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L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 401k Plan overview

Plan NameL. A. HEARNE COMPANY 401(K) PLAN AND TRUST
Plan identification number 001

L. A. HEARNE COMPANY 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.
  • 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

L. A. HEARNE COMPANY has sponsored the creation of one or more 401k plans.

Company Name:L. A. HEARNE COMPANY
Employer identification number (EIN):941572509
NAIC Classification:424500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan L. A. HEARNE COMPANY 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012023-01-01IRENE AVILA
0012022-01-01
0012022-01-01IRENE AVILA
0012021-01-01
0012021-01-01IRENE AVILA
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01WILLIAM A CROCKETT
0012016-01-01WILLIAM A CROCKETT
0012015-01-01WILLIAM A CROCKETT
0012014-01-01WILLIAM A CROCKETT
0012013-01-01WILLIAM CROCKETT2014-06-12
0012012-01-01WILLIAM CROCKETT2013-07-26
0012011-01-01WILLIAM CROCKETT2012-10-05
0012010-01-01WILLIAM CROCKETT2011-07-06

Financial Data on L. A. HEARNE COMPANY 401(K) PLAN AND TRUST

Measure Date Value
2025 : L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-07-170
Total expenses incurred by plan in this plan year2025-07-17629162
Net assets as of the end of the plan year2025-07-179897316
Total assets as of the beginning of the plan year2025-07-178593004
Value of plan covered by a fidelity bond2025-07-17500000
Participant contributions to plan in this plan year2025-07-17380989
Value of participant loans at end of plan year2025-07-17152158
Other contributions to plan in this plan year2025-07-174264
Other income to plan in this plan year2025-07-171401506
Plan net income in this plan year2025-07-171304312
Net assets as of the end of the plan year2025-07-179897316
Net assets as of the beginning of the plan year2025-07-178593004
Employer contributions to plan in this plan year2025-07-17146715
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-1750141
2023 : L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$1,880,917
Expenses. Total of all expenses incurred2023-12-31$382,884
Benefits paid (including direct rollovers)2023-12-31$309,965
Total plan assets at end of year2023-12-31$8,593,004
Total plan assets at beginning of year2023-12-31$7,094,971
Value of fidelity bond covering the plan2023-12-31$500,000
Total contributions received or receivable from participants2023-12-31$395,382
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$55,624
Other income received2023-12-31$1,298,714
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$1,498,033
Net plan assets at end of year (total assets less liabilities)2023-12-31$8,593,004
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$7,094,971
Assets. Value of participant loans2023-12-31$191,947
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022023-12-31$100
Total contributions received or receivable from employer(s)2023-12-31$131,197
Value of certain deemed distributions of participant loans2023-12-31$14,730
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$58,189
2022 : L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-978,812
Expenses. Total of all expenses incurred2022-12-31$592,865
Benefits paid (including direct rollovers)2022-12-31$534,562
Total plan assets at end of year2022-12-31$7,094,971
Total plan assets at beginning of year2022-12-31$8,666,648
Value of fidelity bond covering the plan2022-12-31$500,000
Total contributions received or receivable from participants2022-12-31$331,878
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-1,448,126
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-1,571,677
Net plan assets at end of year (total assets less liabilities)2022-12-31$7,094,971
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$8,666,648
Assets. Value of participant loans2022-12-31$127,747
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022022-12-31$100
Total contributions received or receivable from employer(s)2022-12-31$137,436
Value of certain deemed distributions of participant loans2022-12-31$4,920
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$53,383
2021 : L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$1,650,450
Expenses. Total of all expenses incurred2021-12-31$749,317
Benefits paid (including direct rollovers)2021-12-31$656,253
Total plan assets at end of year2021-12-31$8,666,648
Total plan assets at beginning of year2021-12-31$7,765,515
Value of fidelity bond covering the plan2021-12-31$500,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$336,369
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$1,173,800
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$901,133
Net plan assets at end of year (total assets less liabilities)2021-12-31$8,666,648
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$7,765,515
Assets. Value of participant loans2021-12-31$115,380
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$140,281
Value of certain deemed distributions of participant loans2021-12-31$33,802
Value of corrective distributions2021-12-31$2,302
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$56,960
2020 : L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$1,454,556
Expenses. Total of all expenses incurred2020-12-31$188,079
Benefits paid (including direct rollovers)2020-12-31$145,328
Total plan assets at end of year2020-12-31$7,765,515
Total plan assets at beginning of year2020-12-31$6,499,038
Value of fidelity bond covering the plan2020-12-31$500,000
Total contributions received or receivable from participants2020-12-31$290,487
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$1,056,123
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$1,266,477
Net plan assets at end of year (total assets less liabilities)2020-12-31$7,765,515
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$6,499,038
Assets. Value of participant loans2020-12-31$137,755
