020-12-31$281,841
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$7,290
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$39,235
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$2,898,816
Value of net assets at end of year (total assets less liabilities)2020-12-31$18,742,777
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$15,843,961
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$45,647
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$17,308,120
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$14,466,612
Interest on participant loans2020-12-31$13,561
Value of interest in common/collective trusts at end of year2020-12-31$1,242,637
Value of interest in common/collective trusts at beginning of year2020-12-31$1,080,136
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,008,967
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$527,960
Employer contributions (assets) at end of year2020-12-31$232
Employer contributions (assets) at beginning of year2020-12-31$8,082
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$817,724
Contract administrator fees2020-12-31$27,252
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31BAKER TILLY US, LLP
Accountancy firm EIN2020-12-31390859910
2019 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$3,912,808
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$843,141
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$777,193
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,025,942
Value of total assets at end of year2019-12-31$15,843,961
Value of total assets at beginning of year2019-12-31$12,774,294
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$65,948
Total interest from all sources2019-12-31$14,806
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$621,705
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$621,705
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$486,583
Participant contributions at end of year2019-12-31$281,841
Participant contributions at beginning of year2019-12-31$296,850
Participant contributions at end of year2019-12-31$7,290
Participant contributions at beginning of year2019-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$13,362
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$3,069,667
Value of net assets at end of year (total assets less liabilities)2019-12-31$15,843,961
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$12,774,294
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$42,133
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$14,466,612
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$11,605,735
Interest on participant loans2019-12-31$14,806
Value of interest in common/collective trusts at end of year2019-12-31$1,080,136
Value of interest in common/collective trusts at beginning of year2019-12-31$871,709
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,250,355
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$525,997
Employer contributions (assets) at end of year2019-12-31$8,082
Employer contributions (assets) at beginning of year2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$777,193
Contract administrator fees2019-12-31$23,815
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31BAKER TILLY VIRCHOW KRAUSE LLP
Accountancy firm EIN2019-12-31390859910
2018 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$161,089
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$153,518
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$68,340
Expenses. Certain deemed distributions of participant loans2018-12-31$24,743
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,006,604
Value of total assets at end of year2018-12-31$12,774,294
Value of total assets at beginning of year2018-12-31$12,766,723
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$60,435
Total interest from all sources2018-12-31$16,964
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$824,198
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$824,198
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$454,532
Participant contributions at end of year2018-12-31$296,850
Participant contributions at beginning of year2018-12-31$333,651
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$73,108
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$7,571
Value of net assets at end of year (total assets less liabilities)2018-12-31$12,774,294
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$12,766,723
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$39,181
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$11,605,735
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$11,660,994
Interest on participant loans2018-12-31$15,589
Value of interest in common/collective trusts at end of year2018-12-31$871,709
Value of interest in common/collective trusts at beginning of year2018-12-31$770,438
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$1,375
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,686,677
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$478,964
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$1,640
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$68,340
Contract administrator fees2018-12-31$21,254
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31BAKER TILLY VIRCHOW KRAUSE LLP
Accountancy firm EIN2018-12-31390859910
2017 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$2,916,632
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$1,567,547
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,514,539
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$846,686
Value of total assets at end of year2017-12-31$12,766,723
Value of total assets at beginning of year2017-12-31$11,417,638
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$53,008
Total interest from all sources2017-12-31$14,527
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$899,290
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$899,290
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$408,742
Participant contributions at end of year2017-12-31$333,651
Participant contributions at beginning of year2017-12-31$308,456
Participant contributions at end of year2017-12-31$0
Participant contributions at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$4,908
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,349,085
Value of net assets at end of year (total assets less liabilities)2017-12-31$12,766,723
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$11,417,638
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$34,400
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$11,660,994
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$10,482,476
Interest on participant loans2017-12-31$13,073
Value of interest in common/collective trusts at end of year2017-12-31$770,438
