401k Plan data: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN plan

L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 401k Plan overview

Plan Name	L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN
Plan identification number	001

L G CO., INC. EMPLOYEES' PROFIT SHARING AND 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

LORAIN GLASS CO. INC. has sponsored the creation of one or more 401k plans.

Company Name: LORAIN GLASS CO. INC.

Employer identification number (EIN): 340760580

NAIC Classification: 327210

Form 5500 Filing Information

Submission information for form 5500 for 401k plan L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 SCOTT KOSMAN 2024-04-18
001 2022-01-01 SCOTT KOSMAN 2023-04-26
001 2021-01-01 SCOTT KOSMAN 2022-06-23
001 2020-01-01 SCOTT KOSMAN 2021-03-31
001 2019-01-01 SCOTT KOSMAN 2020-04-30
001 2018-01-01 SCOTT KOSMAN 2019-06-06
001 2017-01-01 SCOTT KOSMAN 2018-05-16
001 2016-01-01 SCOTT KOSMAN 2017-03-16
001 2015-01-01 SCOTT KOSMAN 2016-06-23 SCOTT KOSMAN 2016-07-14
001 2014-01-01 MICHELE MIRALDI SCOTT KOSMAN 2015-07-20
001 2013-01-01 SCOTT KOSMAN SCOTT KOSMAN 2014-07-21
001 2012-01-01 SCOTT KOSMAN
001 2011-01-01 SCOTT KOSMAN
001 2009-01-01 SCOTT KOSMAN

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01	SCOTT KOSMAN	2024-04-18
001	2022-01-01	SCOTT KOSMAN	2023-04-26
001	2021-01-01	SCOTT KOSMAN	2022-06-23
001	2020-01-01	SCOTT KOSMAN	2021-03-31
001	2019-01-01	SCOTT KOSMAN	2020-04-30
001	2018-01-01	SCOTT KOSMAN	2019-06-06
001	2017-01-01	SCOTT KOSMAN	2018-05-16
001	2016-01-01	SCOTT KOSMAN	2017-03-16
001	2015-01-01	SCOTT KOSMAN	2016-06-23	SCOTT KOSMAN	2016-07-14
001	2014-01-01	MICHELE MIRALDI		SCOTT KOSMAN	2015-07-20
001	2013-01-01	SCOTT KOSMAN		SCOTT KOSMAN	2014-07-21
001	2012-01-01	SCOTT KOSMAN
001	2011-01-01	SCOTT KOSMAN
001	2009-01-01	SCOTT KOSMAN

Plan Statistics for L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN

401k plan membership statisitcs for L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN

Measure Date Value
2014: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 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 23
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 7
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 30
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 30
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 26
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 4
Total of all active and inactive participants 2013-01-01 30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 30
Number of participants with account balances 2013-01-01 30
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 33
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 26
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 6
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 32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 35
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 28
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 7
Total of all active and inactive participants 2011-01-01 35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 35
Number of participants with account balances 2011-01-01 35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 39
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 31
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 6
Total of all active and inactive participants 2009-01-01 37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 37
Number of participants with account balances 2009-01-01 36
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2014: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 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	23
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	7
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	30
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	30
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	26
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	4
Total of all active and inactive participants	2013-01-01	30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	30
Number of participants with account balances	2013-01-01	30
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	33
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	26
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	6
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	32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	35
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	28
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	7
Total of all active and inactive participants	2011-01-01	35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	35
Number of participants with account balances	2011-01-01	35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	39
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	31
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	6
Total of all active and inactive participants	2009-01-01	37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	37
Number of participants with account balances	2009-01-01	36
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN

Measure	Date	Value
2014 : L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$165,767
Expenses. Total of all expenses incurred	2014-12-31	$2,400
Total plan assets at end of year	2014-12-31	$2,287,574
Total plan assets at beginning of year	2014-12-31	$2,124,207
Value of fidelity bond covering the plan	2014-12-31	$350,000
Total contributions received or receivable from participants	2014-12-31	$54,785
Expenses. Other expenses not covered elsewhere	2014-12-31	$2,400
Other income received	2014-12-31	$89,996
Net income (gross income less expenses)	2014-12-31	$163,367
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$2,287,574
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$2,124,207
Assets. Value of participant loans	2014-12-31	$73,387
Total contributions received or receivable from employer(s)	2014-12-31	$20,986
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$456,666
Expenses. Total of all expenses incurred	2013-12-31	$14,665
Benefits paid (including direct rollovers)	2013-12-31	$13,602
Total plan assets at end of year	2013-12-31	$2,124,207
Total plan assets at beginning of year	2013-12-31	$1,682,206
Value of fidelity bond covering the plan	2013-12-31	$350,000
Total contributions received or receivable from participants	2013-12-31	$51,429
Expenses. Other expenses not covered elsewhere	2013-12-31	$1,063
Other income received	2013-12-31	$385,837
Net income (gross income less expenses)	2013-12-31	$442,001
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$2,124,207
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,682,206
Assets. Value of participant loans	2013-12-31	$50,730
Total contributions received or receivable from employer(s)	2013-12-31	$19,400
2012 : L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$252,738
Expenses. Total of all expenses incurred	2012-12-31	$176,174
Benefits paid (including direct rollovers)	2012-12-31	$174,299
Total plan assets at end of year	2012-12-31	$1,682,206
Total plan assets at beginning of year	2012-12-31	$1,605,642
Value of fidelity bond covering the plan	2012-12-31	$350,000
Total contributions received or receivable from participants	2012-12-31	$46,076
Expenses. Other expenses not covered elsewhere	2012-12-31	$1,875
Other income received	2012-12-31	$188,638
Net income (gross income less expenses)	2012-12-31	$76,564
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,682,206
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,605,642
Assets. Value of participant loans	2012-12-31	$45,242
Total contributions received or receivable from employer(s)	2012-12-31	$18,024
2011 : L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$34,463
Expenses. Total of all expenses incurred	2011-12-31	$221,479
Benefits paid (including direct rollovers)	2011-12-31	$219,893
Total plan assets at end of year	2011-12-31	$1,605,642
Total plan assets at beginning of year	2011-12-31	$1,792,658
Value of fidelity bond covering the plan	2011-12-31	$350,000
Total contributions received or receivable from participants	2011-12-31	$56,885
Expenses. Other expenses not covered elsewhere	2011-12-31	$1,077
Other income received	2011-12-31	$-45,163
Net income (gross income less expenses)	2011-12-31	$-187,016
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,605,642
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,792,658
Assets. Value of participant loans	2011-12-31	$57,929
Total contributions received or receivable from employer(s)	2011-12-31	$22,741
Value of corrective distributions	2011-12-31	$509
2010 : L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$272,552
Expenses. Total of all expenses incurred	2010-12-31	$46,479
Benefits paid (including direct rollovers)	2010-12-31	$44,804
Total plan assets at end of year	2010-12-31	$1,792,658
Total plan assets at beginning of year	2010-12-31	$1,566,585
Value of fidelity bond covering the plan	2010-12-31	$350,000
Total contributions received or receivable from participants	2010-12-31	$60,082
Other income received	2010-12-31	$189,091
Net income (gross income less expenses)	2010-12-31	$226,073
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,792,658
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$1,566,585
Assets. Value of participant loans	2010-12-31	$94,279
Total contributions received or receivable from employer(s)	2010-12-31	$23,379
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$1,675

Form 5500 Responses for L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN

2014: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 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: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 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: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	Yes
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: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 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
2009: L G CO., INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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

Company Name:	LORAIN GLASS CO. INC.
Employer identification number (EIN):	340760580
NAIC Classification:	327210