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LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameLIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN
Plan identification number 002

LIPKE-KENTEX CORPORATION 401(K) 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.
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

LIPKE-KENTEX CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:LIPKE-KENTEX CORPORATION
Employer identification number (EIN):364565477
NAIC Classification:423990
NAIC Description:Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022017-01-01
0022016-01-01DAVID HITCH2017-09-11
0022015-07-01DAVID HITCH2016-10-12
0022014-07-01DAVID HITCH2016-04-06
0022013-07-01DAVID HITCH
0022012-07-01DAVID HITCH
0022011-07-01DAVID HITCH
0022010-07-01DAVID HITCH
0022009-07-01DAVID HITCH

Financial Data on LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-05975014
Net assets as of the end of the plan year2025-06-051276961
Total assets as of the beginning of the plan year2025-06-051951939
Value of plan covered by a fidelity bond2025-06-05250000
Participant contributions to plan in this plan year2025-06-0551452
Other income to plan in this plan year2025-06-05219660
Plan net income in this plan year2025-06-05-674978
Net assets as of the end of the plan year2025-06-051276961
Net assets as of the beginning of the plan year2025-06-051951939
Employer contributions to plan in this plan year2025-06-0528924
Fees paid to broker by Benefit Provider2025-06-051713
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-057579
2024 : LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-15164430
Net assets as of the end of the plan year2024-07-151951939
Total assets as of the beginning of the plan year2024-07-151823792
Value of plan covered by a fidelity bond2024-07-15250000
Participant contributions to plan in this plan year2024-07-1548861
Other contributions to plan in this plan year2024-07-150
Other income to plan in this plan year2024-07-15243716
Plan net income in this plan year2024-07-15128147
Net assets as of the end of the plan year2024-07-151951939
Net assets as of the beginning of the plan year2024-07-151823792
Employer contributions to plan in this plan year2024-07-150
Fees paid to broker by Benefit Provider2024-07-151115
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-156795
2022 : LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-08-30283991
Net assets as of the end of the plan year2022-08-302114845
Total assets as of the beginning of the plan year2022-08-302134807
Value of plan covered by a fidelity bond2022-08-30250000
Participant contributions to plan in this plan year2022-08-3032515
Value of participant loans at end of plan year2022-08-30105040
Other income to plan in this plan year2022-08-30231514
Plan net income in this plan year2022-08-30-19962
Net assets as of the end of the plan year2022-08-302114845
Net assets as of the beginning of the plan year2022-08-302134807
Employer contributions to plan in this plan year2022-08-300
Fees paid to broker by Benefit Provider2022-08-301138
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-307353
2014 : LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total plan liabilities at end of year2014-06-30$0
Total plan liabilities at beginning of year2014-06-30$0
Total income from all sources2014-06-30$305,383
Expenses. Total of all expenses incurred2014-06-30$36,411
Benefits paid (including direct rollovers)2014-06-30$30,656
Total plan assets at end of year2014-06-30$2,326,871
Total plan assets at beginning of year2014-06-30$2,057,899
Value of fidelity bond covering the plan2014-06-30$250,000
Total contributions received or receivable from participants2014-06-30$69,783
Expenses. Other expenses not covered elsewhere2014-06-30$0
Contributions received from other sources (not participants or employers)2014-06-30$0
Other income received2014-06-30$225,600
Noncash contributions received2014-06-30$0
Net income (gross income less expenses)2014-06-30$268,972
Net plan assets at end of year (total assets less liabilities)2014-06-30$2,326,871
Net plan assets at beginning of year (total assets less liabilities)2014-06-30$2,057,899
Assets. Value of participant loans2014-06-30$108,616
Total contributions received or receivable from employer(s)2014-06-30$10,000
Value of certain deemed distributions of participant loans2014-06-30$0
Value of corrective distributions2014-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-06-30$5,755
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-06-30$0
2013 : LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total plan liabilities at end of year2013-06-30$0
Total plan liabilities at beginning of year2013-06-30$0
Total income from all sources2013-06-30$208,679
Expenses. Total of all expenses incurred2013-06-30$56,618
Benefits paid (including direct rollovers)2013-06-30$52,674
Total plan assets at end of year2013-06-30$2,057,899
Total plan assets at beginning of year2013-06-30$1,905,838
Value of fidelity bond covering the plan2013-06-30$250,000
Total contributions received or receivable from participants2013-06-30$73,157
Expenses. Other expenses not covered elsewhere2013-06-30$0
Contributions received from other sources (not participants or employers)2013-06-30$0
Other income received2013-06-30$135,522
Noncash contributions received2013-06-30$0
Net income (gross income less expenses)2013-06-30$152,061
Net plan assets at end of year (total assets less liabilities)2013-06-30$2,057,899
Net plan assets at beginning of year (total assets less liabilities)2013-06-30$1,905,838
Assets. Value of participant loans2013-06-30$152,852
Total contributions received or receivable from employer(s)2013-06-30$0
Value of certain deemed distributions of participant loans2013-06-30$0
Value of corrective distributions2013-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-06-30$3,944
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-06-30$0
2012 : LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total plan liabilities at end of year2012-06-30$0
Total plan liabilities at beginning of year2012-06-30$0
Total income from all sources2012-06-30$91,703
Expenses. Total of all expenses incurred2012-06-30$24,891
Benefits paid (including direct rollovers)2012-06-30$17,270
Total plan assets at end of year2012-06-30$1,905,838
Total plan assets at beginning of year2012-06-30$1,839,026
Value of fidelity bond covering the plan2012-06-30$150,000
Total contributions received or receivable from participants2012-06-30$73,795
Expenses. Other expenses not covered elsewhere2012-06-30$0
Contributions received from other sources (not participants or employers)2012-06-30$0
Other income received2012-06-30$17,908
Noncash contributions received2012-06-30$0
Net income (gross income less expenses)2012-06-30$66,812
Net plan assets at end of year (total assets less liabilities)2012-06-30$1,905,838
Net plan assets at beginning of year (total assets less liabilities)2012-06-30$1,839,026
Assets. Value of participant loans2012-06-30$49,456
Total contributions received or receivable from employer(s)2012-06-30$0
Value of certain deemed distributions of participant loans2012-06-30$0
Value of corrective distributions2012-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-06-30$7,621
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-06-30$0
2011 : LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year2011-06-30$0
Total plan liabilities at beginning of year2011-06-30$0
Total income from all sources2011-06-30$352,322
Expenses. Total of all expenses incurred2011-06-30$113,382
Benefits paid (including direct rollovers)2011-06-30$103,057
Total plan assets at end of year2011-06-30$1,839,026
Total plan assets at beginning of year2011-06-30$1,600,086
Value of fidelity bond covering the plan2011-06-30$150,000
Total contributions received or receivable from participants2011-06-30$60,594
Expenses. Other expenses not covered elsewhere2011-06-30$0
Contributions received from other sources (not participants or employers)2011-06-30$0
Other income received2011-06-30$291,728
Noncash contributions received2011-06-30$0
Net income (gross income less expenses)2011-06-30$238,940
Net plan assets at end of year (total assets less liabilities)2011-06-30$1,839,026
Net plan assets at beginning of year (total assets less liabilities)2011-06-30$1,600,086
Assets. Value of participant loans2011-06-30$25,573
Total contributions received or receivable from employer(s)2011-06-30$0
Value of certain deemed distributions of participant loans2011-06-30$0
Value of corrective distributions2011-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-06-30$10,325
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-06-30$0

