?>
Logo

LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 401k Plan overview

Plan NameLASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN
Plan identification number 001

LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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

LASER INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:LASER INDUSTRIES, INC.
Employer identification number (EIN):330258313
NAIC Classification:339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01ROBERT KARIM2023-09-15
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01ROBERT KARIM
0012016-01-01ROBERT KARIM
0012015-01-01ROBERT KARIM
0012014-01-01ROBERT KARIM
0012013-01-01ROBERT KARIM
0012012-01-01ROBERT KARIM
0012011-01-01ROBERT KARIM
0012010-01-01ROBERT KARIM
0012009-01-01ROBERT KARIM ROBERT KARIM2010-08-26

Plan Statistics for LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN

401k plan membership statisitcs for LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN

Measure Date Value
2021: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0198
Total number of active participants reported on line 7a of the Form 55002021-01-0152
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0150
Total of all active and inactive participants2021-01-01102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01102
Number of participants with account balances2021-01-01102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01108
Total number of active participants reported on line 7a of the Form 55002020-01-0153
Number of retired or separated participants receiving benefits2020-01-0145
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-0198
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0198
Number of participants with account balances2020-01-0198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-015
2019: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0187
Total number of active participants reported on line 7a of the Form 55002019-01-0174
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0134
Total of all active and inactive participants2019-01-01108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01108
Number of participants with account balances2019-01-01108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-011
2018: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0178
Total number of active participants reported on line 7a of the Form 55002018-01-0161
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0121
Total of all active and inactive participants2018-01-0182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0182
Number of participants with account balances2018-01-0182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-013
2017: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0162
Total number of active participants reported on line 7a of the Form 55002017-01-0155
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0114
Total of all active and inactive participants2017-01-0169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0169
Number of participants with account balances2017-01-0169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-016
2016: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0170
Total number of active participants reported on line 7a of the Form 55002016-01-0157
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-015
Total of all active and inactive participants2016-01-0162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0162
Number of participants with account balances2016-01-0162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-014
2015: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0168
Total number of active participants reported on line 7a of the Form 55002015-01-0159
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0111
Total of all active and inactive participants2015-01-0170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0170
Number of participants with account balances2015-01-0169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-017
2014: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0159
Total number of active participants reported on line 7a of the Form 55002014-01-0154
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0114
Total of all active and inactive participants2014-01-0168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0168
Number of participants with account balances2014-01-0168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-016
2013: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0151
Total number of active participants reported on line 7a of the Form 55002013-01-0144
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0115
Total of all active and inactive participants2013-01-0159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0159
Number of participants with account balances2013-01-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-017
2012: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0147
Total number of active participants reported on line 7a of the Form 55002012-01-0142
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-019
Total of all active and inactive participants2012-01-0151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0151
Number of participants with account balances2012-01-0151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-013
2011: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0135
Total number of active participants reported on line 7a of the Form 55002011-01-0138
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-019
Total of all active and inactive participants2011-01-0147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0147
Number of participants with account balances2011-01-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2010: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0132
Total number of active participants reported on line 7a of the Form 55002010-01-0126
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-019
Total of all active and inactive participants2010-01-0135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0135
Number of participants with account balances2010-01-0135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-012
2009: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0131
Total number of active participants reported on line 7a of the Form 55002009-01-0127
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-015
Total of all active and inactive participants2009-01-0132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0132
Number of participants with account balances2009-01-0132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN

