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401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 401k Plan overview

Plan Name401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC.
Plan identification number 001

401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 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.
  • 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

GLOBE CONSTRUCTION CO. has sponsored the creation of one or more 401k plans.

Company Name:GLOBE CONSTRUCTION CO.
Employer identification number (EIN):730675292
NAIC Classification:236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TAYLOR MAYES2024-04-30
0012022-01-01TAYLOR MAYES2023-04-24
0012021-01-01TAYLOR MAYES2022-03-24
0012020-01-01TOLLY PAYNE2021-04-09
0012019-01-01TOLLY PAYNE2020-03-19
0012018-01-01TOLLY PAYNE2019-04-09
0012017-01-01TOLLY PAYNE2018-03-28
0012016-01-01TPLLY PAYNE2017-05-09
0012015-01-01TOLLY PAYNE
0012015-01-01TOLLY PAYNE
0012014-01-01TOLLY PAYNE
0012013-01-01TOLLY PAYNE
0012012-01-01TOLLY PAYNE
0012011-01-01TOLLY PAYNE
0012009-01-01TOLLY PAYNE

Financial Data on 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC.

Measure Date Value
2025 : 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2025 401k financial data
Total expenses incurred by plan in this plan year2025-03-242036848
Net assets as of the end of the plan year2025-03-243254651
Total assets as of the beginning of the plan year2025-03-244741828
Value of plan covered by a fidelity bond2025-03-242000000
Participant contributions to plan in this plan year2025-03-2449201
Value of participant loans at end of plan year2025-03-2439136
Other income to plan in this plan year2025-03-24360777
Plan net income in this plan year2025-03-24-1487177
Net assets as of the end of the plan year2025-03-243254651
Net assets as of the beginning of the plan year2025-03-244741828
Employer contributions to plan in this plan year2025-03-24139693
2024 : 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2024 401k financial data
Net assets as of the end of the plan year2024-04-304741828
Total assets as of the beginning of the plan year2024-04-304065422
Value of plan covered by a fidelity bond2024-04-302000000
Participant contributions to plan in this plan year2024-04-3066353
Value of participant loans at end of plan year2024-04-3055610
Other income to plan in this plan year2024-04-30427059
Plan net income in this plan year2024-04-30676406
Net assets as of the end of the plan year2024-04-304741828
Net assets as of the beginning of the plan year2024-04-304065422
Employer contributions to plan in this plan year2024-04-30182994
2022 : 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2022 401k financial data
Total expenses incurred by plan in this plan year2022-03-240
Net assets as of the end of the plan year2022-03-244246919
Total assets as of the beginning of the plan year2022-03-243689796
Value of plan covered by a fidelity bond2022-03-242000000
Participant contributions to plan in this plan year2022-03-2460700
Value of participant loans at end of plan year2022-03-2470011
Other income to plan in this plan year2022-03-24390569
Plan net income in this plan year2022-03-24557123
Net assets as of the end of the plan year2022-03-244246919
Net assets as of the beginning of the plan year2022-03-243689796
Employer contributions to plan in this plan year2022-03-24105854
Expensese paid to adminstrative service provicers from plan in this plan year2022-03-240
2015 : 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2015 401k financial data
Total income from all sources2015-12-31$129,094
Expenses. Total of all expenses incurred2015-12-31$136,128
Benefits paid (including direct rollovers)2015-12-31$136,128
Total plan assets at end of year2015-12-31$1,866,835
Total plan assets at beginning of year2015-12-31$1,873,869
Value of fidelity bond covering the plan2015-12-31$1,000,000
Total contributions received or receivable from participants2015-12-31$41,549
Other income received2015-12-31$38,127
Net income (gross income less expenses)2015-12-31$-7,034
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,866,835
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,873,869
Assets. Value of participant loans2015-12-31$15,997
Total contributions received or receivable from employer(s)2015-12-31$49,418
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers2015-12-310
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Minimum employer required contribution for this plan year2015-12-31$0
Amount contributed by the employer to the plan for this plan year2015-12-31$0
2014 : 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2014 401k financial data
Total income from all sources2014-12-31$201,679
Total plan assets at end of year2014-12-31$1,873,869
Total plan assets at beginning of year2014-12-31$1,672,190
Value of fidelity bond covering the plan2014-12-31$1,000,000
Total contributions received or receivable from participants2014-12-31$40,782
Other income received2014-12-31$119,619
Net income (gross income less expenses)2014-12-31$201,679
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,873,869
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,672,190
Assets. Value of participant loans2014-12-31$25,003
Total contributions received or receivable from employer(s)2014-12-31$41,278
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers2014-12-310
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$0
Amount contributed by the employer to the plan for this plan year2014-12-31$0
2013 : 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2013 401k financial data
Total income from all sources2013-12-31$400,904
Total plan assets at end of year2013-12-31$1,672,190
Total plan assets at beginning of year2013-12-31$1,271,286
Value of fidelity bond covering the plan2013-12-31$1,000,000
Total contributions received or receivable from participants2013-12-31$43,932
Other income received2013-12-31$343,016
Net income (gross income less expenses)2013-12-31$400,904
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,672,190
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,271,286
Assets. Value of participant loans2013-12-31$33,797
Total contributions received or receivable from employer(s)2013-12-31$13,956
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers2013-12-310
Minimum employer required contribution for this plan year2013-12-31$0
Amount contributed by the employer to the plan for this plan year2013-12-31$0
2012 : 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2012 401k financial data
Total income from all sources2012-12-31$262,322
Total plan assets at end of year2012-12-31$1,271,286
Total plan assets at beginning of year2012-12-31$1,008,964
Value of fidelity bond covering the plan2012-12-31$1,000,000
Total contributions received or receivable from participants2012-12-31$40,736
Other income received2012-12-31$146,835
Net income (gross income less expenses)2012-12-31$262,322
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,271,286
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,008,964
Assets. Value of participant loans2012-12-31$26,323
Total contributions received or receivable from employer(s)2012-12-31$74,751
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers2012-12-310
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
2011 : 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2011 401k financial data
Total income from all sources2011-12-31$73,398
Total plan assets at end of year2011-12-31$1,008,964
Total plan assets at beginning of year2011-12-31$935,566
Value of fidelity bond covering the plan2011-12-31$750,000
Total contributions received or receivable from participants2011-12-31$39,508
Other income received2011-12-31$-31,771
Net income (gross income less expenses)2011-12-31$73,398
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,008,964
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$935,566
Total contributions received or receivable from employer(s)2011-12-31$65,661
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2010 : 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2010 401k financial data
Total income from all sources2010-12-31$195,040
Expenses. Total of all expenses incurred2010-12-31$3,407
Benefits paid (including direct rollovers)2010-12-31$3,407
Total plan assets at end of year2010-12-31$935,566
Total plan assets at beginning of year2010-12-31$743,933
Value of fidelity bond covering the plan2010-12-31$750,000
Total contributions received or receivable from participants2010-12-31$41,936
Other income received2010-12-31$110,805
Net income (gross income less expenses)2010-12-31$191,633
Net plan assets at end of year (total assets less liabilities)2010-12-31$935,566
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$743,933
Total contributions received or receivable from employer(s)2010-12-31$42,299

Form 5500 Responses for 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC.

2015: 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedYes
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: 401K PROFIT SHARING PLAN FOR LIPPERT BROS., INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPH0804
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPH0804
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPH0804
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPH0804
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPH0804
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPH0804
Policy instance 1

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