401k Plan data: LESSERT ENTERPRISES, INC. 401(K) PLAN plan

LESSERT ENTERPRISES, INC. 401(K) PLAN 401k Plan overview

Plan Name	LESSERT ENTERPRISES, INC. 401(K) PLAN
Plan identification number	001

LESSERT ENTERPRISES, INC. 401(K) PLAN Benefits

401k Plan Type

Defined 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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

LESSERT ENTERPRISES, INC. has sponsored the creation of one or more 401k plans.

Company Name: LESSERT ENTERPRISES, INC.

Employer identification number (EIN): 271234495

NAIC Classification: 722511
NAIC Description: Full-Service Restaurants

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LESSERT ENTERPRISES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 WADE LESSERT 2023-07-10
001 2021-01-01 WADE LESSERT 2022-07-21
001 2020-01-01 WADE LESSERT 2021-09-17
001 2019-01-01 WADE LESSERT 2020-08-11
001 2018-01-01 WADE LESSERT 2019-09-30
001 2017-01-01 WADE LESSERT 2018-10-10
001 2016-01-01
001 2015-01-01 WADE LESSERT
001 2014-01-01 WADE LESSERT
001 2013-01-01 WADE LESSERT
001 2012-01-01 WADE LESSERT
001 2011-01-01 WADE LESSERT

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	WADE LESSERT	2023-07-10
001	2021-01-01	WADE LESSERT	2022-07-21
001	2020-01-01	WADE LESSERT	2021-09-17
001	2019-01-01	WADE LESSERT	2020-08-11
001	2018-01-01	WADE LESSERT	2019-09-30
001	2017-01-01	WADE LESSERT	2018-10-10
001	2016-01-01
001	2015-01-01	WADE LESSERT
001	2014-01-01	WADE LESSERT
001	2013-01-01	WADE LESSERT
001	2012-01-01	WADE LESSERT
001	2011-01-01	WADE LESSERT

Plan Statistics for LESSERT ENTERPRISES, INC. 401(K) PLAN

401k plan membership statisitcs for LESSERT ENTERPRISES, INC. 401(K) PLAN

Measure Date Value
2015: LESSERT ENTERPRISES, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 21
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 3
Total of all active and inactive participants 2015-01-01 24
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 24
Number of participants with account balances 2015-01-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: LESSERT ENTERPRISES, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 30
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 28
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 2
Total of all active and inactive participants 2014-01-01 30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 30
Number of participants with account balances 2014-01-01 12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: LESSERT ENTERPRISES, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 33
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 28
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 1
Total of all active and inactive participants 2013-01-01 29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 29
Number of participants with account balances 2013-01-01 12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: LESSERT ENTERPRISES, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 31
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 1
Total of all active and inactive participants 2012-01-01 32
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 32
Number of participants with account balances 2012-01-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: LESSERT ENTERPRISES, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 31
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 29
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 1
Total of all active and inactive participants 2011-01-01 30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 30
Number of participants with account balances 2011-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2015: LESSERT ENTERPRISES, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	21
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	3
Total of all active and inactive participants	2015-01-01	24
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	24
Number of participants with account balances	2015-01-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: LESSERT ENTERPRISES, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	30
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	28
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	2
Total of all active and inactive participants	2014-01-01	30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	30
Number of participants with account balances	2014-01-01	12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: LESSERT ENTERPRISES, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	33
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	28
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	1
Total of all active and inactive participants	2013-01-01	29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	29
Number of participants with account balances	2013-01-01	12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: LESSERT ENTERPRISES, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	31
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	1
Total of all active and inactive participants	2012-01-01	32
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	32
Number of participants with account balances	2012-01-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: LESSERT ENTERPRISES, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	31
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	29
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	1
Total of all active and inactive participants	2011-01-01	30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	30
Number of participants with account balances	2011-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on LESSERT ENTERPRISES, INC. 401(K) PLAN