Measure Date Value
2021 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2021 401k financial data
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$302,303
Expenses. Total of all expenses incurred2021-12-31$39,402
Benefits paid (including direct rollovers)2021-12-31$21,741
Total plan assets at end of year2021-12-31$1,478,932
Total plan assets at beginning of year2021-12-31$1,216,031
Value of fidelity bond covering the plan2021-12-31$475,000
Total contributions received or receivable from participants2021-12-31$66,118
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$149,357
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$262,901
Net plan assets at end of year (total assets less liabilities)2021-12-31$1,478,932
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$1,216,031
Assets. Value of participant loans2021-12-31$10,076
Total contributions received or receivable from employer(s)2021-12-31$86,828
Value of certain deemed distributions of participant loans2021-12-31$6,591
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$11,070
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$17
Total income from all sources2020-12-31$325,279
Expenses. Total of all expenses incurred2020-12-31$101,178
Benefits paid (including direct rollovers)2020-12-31$90,942
Total plan assets at end of year2020-12-31$1,216,031
Total plan assets at beginning of year2020-12-31$991,947
Value of fidelity bond covering the plan2020-12-31$475,000
Total contributions received or receivable from participants2020-12-31$86,327
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$7,813
Other income received2020-12-31$138,259
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$224,101
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,216,031
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$991,930
Assets. Value of participant loans2020-12-31$7,399
Total contributions received or receivable from employer(s)2020-12-31$92,880
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$10,236
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2019 401k financial data
Total plan liabilities at end of year2019-12-31$17
Total plan liabilities at beginning of year2019-12-31$14
Total income from all sources2019-12-31$388,552
Expenses. Total of all expenses incurred2019-12-31$48,599
Benefits paid (including direct rollovers)2019-12-31$42,201
Total plan assets at end of year2019-12-31$991,947
Total plan assets at beginning of year2019-12-31$651,991
Value of fidelity bond covering the plan2019-12-31$475,000
Total contributions received or receivable from participants2019-12-31$100,992
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$47,985
Other income received2019-12-31$124,001
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$339,953
Net plan assets at end of year (total assets less liabilities)2019-12-31$991,930
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$651,977
Assets. Value of participant loans2019-12-31$8,737
Total contributions received or receivable from employer(s)2019-12-31$115,574
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$6,398
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2018 401k financial data
Total plan liabilities at end of year2018-12-31$14
Total plan liabilities at beginning of year2018-12-31$205
Total income from all sources2018-12-31$193,125
Expenses. Total of all expenses incurred2018-12-31$83,872
Benefits paid (including direct rollovers)2018-12-31$80,301
Total plan assets at end of year2018-12-31$651,991
Total plan assets at beginning of year2018-12-31$542,929
Value of fidelity bond covering the plan2018-12-31$475,000
Total contributions received or receivable from participants2018-12-31$121,783
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-21,511
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$109,253
Net plan assets at end of year (total assets less liabilities)2018-12-31$651,977
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$542,724
Assets. Value of participant loans2018-12-31$5,732
Total contributions received or receivable from employer(s)2018-12-31$92,853
Value of certain deemed distributions of participant loans2018-12-31$1,060
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$2,511
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2017 401k financial data
Total plan liabilities at end of year2017-12-31$205
Total plan liabilities at beginning of year2017-12-31$720
Total income from all sources2017-12-31$63,630
Expenses. Total of all expenses incurred2017-12-31$822
Benefits paid (including direct rollovers)2017-12-31$642
Total plan assets at end of year2017-12-31$542,929
Total plan assets at beginning of year2017-12-31$480,636
Value of fidelity bond covering the plan2017-12-31$475,000
Expenses. Other expenses not covered elsewhere2017-12-31$180
Other income received2017-12-31$63,630
Net income (gross income less expenses)2017-12-31$62,808
Net plan assets at end of year (total assets less liabilities)2017-12-31$542,724
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$479,916
Assets. Value of participant loans2017-12-31$16,073
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$720
Total plan liabilities at beginning of year2016-12-31$720
Total income from all sources2016-12-31$27,654
Expenses. Total of all expenses incurred2016-12-31$18,863
Benefits paid (including direct rollovers)2016-12-31$17,873
Total plan assets at end of year2016-12-31$480,636
Total plan assets at beginning of year2016-12-31$471,845
Value of fidelity bond covering the plan2016-12-31$475,000
Expenses. Other expenses not covered elsewhere2016-12-31$990
Other income received2016-12-31$27,654
Net income (gross income less expenses)2016-12-31$8,791
Net plan assets at end of year (total assets less liabilities)2016-12-31$479,916
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$471,125
Assets. Value of participant loans2016-12-31$18,434
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2015 401k financial data
Total plan liabilities at end of year2015-12-31$720
Total plan liabilities at beginning of year2015-12-31$1,146
Total income from all sources2015-12-31$66,378
Expenses. Total of all expenses incurred2015-12-31$10,199
Benefits paid (including direct rollovers)2015-12-31$9,749
Total plan assets at end of year2015-12-31$471,845
Total plan assets at beginning of year2015-12-31$416,092
Value of fidelity bond covering the plan2015-12-31$60,000
Other income received2015-12-31$-18,622
Net income (gross income less expenses)2015-12-31$56,179
Net plan assets at end of year (total assets less liabilities)2015-12-31$471,125
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$414,946
Assets. Value of participant loans2015-12-31$18,853
