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L & M CARPET CLEANING 401(K) PLAN 401k Plan overview

Plan NameL & M CARPET CLEANING 401(K) PLAN
Plan identification number 001

L & M CARPET CLEANING 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.
  • Plan covering Self-Employed individuals.
  • 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

L & M CARPET CLEANING has sponsored the creation of one or more 401k plans.

Company Name:L & M CARPET CLEANING
Employer identification number (EIN):421504589
NAIC Classification:561740
NAIC Description:Carpet and Upholstery Cleaning Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan L & M CARPET CLEANING 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01MATTHEW LONGCOR2019-08-27
0012017-01-01MATTHEW LONGCOR2018-09-21
0012016-01-01MATTHEW LONGCOR2017-08-23
0012015-01-01MATTHEW LONGCOR2016-07-27
0012013-01-01MATTHEW LONGCOR2014-09-26

Plan Statistics for L & M CARPET CLEANING 401(K) PLAN

401k plan membership statisitcs for L & M CARPET CLEANING 401(K) PLAN

Measure Date Value
2024: L & M CARPET CLEANING 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-08-222
Total number of particpants at end of year2024-08-222
Number of Participants With Account Balances2024-08-221
2022: L & M CARPET CLEANING 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-122
Total number of particpants at end of year2022-10-122
Number of Participants With Account Balances2022-10-121

Financial Data on L & M CARPET CLEANING 401(K) PLAN

Measure Date Value
2024 : L & M CARPET CLEANING 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-08-220
Total expenses incurred by plan in this plan year2024-08-221902
Net assets as of the end of the plan year2024-08-2244617
Total assets as of the beginning of the plan year2024-08-2235309
Value of plan covered by a fidelity bond2024-08-2210000
Participant contributions to plan in this plan year2024-08-224800
Value of participant loans at end of plan year2024-08-225511
Other expenses paid from plan in this plan year2024-08-220
Other contributions to plan in this plan year2024-08-220
Other income to plan in this plan year2024-08-226410
Plan net income in this plan year2024-08-229308
Net assets as of the end of the plan year2024-08-2244617
Net assets as of the beginning of the plan year2024-08-2235309
Employer contributions to plan in this plan year2024-08-220
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-221902
2022 : L & M CARPET CLEANING 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-121901
Net assets as of the end of the plan year2022-10-1240307
Total assets as of the beginning of the plan year2022-10-1235859
Value of plan covered by a fidelity bond2022-10-1210000
Participant contributions to plan in this plan year2022-10-121950
Value of participant loans at end of plan year2022-10-1210108
Other income to plan in this plan year2022-10-124399
Plan net income in this plan year2022-10-124448
Net assets as of the end of the plan year2022-10-1240307
Net assets as of the beginning of the plan year2022-10-1235859
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-121901

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