?>
Logo

RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC. 401k Plan overview

Plan NameRETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC.
Plan identification number 002

RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC. Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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

LOVE'S BAKERY HOLDING COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name:LOVE'S BAKERY HOLDING COMPANY, INC.
Employer identification number (EIN):862298964
NAIC Classification:533110
NAIC Description:Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01DARYCE HAMAMOTO2023-10-06 DARYCE HAMAMOTO2023-10-06
0022021-01-01DARYCE HAMAMOTO2022-10-10 DARYCE HAMAMOTO2022-10-10

Plan Statistics for RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC.

401k plan membership statisitcs for RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC.

Measure Date Value
2022: RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC. 2022 401k membership
Market value of plan assets2022-12-3110,705,005
Acturial value of plan assets2022-12-3110,705,005
Funding target for retired participants and beneficiaries receiving payment2022-12-314,296,805
Number of terminated vested participants2022-12-31134
Fundng target for terminated vested participants2022-12-313,868,998
Active participant vested funding target2022-12-310
Number of active participants2022-12-310
Total funding liabilities for active participants2022-12-310
Total participant count2022-12-31263
Total funding target for all participants2022-12-318,165,803
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-311,289,654
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-311,289,654
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-311,442,865
Total employer contributions2022-12-31200,000
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-31186,074
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31132,262
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-31186,074
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-01263
Total number of active participants reported on line 7a of the Form 55002022-01-010
Number of retired or separated participants receiving benefits2022-01-01109
Number of other retired or separated participants entitled to future benefits2022-01-01122
Total of all active and inactive participants2022-01-01231
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-0127
Total participants2022-01-01258
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC. 2021 401k membership
Market value of plan assets2021-12-3110,057,595
Acturial value of plan assets2021-12-3110,057,595
Funding target for retired participants and beneficiaries receiving payment2021-12-313,524,062
Number of terminated vested participants2021-12-3195
Fundng target for terminated vested participants2021-12-312,236,077
Active participant vested funding target2021-12-312,259,889
Number of active participants2021-12-3156
Total funding liabilities for active participants2021-12-312,259,889
Total participant count2021-12-31273
Total funding target for all participants2021-12-318,020,028
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31951,396
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31951,396
Present value of excess contributions2021-12-31236,056
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31248,827
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-31248,827
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-311,289,654
Total employer contributions2021-12-310
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-3161,609
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-01273
Total number of active participants reported on line 7a of the Form 55002021-01-010
Number of retired or separated participants receiving benefits2021-01-01107
Number of other retired or separated participants entitled to future benefits2021-01-01132
Total of all active and inactive participants2021-01-01239
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0124
Total participants2021-01-01263
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010

Financial Data on RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC.

Measure Date Value
2022 : RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC. 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-1,366,179
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$586,652
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$427,362
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$200,000
Value of total assets at end of year2022-12-31$8,750,078
Value of total assets at beginning of year2022-12-31$10,702,909
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$159,290
Total interest from all sources2022-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$223,497
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$223,497
Administrative expenses professional fees incurred2022-12-31$82,084
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Administrative expenses (other) incurred2022-12-31$39,820
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,952,831
Value of net assets at end of year (total assets less liabilities)2022-12-31$8,750,078
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$10,702,909
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
Investment advisory and management fees2022-12-31$37,386
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$8,364,240
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$10,625,002
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$185,838
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$77,907
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$77,907
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,789,676
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31Yes
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$200,000
Employer contributions (assets) at end of year2022-12-31$200,000
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$427,362
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 name2022-12-31NEITZEL, LUKE AND SALOPEK, INC.
Accountancy firm EIN2022-12-31341316056
2021 : RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC. 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$1,203,863
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$558,548
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$384,662
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$0
Value of total assets at end of year2021-12-31$10,702,909
Value of total assets at beginning of year2021-12-31$10,057,594
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$173,886
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$231,729
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$231,729
Administrative expenses professional fees incurred2021-12-31$97,088
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Administrative expenses (other) incurred2021-12-31$35,175
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$645,315
Value of net assets at end of year (total assets less liabilities)2021-12-31$10,702,909
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$10,057,594
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
Investment advisory and management fees2021-12-31$41,623
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$10,625,002
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$9,961,348
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$77,907
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$96,246
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$96,246
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$972,134
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31Yes
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$384,662
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 plan2021-12-31Disclaimer
Accountancy firm name2021-12-31NEITZEL, LUKE AND SALOPEK, INC.
Accountancy firm EIN2021-12-31341316056

Form 5500 Responses for RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC.

2022: RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC. 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: RETIREMENT PLAN FOR HOURLY EMPLOYEES OF LOVE'S BAKERY, INC. 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3