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PENSION PLAN FOR LUMAX INDUSTRIES INC LOCAL UNION 2007 IBEW 401k Plan overview

Plan NamePENSION PLAN FOR LUMAX INDUSTRIES INC LOCAL UNION 2007 IBEW
Plan identification number 002

PENSION PLAN FOR LUMAX INDUSTRIES INC LOCAL UNION 2007 IBEW 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

LUMAX INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:LUMAX INDUSTRIES, INC.
Employer identification number (EIN):251305517
NAIC Classification:335100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR LUMAX INDUSTRIES INC LOCAL UNION 2007 IBEW

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-09-01JANEL LONG2024-03-05 JANEL LONG2024-03-05
0022021-09-01JANEL LONG2023-02-21 JANEL LONG2023-02-21
0022020-09-01JANEL LONG2022-02-23 JANEL LONG2022-02-23
0022019-09-01JANEL LONG2021-03-12 JANEL LONG2021-03-12
0022018-09-01JANEL LONG2020-03-06 JANEL LONG2020-03-06
0022017-09-01JANEL LONG2019-10-09 JANEL LONG2019-10-09
0022016-09-01JANEL LONG2018-03-07 JANEL LONG2018-03-07
0022015-09-01JANEL LONG2017-02-10 JANEL LONG2017-02-10
0022014-09-01JANEL LONG2016-02-12 JANEL LONG2016-02-12
0022013-09-01JANEL LONG2015-02-13 JANEL LONG2015-02-13
0022012-09-01JANEL LONG2014-03-14 JANEL LONG2014-03-14
0022011-09-01JANEL LONG2013-01-15 JANEL LONG2013-01-15
0022010-09-01JANEL LONG2011-11-10 JANEL LONG2011-11-10

Financial Data on PENSION PLAN FOR LUMAX INDUSTRIES INC LOCAL UNION 2007 IBEW

Measure Date Value
2025 : PENSION PLAN FOR LUMAX INDUSTRIES INC LOCAL UNION 2007 IBEW 2025 401k financial data
Total transfers to/from plan in this plan year2025-05-140
Total liabilities as of the end of the plan year2025-05-140
Total liabilities as of the beginning of the plan year2025-05-140
Total expenses incurred by plan in this plan year2025-05-14545714
Net assets as of the end of the plan year2025-05-140
Total assets as of the beginning of the plan year2025-05-14549084
Value of plan covered by a fidelity bond2025-05-14175000
Participant contributions to plan in this plan year2025-05-14364
Other expenses paid from plan in this plan year2025-05-140
Other contributions to plan in this plan year2025-05-140
Other income to plan in this plan year2025-05-14-3734
Plan net income in this plan year2025-05-14-549084
Net assets as of the end of the plan year2025-05-140
Net assets as of the beginning of the plan year2025-05-14549084
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-141479
2023 : PENSION PLAN FOR LUMAX INDUSTRIES INC LOCAL UNION 2007 IBEW 2023 401k financial data
Total transfers to/from plan in this plan year2023-02-210
Total liabilities as of the end of the plan year2023-02-210
Total liabilities as of the beginning of the plan year2023-02-210
Total expenses incurred by plan in this plan year2023-02-21276871
Net assets as of the end of the plan year2023-02-21555175
Total assets as of the beginning of the plan year2023-02-21925771
Value of plan covered by a fidelity bond2023-02-21175000
Participant contributions to plan in this plan year2023-02-2112463
Other expenses paid from plan in this plan year2023-02-210
Other contributions to plan in this plan year2023-02-210
Other income to plan in this plan year2023-02-21-111204
Plan net income in this plan year2023-02-21-370596
Net assets as of the end of the plan year2023-02-21555175
Net assets as of the beginning of the plan year2023-02-21925771
Employer contributions to plan in this plan year2023-02-215016
Expensese paid to adminstrative service provicers from plan in this plan year2023-02-211892

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