Measure	Date	Value
2015 : LESSERT ENTERPRISES, INC. 401(K) PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$38,325
Expenses. Total of all expenses incurred	2015-12-31	$13,823
Benefits paid (including direct rollovers)	2015-12-31	$12,903
Total plan assets at end of year	2015-12-31	$321,857
Total plan assets at beginning of year	2015-12-31	$297,355
Value of fidelity bond covering the plan	2015-12-31	$50,000
Total contributions received or receivable from participants	2015-12-31	$40,493
Other income received	2015-12-31	$-10,961
Net income (gross income less expenses)	2015-12-31	$24,502
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$321,857
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$297,355
Assets. Value of participant loans	2015-12-31	$88,332
Total contributions received or receivable from employer(s)	2015-12-31	$8,793
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$920
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : LESSERT ENTERPRISES, INC. 401(K) PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$61,284
Expenses. Total of all expenses incurred	2014-12-31	$0
Total plan assets at end of year	2014-12-31	$297,355
Total plan assets at beginning of year	2014-12-31	$236,071
Value of fidelity bond covering the plan	2014-12-31	$50,000
Total contributions received or receivable from participants	2014-12-31	$41,426
Other income received	2014-12-31	$10,923
Net income (gross income less expenses)	2014-12-31	$61,284
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$297,355
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$236,071
Assets. Value of participant loans	2014-12-31	$1,298
Total contributions received or receivable from employer(s)	2014-12-31	$8,935
2013 : LESSERT ENTERPRISES, INC. 401(K) PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$93,136
Expenses. Total of all expenses incurred	2013-12-31	$15,026
Benefits paid (including direct rollovers)	2013-12-31	$14,446
Total plan assets at end of year	2013-12-31	$236,071
Total plan assets at beginning of year	2013-12-31	$157,961
Total contributions received or receivable from participants	2013-12-31	$42,863
Expenses. Other expenses not covered elsewhere	2013-12-31	$580
Other income received	2013-12-31	$38,683
Net income (gross income less expenses)	2013-12-31	$78,110
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$236,071
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$157,961
Assets. Value of participant loans	2013-12-31	$2,347
Total contributions received or receivable from employer(s)	2013-12-31	$11,590
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : LESSERT ENTERPRISES, INC. 401(K) PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$70,982
Expenses. Total of all expenses incurred	2012-12-31	$6,853
Benefits paid (including direct rollovers)	2012-12-31	$5,873
Total plan assets at end of year	2012-12-31	$157,961
Total plan assets at beginning of year	2012-12-31	$93,832
Total contributions received or receivable from participants	2012-12-31	$42,147
Expenses. Other expenses not covered elsewhere	2012-12-31	$980
Other income received	2012-12-31	$17,916
Net income (gross income less expenses)	2012-12-31	$64,129
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$157,961
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$93,832
Assets. Value of participant loans	2012-12-31	$3,081
Total contributions received or receivable from employer(s)	2012-12-31	$10,919
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : LESSERT ENTERPRISES, INC. 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$58,003
Expenses. Total of all expenses incurred	2011-12-31	$3,249
Benefits paid (including direct rollovers)	2011-12-31	$3,009
Total plan assets at end of year	2011-12-31	$93,832
Total plan assets at beginning of year	2011-12-31	$39,078
Total contributions received or receivable from participants	2011-12-31	$47,902
Expenses. Other expenses not covered elsewhere	2011-12-31	$240
Other income received	2011-12-31	$-5,500
Net income (gross income less expenses)	2011-12-31	$54,754
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$93,832
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$39,078
Total contributions received or receivable from employer(s)	2011-12-31	$15,601
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : LESSERT ENTERPRISES, INC. 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$39,078
Expenses. Total of all expenses incurred	2010-12-31	$0
Total plan assets at end of year	2010-12-31	$39,078
Total plan assets at beginning of year	2010-12-31	$0
Total contributions received or receivable from participants	2010-12-31	$35,961
Net income (gross income less expenses)	2010-12-31	$39,078
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$39,078
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$0
Total contributions received or receivable from employer(s)	2010-12-31	$3,117

Form 5500 Responses for LESSERT ENTERPRISES, INC. 401(K) PLAN

2015: LESSERT ENTERPRISES, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: LESSERT ENTERPRISES, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: LESSERT ENTERPRISES, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: LESSERT ENTERPRISES, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: LESSERT ENTERPRISES, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	LESSERT ENTERPRISES, INC.
Employer identification number (EIN):	271234495
NAIC Classification:	722511
NAIC Description:	Full-Service Restaurants