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LONE STAR MACHINE WORKS 401(K) PLAN 401k Plan overview

Plan NameLONE STAR MACHINE WORKS 401(K) PLAN
Plan identification number 001

LONE STAR MACHINE WORKS 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • 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

LONE STAR MACHINE WORKS has sponsored the creation of one or more 401k plans.

Company Name:LONE STAR MACHINE WORKS
Employer identification number (EIN):201990844
NAIC Classification:333510

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LONE STAR MACHINE WORKS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01PAULA GARNER2024-05-03
0012023-01-01PAULA GARNER2024-05-09
0012022-01-01PAULA GARNER2023-05-04
0012021-01-01PAULA GARNER2022-10-06
0012020-01-01PAULA GARNER2021-10-05
0012020-01-01PAULA GARNER2021-09-16
0012019-01-01MIKEL PAYNE2020-11-12
0012018-01-01MIKEL PAYNE2019-10-10
0012017-01-01MIKEL PAYNE2018-07-17
0012016-01-01MIKEL PAYNE2017-07-31
0012015-01-01PATRICIA PAYNE2016-07-14

Financial Data on LONE STAR MACHINE WORKS 401(K) PLAN

Measure Date Value
2024 : LONE STAR MACHINE WORKS 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-092368862
Net assets as of the end of the plan year2024-05-0967551
Total assets as of the beginning of the plan year2024-05-091958889
Value of plan covered by a fidelity bond2024-05-09110000
Participant contributions to plan in this plan year2024-05-090
Other contributions to plan in this plan year2024-05-09269700
Other income to plan in this plan year2024-05-09207824
Plan net income in this plan year2024-05-09-1891338
Net assets as of the end of the plan year2024-05-0967551
Net assets as of the beginning of the plan year2024-05-091958889
Employer contributions to plan in this plan year2024-05-090
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-0915111
Total expenses incurred by plan in this plan year2024-05-0367169
Net assets as of the end of the plan year2024-05-030
Total assets as of the beginning of the plan year2024-05-0367551
Value of plan covered by a fidelity bond2024-05-03110000
Participant contributions to plan in this plan year2024-05-030
Other contributions to plan in this plan year2024-05-030
Other income to plan in this plan year2024-05-03-382
Plan net income in this plan year2024-05-03-67551
Net assets as of the end of the plan year2024-05-030
Net assets as of the beginning of the plan year2024-05-0367551
Employer contributions to plan in this plan year2024-05-030
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-03251
2022 : LONE STAR MACHINE WORKS 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-06148751
Net assets as of the end of the plan year2022-10-062174248
Total assets as of the beginning of the plan year2022-10-061460009
Value of plan covered by a fidelity bond2022-10-06110000
Participant contributions to plan in this plan year2022-10-06236525
Other contributions to plan in this plan year2022-10-06176415
Other income to plan in this plan year2022-10-06154437
Plan net income in this plan year2022-10-06714239
Net assets as of the end of the plan year2022-10-062174248
Net assets as of the beginning of the plan year2022-10-061460009
Employer contributions to plan in this plan year2022-10-06295613
Fees paid to broker by Benefit Provider2022-10-064954
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-0613600

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