Total contributions received or receivable from employer(s)2015-12-31$85,000
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$450
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2014 401k financial data
Total plan liabilities at end of year2014-12-31$1,146
Total plan liabilities at beginning of year2014-12-31$170
Total income from all sources2014-12-31$36,191
Expenses. Total of all expenses incurred2014-12-31$13,607
Benefits paid (including direct rollovers)2014-12-31$8,147
Total plan assets at end of year2014-12-31$416,092
Total plan assets at beginning of year2014-12-31$392,532
Value of fidelity bond covering the plan2014-12-31$60,000
Expenses. Other expenses not covered elsewhere2014-12-31$85
Other income received2014-12-31$16,191
Net income (gross income less expenses)2014-12-31$22,584
Net plan assets at end of year (total assets less liabilities)2014-12-31$414,946
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$392,362
Assets. Value of participant loans2014-12-31$2,023
Total contributions received or receivable from employer(s)2014-12-31$20,000
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$5,375
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2013 401k financial data
Total plan liabilities at end of year2013-12-31$170
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$52,177
Expenses. Total of all expenses incurred2013-12-31$2,543
Benefits paid (including direct rollovers)2013-12-31$2,513
Total plan assets at end of year2013-12-31$392,532
Total plan assets at beginning of year2013-12-31$342,728
Value of fidelity bond covering the plan2013-12-31$60,000
Expenses. Other expenses not covered elsewhere2013-12-31$30
Other income received2013-12-31$2,177
Net income (gross income less expenses)2013-12-31$49,634
Net plan assets at end of year (total assets less liabilities)2013-12-31$392,362
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$342,728
Assets. Value of participant loans2013-12-31$3,237
Total contributions received or receivable from employer(s)2013-12-31$50,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2012 401k financial data
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$83,279
Expenses. Total of all expenses incurred2012-12-31$17,474
Benefits paid (including direct rollovers)2012-12-31$15,359
Total plan assets at end of year2012-12-31$342,728
Total plan assets at beginning of year2012-12-31$276,923
Value of fidelity bond covering the plan2012-12-31$325,000
Expenses. Other expenses not covered elsewhere2012-12-31$2,115
Other income received2012-12-31$13,279
Net income (gross income less expenses)2012-12-31$65,805
Net plan assets at end of year (total assets less liabilities)2012-12-31$342,728
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$276,923
Assets. Value of participant loans2012-12-31$7,223
Total contributions received or receivable from employer(s)2012-12-31$70,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$375
Total income from all sources2011-12-31$71,430
Expenses. Total of all expenses incurred2011-12-31$166
Benefits paid (including direct rollovers)2011-12-31$166
Total plan assets at end of year2011-12-31$276,923
Total plan assets at beginning of year2011-12-31$206,034
Value of fidelity bond covering the plan2011-12-31$60,000
Other income received2011-12-31$1,430
Net income (gross income less expenses)2011-12-31$71,264
Net plan assets at end of year (total assets less liabilities)2011-12-31$276,923
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$205,659
Assets. Value of participant loans2011-12-31$8,242
Total contributions received or receivable from employer(s)2011-12-31$70,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$375
Total plan liabilities at beginning of year2010-12-31$250
Total income from all sources2010-12-31$51,838
Expenses. Total of all expenses incurred2010-12-31$28,662
Benefits paid (including direct rollovers)2010-12-31$28,662
Total plan assets at end of year2010-12-31$206,034
Total plan assets at beginning of year2010-12-31$182,733
Value of fidelity bond covering the plan2010-12-31$60,000
Other income received2010-12-31$1,838
Net income (gross income less expenses)2010-12-31$23,176
Net plan assets at end of year (total assets less liabilities)2010-12-31$205,659
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$182,483
Assets. Value of participant loans2010-12-31$14,134
Total contributions received or receivable from employer(s)2010-12-31$50,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN

2021: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 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 planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 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 planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 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: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 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: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 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: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 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: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 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 – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: LASER INDUSTRIES, INC. EMPLOYEES PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number503756-01
Policy instance 1
Insurance contract or identification number503756-01
Number of Individuals Covered27
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $348
Total amount of fees paid to insurance companyUSD $0
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $348
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerN/A
Insurance broker organization code?3
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number503756-01
Policy instance 1
Insurance contract or identification number503756-01
Number of Individuals Covered19
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $280
Total amount of fees paid to insurance companyUSD $0
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $173
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerN/A
Insurance broker organization code?3
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number503756-01
Policy instance 1
Insurance contract or identification number503756-01
Number of Individuals Covered20
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $260
Total amount of fees paid to insurance companyUSD $0
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $260
Insurance broker organization code?3

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