401k Plan data: LABOR MANAGEMENT CORP INITIATIVE 401(K) PLAN plan

LABOR MANAGEMENT CORP INITIATIVE 401(K) PLAN 401k Plan overview

Plan Name	LABOR MANAGEMENT CORP INITIATIVE 401(K) PLAN
Plan identification number	002

LABOR MANAGEMENT CORP INITIATIVE 401(K) PLAN Benefits

401k Plan Type

Defined 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

LABOR MANAGEMENT CORP INITIATIVE has sponsored the creation of one or more 401k plans.

Company Name: LABOR MANAGEMENT CORP INITIATIVE

Employer identification number (EIN): 526776506

NAIC Classification: 813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LABOR MANAGEMENT CORP INITIATIVE 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 ERICA DESTEFANO 2024-07-15
002 2022-01-01 ERICA DESTEFANO 2023-07-31
002 2021-01-01 ERICA DESTEFANO 2022-07-19
002 2020-01-01 ERICA DESTEFANO 2021-07-23
002 2019-01-01 ERICA DESTEFANO 2020-09-30
002 2018-01-01 CHARLIE HARRIS 2019-10-08
002 2017-01-01 CHARLIE HARRIS 2018-10-15
002 2016-01-01 CHARLIE HARRIS 2017-10-12
002 2015-01-01 CHARLIE HARRIS 2016-07-11
002 2014-01-01 GEORGE GALIS 2015-09-11
002 2013-01-01 GEORGE GALIS 2014-07-30
002 2012-01-01 GARY J MEYERS 2013-07-23
002 2011-01-01 GARY J MEYERS 2012-07-19
002 2010-01-01 GARY J MEYERS 2011-07-11 JAMES A WILLIAMS 2011-07-11

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2023-01-01	ERICA DESTEFANO	2024-07-15
002	2022-01-01	ERICA DESTEFANO	2023-07-31
002	2021-01-01	ERICA DESTEFANO	2022-07-19
002	2020-01-01	ERICA DESTEFANO	2021-07-23
002	2019-01-01	ERICA DESTEFANO	2020-09-30
002	2018-01-01	CHARLIE HARRIS	2019-10-08
002	2017-01-01	CHARLIE HARRIS	2018-10-15
002	2016-01-01	CHARLIE HARRIS	2017-10-12
002	2015-01-01	CHARLIE HARRIS	2016-07-11
002	2014-01-01	GEORGE GALIS	2015-09-11
002	2013-01-01	GEORGE GALIS	2014-07-30
002	2012-01-01	GARY J MEYERS	2013-07-23
002	2011-01-01	GARY J MEYERS	2012-07-19
002	2010-01-01	GARY J MEYERS	2011-07-11	JAMES A WILLIAMS	2011-07-11

Financial Data on LABOR MANAGEMENT CORP INITIATIVE 401(K) PLAN

Measure	Date	Value
2025 : LABOR MANAGEMENT CORP INITIATIVE 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year	2025-07-08	0
Total liabilities as of the end of the plan year	2025-07-08	0
Total liabilities as of the beginning of the plan year	2025-07-08	0
Total expenses incurred by plan in this plan year	2025-07-08	0
Net assets as of the end of the plan year	2025-07-08	1667048
Total assets as of the beginning of the plan year	2025-07-08	1390282
Value of plan covered by a fidelity bond	2025-07-08	300000
Participant contributions to plan in this plan year	2025-07-08	51474
Value of participant loans at end of plan year	2025-07-08	55810
Other expenses paid from plan in this plan year	2025-07-08	0
Other contributions to plan in this plan year	2025-07-08	0
Other income to plan in this plan year	2025-07-08	176556
Plan net income in this plan year	2025-07-08	276766
Net assets as of the end of the plan year	2025-07-08	1667048
Net assets as of the beginning of the plan year	2025-07-08	1390282
Employer contributions to plan in this plan year	2025-07-08	48736
Expensese paid to adminstrative service provicers from plan in this plan year	2025-07-08	0
2024 : LABOR MANAGEMENT CORP INITIATIVE 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year	2024-07-15	0
Total liabilities as of the end of the plan year	2024-07-15	0
Total liabilities as of the beginning of the plan year	2024-07-15	0
Total expenses incurred by plan in this plan year	2024-07-15	0
Net assets as of the end of the plan year	2024-07-15	1390282
Total assets as of the beginning of the plan year	2024-07-15	1125696
Value of plan covered by a fidelity bond	2024-07-15	300000
Participant contributions to plan in this plan year	2024-07-15	49375
Value of participant loans at end of plan year	2024-07-15	63513
Other expenses paid from plan in this plan year	2024-07-15	0
Other contributions to plan in this plan year	2024-07-15	0
Other income to plan in this plan year	2024-07-15	170033
Plan net income in this plan year	2024-07-15	264586
Net assets as of the end of the plan year	2024-07-15	1390282
Net assets as of the beginning of the plan year	2024-07-15	1125696
Employer contributions to plan in this plan year	2024-07-15	45178
Expensese paid to adminstrative service provicers from plan in this plan year	2024-07-15	0

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:	LABOR MANAGEMENT CORP INITIATIVE
Employer identification number (EIN):	526776506
NAIC Classification:	813000
NAIC Description:	Religious, Grantmaking, Civic, Professional, and Similar Organizations