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THE LENDING COMPANY 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameTHE LENDING COMPANY 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

THE LENDING COMPANY 401 K PROFIT SHARING PLAN 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.
  • 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 LENDING COMPANY has sponsored the creation of one or more 401k plans.

Company Name:THE LENDING COMPANY
Employer identification number (EIN):860806399
NAIC Classification:522300
NAIC Description: Activities Related to Credit Intermediation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE LENDING COMPANY 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012014-01-01SHEILAH PELLETIER SHEILAH PELLETIER2015-10-16
0012014-01-01SHEILAH PELLETIER SHEILAH PELLETIER2015-10-16
0012014-01-01SHEILAH PELLETIER SHEILAH PELLETIER2015-10-15
0012012-01-01MARVELLA ALARID2014-05-15
0012011-01-01MARVELLA ALARID2014-05-15
0012010-01-01THE LENDING COMPANY, INC2011-07-21

Plan Statistics for THE LENDING COMPANY 401 K PROFIT SHARING PLAN TRUST

401k plan membership statisitcs for THE LENDING COMPANY 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2014: THE LENDING COMPANY 401 K PROFIT SHARING PLAN TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-01159
Total number of active participants reported on line 7a of the Form 55002014-01-010
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-010
Number of participants with account balances2014-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010

Financial Data on THE LENDING COMPANY 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2014 : THE LENDING COMPANY 401 K PROFIT SHARING PLAN TRUST 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-10-10$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-10-10$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-10-10$0
Total income from all sources (including contributions)2014-10-10$64,758
Total loss/gain on sale of assets2014-10-10$0
Total of all expenses incurred2014-10-10$803,352
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-10-10$801,342
Expenses. Certain deemed distributions of participant loans2014-10-10$0
Value of total corrective distributions2014-10-10$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-10-10$41,336
Value of total assets at end of year2014-10-10$0
Value of total assets at beginning of year2014-10-10$738,594
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-10-10$2,010
Total interest from all sources2014-10-10$663
Total dividends received (eg from common stock, registered investment company shares)2014-10-10$2,391
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-10-10Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2014-10-10$0
Total dividends received from registered investment company shares (eg mutual funds)2014-10-10$2,391
Assets. Real estate other than employer real property at end of year2014-10-10$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2014-10-10$0
Was this plan covered by a fidelity bond2014-10-10No
If this is an individual account plan, was there a blackout period2014-10-10No
Were there any nonexempt tranactions with any party-in-interest2014-10-10No
Contributions received from participants2014-10-10$41,336
Participant contributions at end of year2014-10-10$0
Participant contributions at beginning of year2014-10-10$48,672
Participant contributions at end of year2014-10-10$0
Assets. Other investments not covered elsewhere at end of year2014-10-10$0
Income. Received or receivable in cash from other sources (including rollovers)2014-10-10$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-10-10$0
Assets. Loans (other than to participants) at end of year2014-10-10$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-10-10$0
Administrative expenses (other) incurred2014-10-10$2,010
Liabilities. Value of operating payables at end of year2014-10-10$0
Total non interest bearing cash at end of year2014-10-10$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-10-10No
Value of net income/loss2014-10-10$-738,594
Value of net assets at end of year (total assets less liabilities)2014-10-10$0
Value of net assets at beginning of year (total assets less liabilities)2014-10-10$738,594
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-10-10No
Were any loans by the plan or fixed income obligations due to the plan in default2014-10-10No
Were any leases to which the plan was party in default or uncollectible2014-10-10No
Assets. partnership/joint venture interests at end of year2014-10-10$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-10-10$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-10-10$663,377
Value of interest in pooled separate accounts at end of year2014-10-10$0
Interest on participant loans2014-10-10$663
Value of interest in master investment trust accounts at end of year2014-10-10$0
Value of interest in common/collective trusts at end of year2014-10-10$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-10-10$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-10-10$26,545
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-10-10$26,545
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-10-10$0
Assets. Value of investments in 103.12 investment entities at end of year2014-10-10$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-10-10$20,368
Net investment gain/loss from pooled separate accounts2014-10-10$0
Net investment gain or loss from common/collective trusts2014-10-10$0
Net gain/loss from 103.12 investment entities2014-10-10$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-10-10No
Was there a failure to transmit to the plan any participant contributions2014-10-10No
Has the plan failed to provide any benefit when due under the plan2014-10-10No
Assets. Invements in employer securities at end of year2014-10-10$0
Assets. Value of employer real property at end of year2014-10-10$0
Contributions received in cash from employer2014-10-10$0
Employer contributions (assets) at end of year2014-10-10$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-10-10$801,342
Asset. Corporate debt instrument preferred debt at end of year2014-10-10$0
Asset. Corporate debt instrument debt (other) at end of year2014-10-10$0
Contract administrator fees2014-10-10$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-10-10No
Assets. Corporate common stocks other than exployer securities at end of year2014-10-10$0
Liabilities. Value of benefit claims payable at end of year2014-10-10$0
Assets. Value of buildings and other operty used in plan operation at end of year2014-10-10$0
Did the plan have assets held for investment2014-10-10No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-10-10No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-10-10No
Liabilities. Value of acquisition indebtedness at end of year2014-10-10$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-10-10No
Opinion of an independent qualified public accountant for this plan2014-10-10Unqualified
Accountancy firm name2014-10-10MANSPERGER PATTERSON & MCMULLIN, PL
Accountancy firm EIN2014-10-10860633950

Form 5500 Responses for THE LENDING COMPANY 401 K PROFIT SHARING PLAN TRUST

2014: THE LENDING COMPANY 401 K PROFIT SHARING PLAN TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedYes
2014-01-01This submission is the final filingYes
2014-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes

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