Form 5500 Responses for LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN

2013: LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-07-01Type of plan entitySingle employer plan
2013-07-01Submission has been amendedNo
2013-07-01This submission is the final filingNo
2013-07-01This return/report is a short plan year return/report (less than 12 months)No
2013-07-01Plan is a collectively bargained planNo
2013-07-01Plan funding arrangement – InsuranceYes
2013-07-01Plan funding arrangement – TrustYes
2013-07-01Plan benefit arrangement – InsuranceYes
2013-07-01Plan benefit arrangement - TrustYes
2012: LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-07-01Type of plan entitySingle employer plan
2012-07-01Submission has been amendedNo
2012-07-01This submission is the final filingNo
2012-07-01This return/report is a short plan year return/report (less than 12 months)No
2012-07-01Plan is a collectively bargained planNo
2012-07-01Plan funding arrangement – InsuranceYes
2012-07-01Plan funding arrangement – TrustYes
2012-07-01Plan benefit arrangement – InsuranceYes
2012-07-01Plan benefit arrangement - TrustYes
2011: LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-07-01Type of plan entitySingle employer plan
2011-07-01Submission has been amendedNo
2011-07-01This submission is the final filingNo
2011-07-01This return/report is a short plan year return/report (less than 12 months)No
2011-07-01Plan is a collectively bargained planNo
2011-07-01Plan funding arrangement – InsuranceYes
2011-07-01Plan funding arrangement – TrustYes
2011-07-01Plan benefit arrangement – InsuranceYes
2011-07-01Plan benefit arrangement - TrustYes
2010: LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-07-01Type of plan entitySingle employer plan
2010-07-01Submission has been amendedNo
2010-07-01This submission is the final filingNo
2010-07-01This return/report is a short plan year return/report (less than 12 months)No
2010-07-01Plan is a collectively bargained planNo
2010-07-01Plan funding arrangement – InsuranceYes
2010-07-01Plan funding arrangement – TrustYes
2010-07-01Plan benefit arrangement – InsuranceYes
2010-07-01Plan benefit arrangement - TrustYes
2009: LIPKE-KENTEX CORPORATION 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-07-01Type of plan entitySingle employer plan
2009-07-01Submission has been amendedNo
2009-07-01This submission is the final filingNo
2009-07-01This return/report is a short plan year return/report (less than 12 months)No
2009-07-01Plan is a collectively bargained planNo
2009-07-01Plan funding arrangement – InsuranceYes
2009-07-01Plan funding arrangement – TrustYes
2009-07-01Plan benefit arrangement – InsuranceYes
2009-07-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number457084
Policy instance 2
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number457084
Policy instance 2
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number457084
Policy instance 2
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number457084
Policy instance 2
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPHS506
Policy instance 3

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