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THE BEAUTY LOUNGE LLC 401(K) PLAN 401k Plan overview

Plan NameTHE BEAUTY LOUNGE LLC 401(K) PLAN
Plan identification number 001

THE BEAUTY LOUNGE LLC 401(K) PLAN 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

THE BEAUTY LOUNGE LLC has sponsored the creation of one or more 401k plans.

Company Name:THE BEAUTY LOUNGE LLC
Employer identification number (EIN):833263424
NAIC Classification:812112
NAIC Description:Beauty Salons

Additional information about THE BEAUTY LOUNGE LLC

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2019-01-22
Company Identification Number: 0803216098
Legal Registered Office Address: 207 HERMINE BLVD

SAN ANTONIO
United States of America (USA)
78212

More information about THE BEAUTY LOUNGE LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE BEAUTY LOUNGE LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01QIAN LIU2024-05-15
0012022-01-01CHRISTINE RIMER2023-05-27
0012021-01-01CHRISTINE RIMER2022-05-31

Plan Statistics for THE BEAUTY LOUNGE LLC 401(K) PLAN

401k plan membership statisitcs for THE BEAUTY LOUNGE LLC 401(K) PLAN

Measure Date Value
2025: THE BEAUTY LOUNGE LLC 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-04-154
Total number of particpants at end of year2025-04-154
Number of Participants With Account Balances2025-04-152
2024: THE BEAUTY LOUNGE LLC 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-154
Total number of particpants at end of year2024-05-154
Number of Participants With Account Balances2024-05-152
2022: THE BEAUTY LOUNGE LLC 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-05-310
Total number of particpants at end of year2022-05-314
Number of Participants With Account Balances2022-05-312

Financial Data on THE BEAUTY LOUNGE LLC 401(K) PLAN

Measure Date Value
2025 : THE BEAUTY LOUNGE LLC 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-150
Total liabilities as of the end of the plan year2025-04-150
Total liabilities as of the beginning of the plan year2025-04-150
Total expenses incurred by plan in this plan year2025-04-1556
Net assets as of the end of the plan year2025-04-154720
Total assets as of the beginning of the plan year2025-04-154197
Value of plan covered by a fidelity bond2025-04-15917471694
Participant contributions to plan in this plan year2025-04-150
Other expenses paid from plan in this plan year2025-04-150
Other contributions to plan in this plan year2025-04-150
Other income to plan in this plan year2025-04-15579
Plan net income in this plan year2025-04-15523
Net assets as of the end of the plan year2025-04-154720
Net assets as of the beginning of the plan year2025-04-154197
Value of contributions failed to transmitted timely2025-04-150
Employer contributions to plan in this plan year2025-04-150
Fees paid to broker by Benefit Provider2025-04-150
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-1556
2024 : THE BEAUTY LOUNGE LLC 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-150
Total liabilities as of the end of the plan year2024-05-150
Total liabilities as of the beginning of the plan year2024-05-150
Total expenses incurred by plan in this plan year2024-05-1554
Net assets as of the end of the plan year2024-05-154197
Total assets as of the beginning of the plan year2024-05-153590
Value of plan covered by a fidelity bond2024-05-15705050000
Participant contributions to plan in this plan year2024-05-150
Other expenses paid from plan in this plan year2024-05-150
Other contributions to plan in this plan year2024-05-150
Other income to plan in this plan year2024-05-15661
Plan net income in this plan year2024-05-15607
Net assets as of the end of the plan year2024-05-154197
Net assets as of the beginning of the plan year2024-05-153590
Value of contributions failed to transmitted timely2024-05-150
Employer contributions to plan in this plan year2024-05-150
Fees paid to broker by Benefit Provider2024-05-150
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-1554
2022 : THE BEAUTY LOUNGE LLC 401(K) PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-05-310
Total liabilities as of the end of the plan year2022-05-310
Total liabilities as of the beginning of the plan year2022-05-310
Total expenses incurred by plan in this plan year2022-05-31919
Net assets as of the end of the plan year2022-05-313437
Total assets as of the beginning of the plan year2022-05-310
Value of plan covered by a fidelity bond2022-05-31336000000
Participant contributions to plan in this plan year2022-05-312291
Other expenses paid from plan in this plan year2022-05-310
Other contributions to plan in this plan year2022-05-310
Other income to plan in this plan year2022-05-31187
Plan net income in this plan year2022-05-313437
Net assets as of the end of the plan year2022-05-313437
Net assets as of the beginning of the plan year2022-05-310
Value of contributions failed to transmitted timely2022-05-310
Employer contributions to plan in this plan year2022-05-311878
Fees paid to broker by Benefit Provider2022-05-310
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-3117

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