Value of interest in common/collective trusts at beginning of year2017-12-31$625,258
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$1,454
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,156,129
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$433,036
Employer contributions (assets) at end of year2017-12-31$1,640
Employer contributions (assets) at beginning of year2017-12-31$1,448
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,514,539
Contract administrator fees2017-12-31$18,608
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31BAKER TILLY VIRCHOW KRAUSE LLP
Accountancy firm EIN2017-12-31390859910
2016 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$1,756,659
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$489,322
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$443,214
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$917,012
Value of total assets at end of year2016-12-31$11,417,638
Value of total assets at beginning of year2016-12-31$10,150,301
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$46,108
Total interest from all sources2016-12-31$13,919
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$681,258
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$681,258
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$405,206
Participant contributions at end of year2016-12-31$308,456
Participant contributions at beginning of year2016-12-31$321,010
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$6,421
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$91,975
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,267,337
Value of net assets at end of year (total assets less liabilities)2016-12-31$11,417,638
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$10,150,301
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$30,576
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$10,482,476
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$9,293,644
Interest on participant loans2016-12-31$13,755
Value of interest in common/collective trusts at end of year2016-12-31$625,258
Value of interest in common/collective trusts at beginning of year2016-12-31$520,013
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$164
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$144,470
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$419,831
Employer contributions (assets) at end of year2016-12-31$1,448
Employer contributions (assets) at beginning of year2016-12-31$9,213
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$443,214
Contract administrator fees2016-12-31$15,532
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31BAKER TILLY VIRCHOW KRAUSE LLP
Accountancy firm EIN2016-12-31390859910
2015 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$816,675
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$338,563
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$291,637
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$798,103
Value of total assets at end of year2015-12-31$10,150,301
Value of total assets at beginning of year2015-12-31$9,672,189
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$46,926
Total interest from all sources2015-12-31$14,809
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$879,455
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$879,455
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$391,377
Participant contributions at end of year2015-12-31$321,010
Participant contributions at beginning of year2015-12-31$378,711
Participant contributions at end of year2015-12-31$6,421
Participant contributions at beginning of year2015-12-31$8,853
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$478,112
Value of net assets at end of year (total assets less liabilities)2015-12-31$10,150,301
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$9,672,189
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$9,293,644
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$8,773,555
Interest on participant loans2015-12-31$14,809
Value of interest in common/collective trusts at end of year2015-12-31$520,013
Value of interest in common/collective trusts at beginning of year2015-12-31$503,383
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-875,692
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$406,726
Employer contributions (assets) at end of year2015-12-31$9,213
Employer contributions (assets) at beginning of year2015-12-31$7,687
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$291,637
Contract administrator fees2015-12-31$46,926
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31BAKER TILLY VIRCHOW KRAUSE LLP
Accountancy firm EIN2015-12-31390859910
2014 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$1,291,300
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$353,892
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$303,754
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$773,378
Value of total assets at end of year2014-12-31$9,672,189
Value of total assets at beginning of year2014-12-31$8,734,781
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$50,138
Total interest from all sources2014-12-31$14,109
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$617,677
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$617,677
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$376,874
Participant contributions at end of year2014-12-31$378,711
Participant contributions at beginning of year2014-12-31$308,645
Participant contributions at end of year2014-12-31$8,853
Participant contributions at beginning of year2014-12-31$4,961
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$937,408
Value of net assets at end of year (total assets less liabilities)2014-12-31$9,672,189
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$8,734,781
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$8,773,555
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$7,894,146
Interest on participant loans2014-12-31$14,109
Value of interest in common/collective trusts at end of year2014-12-31$503,383
Value of interest in common/collective trusts at beginning of year2014-12-31$520,126
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-113,864
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$396,504
Employer contributions (assets) at end of year2014-12-31$7,687
Employer contributions (assets) at beginning of year2014-12-31$6,903
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$303,754
Contract administrator fees2014-12-31$50,138
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31BAKER TILLY VIRCHOW KRAUSE LLP
Accountancy firm EIN2014-12-31390859910
2013 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$2,197,365
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$447,056
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$428,606
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$740,461
