401k Plan data: LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN plan

LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN 401k Plan overview

Plan Name	LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN
Plan identification number	501

LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN Benefits

401k Plan Type	Welfare Benefit
Plan Features/Benefits	Life insurance Long-term disability cover Death benefits (include travel accident but not life insurance) Unfunded, fully insured, or combination unfunded/insured welfare plan that will not file a Form 5500 for next plan year pursuant to 29 CFR 2520.104-20.

401k Sponsoring company profile

LAPMASTER INTERNATIONAL, LLC has sponsored the creation of one or more 401k plans.

Company Name: LAPMASTER INTERNATIONAL, LLC

Employer identification number (EIN): 200183843

NAIC Classification: 333510

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
501 2020-10-01
501 2019-10-01

Plan Statistics for LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN

401k plan membership statisitcs for LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN

Measure Date Value
2020: LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN 2020 401k membership
Total participants, beginning-of-year 2020-10-01 108
Total number of active participants reported on line 7a of the Form 5500 2020-10-01 99
Number of retired or separated participants receiving benefits 2020-10-01 0
Total of all active and inactive participants 2020-10-01 99
2019: LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN 2019 401k membership
Total participants, beginning-of-year 2019-10-01 102
Total number of active participants reported on line 7a of the Form 5500 2019-10-01 109
Number of retired or separated participants receiving benefits 2019-10-01 0
Total of all active and inactive participants 2019-10-01 109

Measure	Date	Value
2020: LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN 2020 401k membership
Total participants, beginning-of-year	2020-10-01	108
Total number of active participants reported on line 7a of the Form 5500	2020-10-01	99
Number of retired or separated participants receiving benefits	2020-10-01	0
Total of all active and inactive participants	2020-10-01	99
2019: LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN 2019 401k membership
Total participants, beginning-of-year	2019-10-01	102
Total number of active participants reported on line 7a of the Form 5500	2019-10-01	109
Number of retired or separated participants receiving benefits	2019-10-01	0
Total of all active and inactive participants	2019-10-01	109

Form 5500 Responses for LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN

2020: LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN 2020 form 5500 responses
2020-10-01	Type of plan entity	Single employer plan
2020-10-01	Submission has been amended	No
2020-10-01	This submission is the final filing	No
2020-10-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-10-01	Plan is a collectively bargained plan	No
2020-10-01	Plan funding arrangement – Insurance	Yes
2020-10-01	Plan benefit arrangement – Insurance	Yes
2019: LAPMASTER INTERNATIONAL EMPLOYEE BENEFITS PLAN 2019 form 5500 responses
2019-10-01	Type of plan entity	Single employer plan
2019-10-01	First time form 5500 has been submitted	Yes
2019-10-01	Submission has been amended	No
2019-10-01	This submission is the final filing	No
2019-10-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-10-01	Plan is a collectively bargained plan	No
2019-10-01	Plan funding arrangement – Insurance	Yes
2019-10-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )

Policy contract number

TS05990085

Policy instance

Insurance contract or identification number	TS05990085
Number of Individuals Covered	99
Insurance policy start date	2020-10-01
Insurance policy end date	2021-09-30
Total amount of commissions paid to insurance broker	USD $8,525
Total amount of fees paid to insurance company	USD $1,178
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	Yes
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	Yes
Unemployment Insurance Welfare Benefit	No
Other welfare benefits provided	ACCIDENTAL DEATH & DISMEMBERMENT
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Welfare Benefit Premiums Paid to Carrier	USD $51,324
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $5,946
Insurance broker organization code?	3
Amount paid for insurance broker fees	1178
Additional information about fees paid to insurance broker	SUPPLEMENTAL COMPENSATION

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Company Name:	LAPMASTER INTERNATIONAL, LLC
Employer identification number (EIN):	200183843
NAIC Classification:	333510