Total contributions received or receivable from employer(s)2020-12-31$107,946
Value of certain deemed distributions of participant loans2020-12-31$-5,538
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$48,289
2019 : L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$1,599,606
Expenses. Total of all expenses incurred2019-12-31$256,319
Benefits paid (including direct rollovers)2019-12-31$197,039
Total plan assets at end of year2019-12-31$6,499,038
Total plan assets at beginning of year2019-12-31$5,155,751
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$264,552
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$1,232,645
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$1,343,287
Net plan assets at end of year (total assets less liabilities)2019-12-31$6,499,038
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$5,155,751
Assets. Value of participant loans2019-12-31$140,948
Total contributions received or receivable from employer(s)2019-12-31$102,409
Value of certain deemed distributions of participant loans2019-12-31$17,777
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$41,503
2018 : L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$-148,268
Expenses. Total of all expenses incurred2018-12-31$101,926
Benefits paid (including direct rollovers)2018-12-31$62,418
Total plan assets at end of year2018-12-31$5,155,751
Total plan assets at beginning of year2018-12-31$5,405,945
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$251,115
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-485,390
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-250,194
Net plan assets at end of year (total assets less liabilities)2018-12-31$5,155,751
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$5,405,945
Assets. Value of participant loans2018-12-31$170,485
Total contributions received or receivable from employer(s)2018-12-31$86,007
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$39,508
2017 : L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$1,101,853
Expenses. Total of all expenses incurred2017-12-31$87,394
Benefits paid (including direct rollovers)2017-12-31$57,013
Total plan assets at end of year2017-12-31$5,405,945
Total plan assets at beginning of year2017-12-31$4,391,486
Value of fidelity bond covering the plan2017-12-31$500,000
Total contributions received or receivable from participants2017-12-31$245,337
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$772,367
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$1,014,459
Net plan assets at end of year (total assets less liabilities)2017-12-31$5,405,945
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$4,391,486
Assets. Value of participant loans2017-12-31$163,820
Total contributions received or receivable from employer(s)2017-12-31$84,149
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$30,381
2016 : L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$605,507
Expenses. Total of all expenses incurred2016-12-31$565,035
Benefits paid (including direct rollovers)2016-12-31$521,964
Total plan assets at end of year2016-12-31$4,391,486
Total plan assets at beginning of year2016-12-31$4,351,014
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$261,322
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$257,793
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$40,472
Net plan assets at end of year (total assets less liabilities)2016-12-31$4,391,486
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$4,351,014
Assets. Value of participant loans2016-12-31$155,024
Total contributions received or receivable from employer(s)2016-12-31$86,392
Value of certain deemed distributions of participant loans2016-12-31$15,554
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$27,517
2015 : L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$347,101
Expenses. Total of all expenses incurred2015-12-31$116,429
Benefits paid (including direct rollovers)2015-12-31$92,440
Total plan assets at end of year2015-12-31$4,351,014
Total plan assets at beginning of year2015-12-31$4,120,342
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$225,229
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$772
Other income received2015-12-31$31,910
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$230,672
Net plan assets at end of year (total assets less liabilities)2015-12-31$4,351,014
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$4,120,342
Assets. Value of participant loans2015-12-31$144,906
Total contributions received or receivable from employer(s)2015-12-31$89,190
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$23,989
2014 : L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$597,192
Expenses. Total of all expenses incurred2014-12-31$528,024
Benefits paid (including direct rollovers)2014-12-31$494,876
Total plan assets at end of year2014-12-31$4,120,342
Total plan assets at beginning of year2014-12-31$4,051,174
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$206,894
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$304,393
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$69,168
Net plan assets at end of year (total assets less liabilities)2014-12-31$4,120,342
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$4,051,174
Assets. Value of participant loans2014-12-31$152,551
Total contributions received or receivable from employer(s)2014-12-31$85,905
Value of certain deemed distributions of participant loans2014-12-31$17,706
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$15,442

Form 5500 Responses for L. A. HEARNE COMPANY 401(K) PLAN AND TRUST

2023: L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01Plan is a collectively bargained planYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: L. A. HEARNE COMPANY 401(K) PLAN AND TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number91760
Policy instance 1

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