Value of total assets at end of year2013-12-31$8,734,781
Value of total assets at beginning of year2013-12-31$6,984,472
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$18,450
Total interest from all sources2013-12-31$12,396
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$282,094
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$282,094
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$350,038
Participant contributions at end of year2013-12-31$308,645
Participant contributions at beginning of year2013-12-31$266,230
Participant contributions at end of year2013-12-31$4,961
Participant contributions at beginning of year2013-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$3,196
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$1,750,309
Value of net assets at end of year (total assets less liabilities)2013-12-31$8,734,781
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$6,984,472
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$13,703
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$7,894,146
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$6,243,149
Interest on participant loans2013-12-31$12,396
Value of interest in common/collective trusts at end of year2013-12-31$520,126
Value of interest in common/collective trusts at beginning of year2013-12-31$475,067
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$1,162,414
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31Yes
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$387,227
Employer contributions (assets) at end of year2013-12-31$6,903
Employer contributions (assets) at beginning of year2013-12-31$26
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$428,606
Contract administrator fees2013-12-31$4,747
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31PARENTEBEARD LLC
Accountancy firm EIN2013-12-31232932984
2012 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$1,588,974
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$1,462,579
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$1,456,318
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$692,318
Value of total assets at end of year2012-12-31$6,984,472
Value of total assets at beginning of year2012-12-31$6,858,077
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$6,261
Total interest from all sources2012-12-31$11,191
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$165,110
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$165,110
Administrative expenses professional fees incurred2012-12-31$6,261
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$340,568
Participant contributions at end of year2012-12-31$266,230
Participant contributions at beginning of year2012-12-31$276,373
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$126,395
Value of net assets at end of year (total assets less liabilities)2012-12-31$6,984,472
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$6,858,077
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$6,243,149
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$6,062,092
Interest on participant loans2012-12-31$11,191
Value of interest in common/collective trusts at end of year2012-12-31$475,067
Value of interest in common/collective trusts at beginning of year2012-12-31$519,612
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$720,355
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$351,750
Employer contributions (assets) at end of year2012-12-31$26
Employer contributions (assets) at beginning of year2012-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$1,456,318
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31PARENTEBEARD LLC
Accountancy firm EIN2012-12-31232932984
2011 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$604,369
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$810,536
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$804,331
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$784,087
Value of total assets at end of year2011-12-31$6,858,077
Value of total assets at beginning of year2011-12-31$7,064,244
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$6,205
Total interest from all sources2011-12-31$11,268
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$172,656
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$172,656
Administrative expenses professional fees incurred2011-12-31$6,205
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$3,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$338,604
Participant contributions at end of year2011-12-31$276,373
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$65,746
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-206,167
Value of net assets at end of year (total assets less liabilities)2011-12-31$6,858,077
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$7,064,244
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$6,062,092
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$7,062,872
Interest on participant loans2011-12-31$11,268
Value of interest in common/collective trusts at end of year2011-12-31$519,612
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-363,642
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31Yes
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$379,737
Employer contributions (assets) at end of year2011-12-31$0
Employer contributions (assets) at beginning of year2011-12-31$1,372
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$804,331
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31PARENTEBEARD LLC
Accountancy firm EIN2011-12-31232932984
2010 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2010 401k financial data
Total income from all sources2010-12-31$1,514,521
Expenses. Total of all expenses incurred2010-12-31$136,686
Benefits paid (including direct rollovers)2010-12-31$129,974
Total plan assets at end of year2010-12-31$7,064,244
Total plan assets at beginning of year2010-12-31$5,686,409
Value of fidelity bond covering the plan2010-12-31$1,000,000
Total contributions received or receivable from participants2010-12-31$308,455
Expenses. Other expenses not covered elsewhere2010-12-31$575
Other income received2010-12-31$848,560
Net income (gross income less expenses)2010-12-31$1,377,835
Net plan assets at end of year (total assets less liabilities)2010-12-31$7,064,244
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$5,686,409
Assets. Value of participant loans2010-12-31$241,819
Total contributions received or receivable from employer(s)2010-12-31$357,506
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$6,137
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN

2023: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: LAKE SHORE SAVINGS BANK 401(K) SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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