401k Plan data: LIFETIME FINANCIAL 401(K) PLAN plan

LIFETIME FINANCIAL 401(K) PLAN 401k Plan overview

Plan Name	LIFETIME FINANCIAL 401(K) PLAN
Plan identification number	002

LIFETIME FINANCIAL 401(K) PLAN Benefits

401k Plan Type

Defined 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

LIFETIME FINANCIAL ALLIANCE, LLC has sponsored the creation of one or more 401k plans.

Company Name: LIFETIME FINANCIAL ALLIANCE, LLC

Employer identification number (EIN): 371554249

NAIC Classification: 523900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LIFETIME FINANCIAL 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 STEPHANIE STURGILL 2024-06-07
002 2022-01-01 STEPHANIE STURGILL 2023-06-15 STEPHANIE STURGILL 2023-06-15
002 2021-01-01 STEPHANIE STURGILL 2024-10-28
002 2020-01-01 LAURIE A MICHAEL 2021-10-07 BRIAN KAY 2021-10-07
002 2019-01-01 LAURIE MICHAEL 2020-09-18
002 2018-01-01 LAURIE A MICHAEL 2019-10-15
002 2017-01-01 JOSEPH STOCK 2018-10-02
002 2016-01-01 JEANETTE SUMMERFIELD 2017-06-28
002 2015-01-01 TIM AUSTIN 2016-05-20 TIM AUSTIN 2016-05-20
002 2014-01-01 BRETT ROSE 2015-05-21 BRETT ROSE 2015-05-21
002 2013-01-01 TIM AUSTIN 2014-06-23 TIM AUSTIN 2014-06-23
002 2012-01-01 BRETT ROSE 2013-08-07 BRETT ROSE 2013-08-07
002 2011-01-01 BRETT ROSE 2013-08-15 BRETT ROSE 2013-08-15
002 2010-01-01 TIMOTHY J AUSTIN 2011-08-22

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2023-01-01	STEPHANIE STURGILL	2024-06-07
002	2022-01-01	STEPHANIE STURGILL	2023-06-15	STEPHANIE STURGILL	2023-06-15
002	2021-01-01	STEPHANIE STURGILL	2024-10-28
002	2020-01-01	LAURIE A MICHAEL	2021-10-07	BRIAN KAY	2021-10-07
002	2019-01-01	LAURIE MICHAEL	2020-09-18
002	2018-01-01	LAURIE A MICHAEL	2019-10-15
002	2017-01-01	JOSEPH STOCK	2018-10-02
002	2016-01-01	JEANETTE SUMMERFIELD	2017-06-28
002	2015-01-01	TIM AUSTIN	2016-05-20	TIM AUSTIN	2016-05-20
002	2014-01-01	BRETT ROSE	2015-05-21	BRETT ROSE	2015-05-21
002	2013-01-01	TIM AUSTIN	2014-06-23	TIM AUSTIN	2014-06-23
002	2012-01-01	BRETT ROSE	2013-08-07	BRETT ROSE	2013-08-07
002	2011-01-01	BRETT ROSE	2013-08-15	BRETT ROSE	2013-08-15
002	2010-01-01	TIMOTHY J AUSTIN	2011-08-22

Plan Statistics for LIFETIME FINANCIAL 401(K) PLAN

401k plan membership statisitcs for LIFETIME FINANCIAL 401(K) PLAN

Measure Date Value
2025: LIFETIME FINANCIAL 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year 2025-08-20 44
Total number of particpants at end of year 2025-08-20 42
Number of Participants With Account Balances 2025-08-20 42
2024: LIFETIME FINANCIAL 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-10-28 57
Total number of particpants at end of year 2024-10-28 51
Number of Participants With Account Balances 2024-10-28 48
Total number of particpants at beginning of year 2024-06-07 50
Total number of particpants at end of year 2024-06-07 44
Number of Participants With Account Balances 2024-06-07 44

Measure	Date	Value
2025: LIFETIME FINANCIAL 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year	2025-08-20	44
Total number of particpants at end of year	2025-08-20	42
Number of Participants With Account Balances	2025-08-20	42
2024: LIFETIME FINANCIAL 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-10-28	57
Total number of particpants at end of year	2024-10-28	51
Number of Participants With Account Balances	2024-10-28	48
Total number of particpants at beginning of year	2024-06-07	50
Total number of particpants at end of year	2024-06-07	44
Number of Participants With Account Balances	2024-06-07	44

Financial Data on LIFETIME FINANCIAL 401(K) PLAN

Measure	Date	Value
2025 : LIFETIME FINANCIAL 401(K) PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year	2025-08-20	0
Total expenses incurred by plan in this plan year	2025-08-20	30160
Net assets as of the end of the plan year	2025-08-20	3731342
Total assets as of the beginning of the plan year	2025-08-20	3226794
Value of plan covered by a fidelity bond	2025-08-20	200000
Participant contributions to plan in this plan year	2025-08-20	47143
Other income to plan in this plan year	2025-08-20	440231
Plan net income in this plan year	2025-08-20	504548
Net assets as of the end of the plan year	2025-08-20	3731342
Net assets as of the beginning of the plan year	2025-08-20	3226794
Value of contributions failed to transmitted timely	2025-08-20	4309
Employer contributions to plan in this plan year	2025-08-20	47334
Expensese paid to adminstrative service provicers from plan in this plan year	2025-08-20	7998
2024 : LIFETIME FINANCIAL 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year	2024-10-28	0
Total expenses incurred by plan in this plan year	2024-10-28	140555
Net assets as of the end of the plan year	2024-10-28	3097461
Total assets as of the beginning of the plan year	2024-10-28	2767384
Value of plan covered by a fidelity bond	2024-10-28	200000
Participant contributions to plan in this plan year	2024-10-28	76244
Other income to plan in this plan year	2024-10-28	340935
Plan net income in this plan year	2024-10-28	330077
Net assets as of the end of the plan year	2024-10-28	3097461
Net assets as of the beginning of the plan year	2024-10-28	2767384
Employer contributions to plan in this plan year	2024-10-28	53453
Expensese paid to adminstrative service provicers from plan in this plan year	2024-10-28	7351
Total liabilities as of the beginning of the plan year	2024-06-07	0
Total expenses incurred by plan in this plan year	2024-06-07	44111
Net assets as of the end of the plan year	2024-06-07	3226794
Total assets as of the beginning of the plan year	2024-06-07	2761890
Value of plan covered by a fidelity bond	2024-06-07	200000
Participant contributions to plan in this plan year	2024-06-07	48999
Other income to plan in this plan year	2024-06-07	411520
Plan net income in this plan year	2024-06-07	464904
Net assets as of the end of the plan year	2024-06-07	3226794
Net assets as of the beginning of the plan year	2024-06-07	2761890
Employer contributions to plan in this plan year	2024-06-07	48496
Expensese paid to adminstrative service provicers from plan in this plan year	2024-06-07	240

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	LIFETIME FINANCIAL ALLIANCE, LLC
Employer identification number (EIN):	371554249
NAIC Classification:	523900