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403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. 401k Plan overview

Plan Name403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC.
Plan identification number 002

403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

L.K.L.P. COMMUNITY ACTION COUNCIL, INC. has sponsored the creation of one or more 401k plans.

Company Name:L.K.L.P. COMMUNITY ACTION COUNCIL, INC.
Employer identification number (EIN):610661299
NAIC Classification:624100
NAIC Description: Individual and Family Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022012-07-01DEBORAH BREWER
0022011-07-01DEBORAH BREWER
0022010-07-01DEBBIE BREWER DEBBIE BREWER2012-02-14
0022009-07-01DEBORAH BREWER DEBORAH BREWER2011-04-13

Plan Statistics for 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC.

401k plan membership statisitcs for 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC.

Measure Date Value
2012: 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. 2012 401k membership
Total participants, beginning-of-year2012-07-01103
Total number of active participants reported on line 7a of the Form 55002012-07-010
Number of retired or separated participants receiving benefits2012-07-010
Number of other retired or separated participants entitled to future benefits2012-07-010
Total of all active and inactive participants2012-07-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-07-010
Total participants2012-07-010
Number of participants with account balances2012-07-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-07-010
2011: 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. 2011 401k membership
Total participants, beginning-of-year2011-07-01240
Total number of active participants reported on line 7a of the Form 55002011-07-0199
Number of retired or separated participants receiving benefits2011-07-010
Number of other retired or separated participants entitled to future benefits2011-07-014
Total of all active and inactive participants2011-07-01103
Total participants2011-07-01103
Number of participants with account balances2011-07-01103
2010: 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. 2010 401k membership
Total participants, beginning-of-year2010-07-01256
Total number of active participants reported on line 7a of the Form 55002010-07-01239
Number of retired or separated participants receiving benefits2010-07-010
Number of other retired or separated participants entitled to future benefits2010-07-011
Total of all active and inactive participants2010-07-01240
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-07-010
Total participants2010-07-01240
Number of participants with account balances2010-07-01110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-07-010
2009: 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. 2009 401k membership
Total participants, beginning-of-year2009-07-01265
Total number of active participants reported on line 7a of the Form 55002009-07-01254
Number of retired or separated participants receiving benefits2009-07-010
Number of other retired or separated participants entitled to future benefits2009-07-011
Total of all active and inactive participants2009-07-01255
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-07-011
Total participants2009-07-01256
Number of participants with account balances2009-07-01104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-07-010

Financial Data on 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC.

