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LLOYD COMPANIES 401(K) PLAN AND TRUST 401k Plan overview

Plan NameLLOYD COMPANIES 401(K) PLAN AND TRUST
Plan identification number 001

LLOYD COMPANIES 401(K) PLAN AND TRUST 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

LLOYD COMPANIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:LLOYD COMPANIES, INC.
Employer identification number (EIN):832634703
NAIC Classification:531310

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LLOYD COMPANIES 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01

Plan Statistics for LLOYD COMPANIES 401(K) PLAN AND TRUST

401k plan membership statisitcs for LLOYD COMPANIES 401(K) PLAN AND TRUST

Measure Date Value
2022: LLOYD COMPANIES 401(K) PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-01294
Total number of active participants reported on line 7a of the Form 55002022-01-01321
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0158
Total of all active and inactive participants2022-01-01379
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01379
Number of participants with account balances2022-01-01367
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0110
2021: LLOYD COMPANIES 401(K) PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-01223
Total number of active participants reported on line 7a of the Form 55002021-01-01239
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0136
Total of all active and inactive participants2021-01-01275
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01275
Number of participants with account balances2021-01-01261
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-013
2020: LLOYD COMPANIES 401(K) PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-01219
Total number of active participants reported on line 7a of the Form 55002020-01-01192
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0126
Total of all active and inactive participants2020-01-01218
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01218
Number of participants with account balances2020-01-01205
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-016
2019: LLOYD COMPANIES 401(K) PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-01214
Total number of active participants reported on line 7a of the Form 55002019-01-01186
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-0128
Total of all active and inactive participants2019-01-01215
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01215
Number of participants with account balances2019-01-01203
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-016

Financial Data on LLOYD COMPANIES 401(K) PLAN AND TRUST

Measure Date Value
2022 : LLOYD COMPANIES 401(K) PLAN AND TRUST 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$959,705
Total of all expenses incurred2022-12-31$1,018,176
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$990,911
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,850,330
Value of total assets at end of year2022-12-31$11,198,008
Value of total assets at beginning of year2022-12-31$11,256,479
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$27,265
Total interest from all sources2022-12-31$1,422
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$350,987
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$350,987
Administrative expenses professional fees incurred2022-12-31$27,265
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,459,014
Participant contributions at end of year2022-12-31$55,885
Participant contributions at beginning of year2022-12-31$41,133
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$843,059
Total non interest bearing cash at end of year2022-12-31$22
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-58,471
Value of net assets at end of year (total assets less liabilities)2022-12-31$11,198,008
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$11,256,479
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$10,896,463
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$11,041,553
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$201,854
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$157,488
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$157,488
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$1,422
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-2,243,034
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$548,257
Employer contributions (assets) at end of year2022-12-31$43,041
Employer contributions (assets) at beginning of year2022-12-31$16,305
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$990,911
Assets. Corporate common stocks other than exployer securities at end of year2022-12-31$743
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31KETEL THORSTENSON, LLP
Accountancy firm EIN2022-12-31460257538
2021 : LLOYD COMPANIES 401(K) PLAN AND TRUST 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$2,917,209
Total of all expenses incurred2021-12-31$674,882
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$654,003
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,550,642
Value of total assets at end of year2021-12-31$11,256,479
Value of total assets at beginning of year2021-12-31$9,014,152
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$20,879
Total interest from all sources2021-12-31$136
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$527,478
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$527,478
Administrative expenses professional fees incurred2021-12-31$20,879
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,062,623
Participant contributions at end of year2021-12-31$41,133
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$110,567
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,242,327
Value of net assets at end of year (total assets less liabilities)2021-12-31$11,256,479
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$9,014,152
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$11,041,553
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$8,874,052
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$157,488
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$140,100
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$140,100
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$136
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$838,953
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$377,452
Employer contributions (assets) at end of year2021-12-31$16,305
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$654,003
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31PACELINE ACCOUNTING GROUP, LLP
Accountancy firm EIN2021-12-31460446170
2020 : LLOYD COMPANIES 401(K) PLAN AND TRUST 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$2,284,950
Total of all expenses incurred2020-12-31$435,252
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$413,750
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,158,137
Value of total assets at end of year2020-12-31$9,014,152
Value of total assets at beginning of year2020-12-31$7,164,454
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$21,502
Total interest from all sources2020-12-31$269
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$266,648
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$266,648
Administrative expenses professional fees incurred2020-12-31$21,502
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$813,899
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$26,702
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,849,698
Value of net assets at end of year (total assets less liabilities)2020-12-31$9,014,152
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$7,164,454
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$8,874,052
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$7,142,559
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$140,100
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$21,895
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$21,895
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$269
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$859,896
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$317,536
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$413,750
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31THURMAN, COMES, FOLEY & CO., LLP
Accountancy firm EIN2020-12-31460446170
2019 : LLOYD COMPANIES 401(K) PLAN AND TRUST 2019 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$32,932
Total income from all sources (including contributions)2019-12-31$2,603,361
Total of all expenses incurred2019-12-31$251,010
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$229,886
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,402,042
Value of total assets at end of year2019-12-31$7,164,454
Value of total assets at beginning of year2019-12-31$4,845,035
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$21,124
Total interest from all sources2019-12-31$90
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$224,077
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$224,077
Administrative expenses professional fees incurred2019-12-31$21,124
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$694,784
Participant contributions at beginning of year2019-12-31$19,441
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$423,666
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$2,352,351
Value of net assets at end of year (total assets less liabilities)2019-12-31$7,164,454
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$4,812,103
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$7,142,559
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$4,817,456
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$21,895
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$87
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$87
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$90
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$977,152
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$283,592
Employer contributions (assets) at beginning of year2019-12-31$8,051
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$229,886
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$32,932
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31THURMAN, COMES, FOLEY & CO., LLP
Accountancy firm EIN2019-12-31460446170

Form 5500 Responses for LLOYD COMPANIES 401(K) PLAN AND TRUST

2022: LLOYD COMPANIES 401(K) PLAN AND TRUST 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: LLOYD COMPANIES 401(K) PLAN AND TRUST 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: LLOYD COMPANIES 401(K) PLAN AND TRUST 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: LLOYD COMPANIES 401(K) PLAN AND TRUST 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes

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