401k Plan data: LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN plan

LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN
Plan identification number	002

LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Plan covering Self-Employed individuals.

401k Sponsoring company profile

LAKE CHARLES PILOTS, INC. has sponsored the creation of one or more 401k plans.

Company Name: LAKE CHARLES PILOTS, INC.

Employer identification number (EIN): 720972906

NAIC Classification: 488300
NAIC Description: Support Activities for Water Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01
002 2022-01-01
002 2021-01-01

Plan Statistics for LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN

401k plan membership statisitcs for LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN

Measure Date Value
2025: LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN 2025 401k membership
Total number of particpants at beginning of year 2025-07-28 41
Total number of particpants at end of year 2025-07-28 42
2024: LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-07-17 40
Total number of particpants at end of year 2024-07-17 41
2022: LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 1,202,297
Acturial value of plan assets 2022-12-31 1,218,829
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 1
Fundng target for terminated vested participants 2022-12-31 4,696
Active participant vested funding target 2022-12-31 821,469
Number of active participants 2022-12-31 39
Total funding liabilities for active participants 2022-12-31 881,439
Total participant count 2022-12-31 40
Total funding target for all participants 2022-12-31 886,135
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 0
Present value of excess contributions 2022-12-31 369,739
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 390,666
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 169,234
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 169,234
Total employer contributions 2022-12-31 933,703
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 896,573
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 951,676
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 788,216
Additional cash requirement 2022-12-31 788,216
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 896,573
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 9
Acturial value of plan assets 2021-12-31 0
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 0
Fundng target for terminated vested participants 2021-12-31 0
Active participant vested funding target 2021-12-31 0
Number of active participants 2021-12-31 39
Total funding liabilities for active participants 2021-12-31 0
Total participant count 2021-12-31 39
Total funding target for all participants 2021-12-31 0
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 0
Present value of excess contributions 2021-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 0
Total employer contributions 2021-12-31 1,210,749
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 1,137,922
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 828,183
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 828,183
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 828,183
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 1,137,922
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0

Measure	Date	Value
2025: LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN 2025 401k membership
Total number of particpants at beginning of year	2025-07-28	41
Total number of particpants at end of year	2025-07-28	42
2024: LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-07-17	40
Total number of particpants at end of year	2024-07-17	41
2022: LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	1,202,297
Acturial value of plan assets	2022-12-31	1,218,829
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	1
Fundng target for terminated vested participants	2022-12-31	4,696
Active participant vested funding target	2022-12-31	821,469
Number of active participants	2022-12-31	39
Total funding liabilities for active participants	2022-12-31	881,439
Total participant count	2022-12-31	40
Total funding target for all participants	2022-12-31	886,135
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	0
Present value of excess contributions	2022-12-31	369,739
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	390,666
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	169,234
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	169,234
Total employer contributions	2022-12-31	933,703
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	896,573
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	951,676
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	788,216
Additional cash requirement	2022-12-31	788,216
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	896,573
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	9
Acturial value of plan assets	2021-12-31	0
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	0
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	0
Number of active participants	2021-12-31	39
Total funding liabilities for active participants	2021-12-31	0
Total participant count	2021-12-31	39
Total funding target for all participants	2021-12-31	0
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	0
Total employer contributions	2021-12-31	1,210,749
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	1,137,922
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	828,183
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	828,183
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	828,183
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	1,137,922
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0

Financial Data on LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN

Measure	Date	Value
2025 : LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN 2025 401k financial data
Total liabilities as of the end of the plan year	2025-07-28	0
Total liabilities as of the beginning of the plan year	2025-07-28	0
Total expenses incurred by plan in this plan year	2025-07-28	54344
Net assets as of the end of the plan year	2025-07-28	5539300
Total assets as of the beginning of the plan year	2025-07-28	3679843
Value of plan covered by a fidelity bond	2025-07-28	650000
Other expenses paid from plan in this plan year	2025-07-28	35338
Other income to plan in this plan year	2025-07-28	323801
Plan net income in this plan year	2025-07-28	1859457
Net assets as of the end of the plan year	2025-07-28	5539300
Net assets as of the beginning of the plan year	2025-07-28	3679843
Employer contributions to plan in this plan year	2025-07-28	1590000
2024 : LAKE CHARLES PILOTS, INC. DEFINED BENEFIT PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-07-17	38262
Net assets as of the end of the plan year	2024-07-17	3679843
Total assets as of the beginning of the plan year	2024-07-17	2123122
Value of plan covered by a fidelity bond	2024-07-17	650000
Other expenses paid from plan in this plan year	2024-07-17	25518
Other income to plan in this plan year	2024-07-17	214983
Plan net income in this plan year	2024-07-17	1556721
Net assets as of the end of the plan year	2024-07-17	3679843
Net assets as of the beginning of the plan year	2024-07-17	2123122
Employer contributions to plan in this plan year	2024-07-17	1380000

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Company Name:	LAKE CHARLES PILOTS, INC.
Employer identification number (EIN):	720972906
NAIC Classification:	488300
NAIC Description:	Support Activities for Water Transportation