Measure Date Value
2012 : 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. 2012 401k financial data
Total transfer of assets to this plan2012-07-31$0
Total transfer of assets from this plan2012-07-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-07-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-07-31$0
Total income from all sources (including contributions)2012-07-31$1,842
Total of all expenses incurred2012-07-31$973,994
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-07-31$973,994
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-07-31$0
Value of total assets at end of year2012-07-31$0
Value of total assets at beginning of year2012-07-31$972,152
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-07-31$0
Total interest from all sources2012-07-31$1,030
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-07-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2012-07-31$0
Administrative expenses professional fees incurred2012-07-31$0
Was this plan covered by a fidelity bond2012-07-31Yes
Value of fidelity bond cover2012-07-31$140,000
If this is an individual account plan, was there a blackout period2012-07-31No
Were there any nonexempt tranactions with any party-in-interest2012-07-31No
Contributions received from participants2012-07-31$0
Income. Received or receivable in cash from other sources (including rollovers)2012-07-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2012-07-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-07-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-07-31$0
Administrative expenses (other) incurred2012-07-31$0
Liabilities. Value of operating payables at end of year2012-07-31$0
Liabilities. Value of operating payables at beginning of year2012-07-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-07-31No
Income. Non cash contributions2012-07-31$0
Value of net income/loss2012-07-31$-972,152
Value of net assets at end of year (total assets less liabilities)2012-07-31$0
Value of net assets at beginning of year (total assets less liabilities)2012-07-31$972,152
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-07-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-07-31No
Were any leases to which the plan was party in default or uncollectible2012-07-31No
Investment advisory and management fees2012-07-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-07-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-07-31$154,950
Interest earned on other investments2012-07-31$1,030
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-07-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-07-31$817,202
Expenses. Payments to insurance carriers foe the provision of benefits2012-07-31$0
Net investment gain/loss from pooled separate accounts2012-07-31$812
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-07-31No
Was there a failure to transmit to the plan any participant contributions2012-07-31No
Has the plan failed to provide any benefit when due under the plan2012-07-31No
Contributions received in cash from employer2012-07-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-07-31$973,994
Contract administrator fees2012-07-31$0
Liabilities. Value of benefit claims payable at end of year2012-07-31$0
Liabilities. Value of benefit claims payable at beginning of year2012-07-31$0
Did the plan have assets held for investment2012-07-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-07-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-07-31Yes
Liabilities. Value of acquisition indebtedness at end of year2012-07-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2012-07-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-07-31Yes
Opinion of an independent qualified public accountant for this plan2012-07-31Disclaimer
Accountancy firm name2012-07-31BALDWIN CPAS PLLL
Accountancy firm EIN2012-07-31201416603
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-06-30$0
Total income from all sources (including contributions)2012-06-30$161,309
Total of all expenses incurred2012-06-30$78,649
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-06-30$78,649
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-06-30$147,614
Value of total assets at end of year2012-06-30$972,152
Value of total assets at beginning of year2012-06-30$889,492
Total interest from all sources2012-06-30$14,451
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-06-30Yes
Was this plan covered by a fidelity bond2012-06-30Yes
Value of fidelity bond cover2012-06-30$140,000
If this is an individual account plan, was there a blackout period2012-06-30No
Were there any nonexempt tranactions with any party-in-interest2012-06-30No
Contributions received from participants2012-06-30$83,456
Income. Received or receivable in cash from other sources (including rollovers)2012-06-30$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2012-06-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-06-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-06-30$0
Other income not declared elsewhere2012-06-30$725
Liabilities. Value of operating payables at end of year2012-06-30$0
Liabilities. Value of operating payables at beginning of year2012-06-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-06-30No
Income. Non cash contributions2012-06-30$0
Value of net income/loss2012-06-30$82,660
Value of net assets at end of year (total assets less liabilities)2012-06-30$972,152
Value of net assets at beginning of year (total assets less liabilities)2012-06-30$889,492
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2012-06-30No
Were any leases to which the plan was party in default or uncollectible2012-06-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-06-30$154,950
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-06-30$166,968
Interest earned on other investments2012-06-30$14,451
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-06-30$817,202
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-06-30$722,524
Expenses. Payments to insurance carriers foe the provision of benefits2012-06-30$0
Net investment gain/loss from pooled separate accounts2012-06-30$-1,481
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-06-30No
Was there a failure to transmit to the plan any participant contributions2012-06-30No
Has the plan failed to provide any benefit when due under the plan2012-06-30No
Contributions received in cash from employer2012-06-30$64,158
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-06-30$78,649
Liabilities. Value of benefit claims payable at end of year2012-06-30$0
Liabilities. Value of benefit claims payable at beginning of year2012-06-30$0
Did the plan have assets held for investment2012-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-06-30No
Liabilities. Value of acquisition indebtedness at end of year2012-06-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2012-06-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-06-30Yes
Opinion of an independent qualified public accountant for this plan2012-06-30Disclaimer
Accountancy firm name2012-06-30BALDWIN CPAS, PLLC
Accountancy firm EIN2012-06-30201416603
2011 : 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-06-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-06-30$0
Total income from all sources (including contributions)2011-06-30$186,264
Total loss/gain on sale of assets2011-06-30$0
Total of all expenses incurred2011-06-30$91,924
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-06-30$91,924
Expenses. Certain deemed distributions of participant loans2011-06-30$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-06-30$142,927
Value of total assets at end of year2011-06-30$889,492
Value of total assets at beginning of year2011-06-30$795,152
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-06-30$0
Total interest from all sources2011-06-30$16,022
Total dividends received (eg from common stock, registered investment company shares)2011-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-06-30No
Was this plan covered by a fidelity bond2011-06-30Yes
Value of fidelity bond cover2011-06-30$130,000
If this is an individual account plan, was there a blackout period2011-06-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-06-30$0
Were there any nonexempt tranactions with any party-in-interest2011-06-30No
Contributions received from participants2011-06-30$80,476
Income. Received or receivable in cash from other sources (including rollovers)2011-06-30$0
Other income not declared elsewhere2011-06-30$0
Administrative expenses (other) incurred2011-06-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-06-30No
Value of net income/loss2011-06-30$94,340
Value of net assets at end of year (total assets less liabilities)2011-06-30$889,492
Value of net assets at beginning of year (total assets less liabilities)2011-06-30$795,152
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2011-06-30No
Were any leases to which the plan was party in default or uncollectible2011-06-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-06-30$166,968
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-06-30$116,229
Interest on participant loans2011-06-30$0
Interest earned on other investments2011-06-30$16,022
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-06-30$722,524
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-06-30$678,923
Expenses. Payments to insurance carriers foe the provision of benefits2011-06-30$0
Net investment gain/loss from pooled separate accounts2011-06-30$27,315
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-06-30No
Was there a failure to transmit to the plan any participant contributions2011-06-30No
Has the plan failed to provide any benefit when due under the plan2011-06-30No
Contributions received in cash from employer2011-06-30$62,451
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-06-30$91,924
Did the plan have assets held for investment2011-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-06-30Yes
Opinion of an independent qualified public accountant for this plan2011-06-30Disclaimer
Accountancy firm name2011-06-30BALDWIN CAPS PLLC
Accountancy firm EIN2011-06-30201416603
2010 : 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-06-30$0

Form 5500 Responses for 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC.

2012: 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. 2012 form 5500 responses
2012-07-01Type of plan entitySingle employer plan
2012-07-01Submission has been amendedYes
2012-07-01This submission is the final filingYes
2012-07-01This return/report is a short plan year return/report (less than 12 months)Yes
2012-07-01Plan is a collectively bargained planNo
2012-07-01Plan funding arrangement – InsuranceYes
2012-07-01Plan benefit arrangement – InsuranceYes
2011: 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. 2011 form 5500 responses
2011-07-01Type of plan entitySingle employer plan
2011-07-01Submission has been amendedNo
2011-07-01This submission is the final filingNo
2011-07-01This return/report is a short plan year return/report (less than 12 months)No
2011-07-01Plan is a collectively bargained planNo
2011-07-01Plan funding arrangement – InsuranceYes
2011-07-01Plan benefit arrangement – InsuranceYes
2010: 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. 2010 form 5500 responses
2010-07-01Type of plan entitySingle employer plan
2010-07-01Submission has been amendedNo
2010-07-01This submission is the final filingNo
2010-07-01This return/report is a short plan year return/report (less than 12 months)No
2010-07-01Plan is a collectively bargained planNo
2010-07-01Plan funding arrangement – InsuranceYes
2010-07-01Plan benefit arrangement – InsuranceYes
2009: 403(B) THRIFT PLAN OF L.K.L.P. COMMUNITY ACTION COUNCIL, INC. 2009 form 5500 responses
2009-07-01Type of plan entitySingle employer plan
2009-07-01Submission has been amendedNo
2009-07-01This submission is the final filingNo
2009-07-01This return/report is a short plan year return/report (less than 12 months)No
2009-07-01Plan is a collectively bargained planNo
2009-07-01Plan funding arrangement – InsuranceYes
2009-07-01Plan benefit arrangement – InsuranceYes

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