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LAFWORLD INC. 401K PLAN 401k Plan overview

Plan NameLAFWORLD INC. 401K PLAN
Plan identification number 001

LAFWORLD INC. 401K PLAN Benefits

401k Plan TypeDefined 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Plan covering Self-Employed individuals.
  • 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

LAFWORLD INC. has sponsored the creation of one or more 401k plans.

Company Name:LAFWORLD INC.
Employer identification number (EIN):455396148
NAIC Classification:445310
NAIC Description:Beer, Wine, and Liquor Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAFWORLD INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01LAWRENCE A. FOX LAWRENCE A. FOX2018-10-08
0012016-01-01LAWRENCE A. FOX LAWRENCE A. FOX2017-12-15
0012015-01-01LARRY FOX LARRY FOX2017-03-15
0012015-01-01LAWRENCE A. FOX LAWRENCE A. FOX2016-10-04
0012014-01-01LAWRENCE A. FOX LAWRENCE A. FOX2016-05-27
0012014-01-01LAWRENCE A FOX LAWRENCE A FOX2015-10-09
0012014-01-012015-10-07
0012014-01-01LAWRENCE A FOX LAWRENCE A FOX2015-10-07
0012013-01-01LAWRENCE A. FOX LAWRENCE A. FOX2015-11-03
0012012-05-23LAWRENCE A. FOX LAWRENCE A. FOX2013-10-11

Plan Statistics for LAFWORLD INC. 401K PLAN

401k plan membership statisitcs for LAFWORLD INC. 401K PLAN

Measure Date Value
2017: LAFWORLD INC. 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-014
Total number of active participants reported on line 7a of the Form 55002017-01-011
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-012
Total of all active and inactive participants2017-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-013
Number of participants with account balances2017-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: LAFWORLD INC. 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-014
Total number of active participants reported on line 7a of the Form 55002016-01-014
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-014
Number of participants with account balances2016-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: LAFWORLD INC. 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-015
Total number of active participants reported on line 7a of the Form 55002015-01-014
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-014
Number of participants with account balances2015-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: LAFWORLD INC. 401K PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-013
Total number of active participants reported on line 7a of the Form 55002014-01-014
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-014
Number of participants with account balances2014-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: LAFWORLD INC. 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-011
Total number of active participants reported on line 7a of the Form 55002013-01-011
Number of retired or separated participants receiving benefits2013-01-011
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-012
Number of participants with account balances2013-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: LAFWORLD INC. 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-05-230
Total number of active participants reported on line 7a of the Form 55002012-05-231
Number of retired or separated participants receiving benefits2012-05-230
Number of other retired or separated participants entitled to future benefits2012-05-230
Total of all active and inactive participants2012-05-231
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-05-230
Total participants2012-05-231
Number of participants with account balances2012-05-231
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-05-230

Financial Data on LAFWORLD INC. 401K PLAN

Measure Date Value
2018 : LAFWORLD INC. 401K PLAN 2018 401k financial data
Total plan liabilities at end of year2018-04-23$0
Total plan liabilities at beginning of year2018-04-23$0
Total income from all sources2018-04-23$77
Expenses. Total of all expenses incurred2018-04-23$7,046
Benefits paid (including direct rollovers)2018-04-23$6,996
Total plan assets at end of year2018-04-23$0
Total plan assets at beginning of year2018-04-23$6,969
Value of fidelity bond covering the plan2018-04-23$30,000
Total contributions received or receivable from participants2018-04-23$0
Contributions received from other sources (not participants or employers)2018-04-23$0
Other income received2018-04-23$77
Noncash contributions received2018-04-23$0
Net income (gross income less expenses)2018-04-23$-6,969
Net plan assets at end of year (total assets less liabilities)2018-04-23$0
Net plan assets at beginning of year (total assets less liabilities)2018-04-23$6,969
Assets. Value of employer securities2018-04-23$0
Total contributions received or receivable from employer(s)2018-04-23$0
Value of certain deemed distributions of participant loans2018-04-23$0
Value of corrective distributions2018-04-23$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-04-23$50
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-04-23$0
2017 : LAFWORLD INC. 401K PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$-30,305
Expenses. Total of all expenses incurred2017-12-31$167,168
Benefits paid (including direct rollovers)2017-12-31$167,138
Total plan assets at end of year2017-12-31$13,945
Total plan assets at beginning of year2017-12-31$211,418
Value of fidelity bond covering the plan2017-12-31$30,000
Total contributions received or receivable from participants2017-12-31$8
Expenses. Other expenses not covered elsewhere2017-12-31$30
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$-30,313
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$-197,473
Net plan assets at end of year (total assets less liabilities)2017-12-31$13,945
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$211,418
Assets. Value of employer securities2017-12-31$0
Total contributions received or receivable from employer(s)2017-12-31$0
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : LAFWORLD INC. 401K PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$-53,171
Expenses. Total of all expenses incurred2016-12-31$0
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$200,041
Total plan assets at beginning of year2016-12-31$253,212
Value of fidelity bond covering the plan2016-12-31$30,000
Total contributions received or receivable from participants2016-12-31$2,010
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$-55,181
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-53,171
Net plan assets at end of year (total assets less liabilities)2016-12-31$200,041
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$253,212
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022016-12-31$1,410
Assets. Value of employer securities2016-12-31$193,375
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
2015 : LAFWORLD INC. 401K PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total income from all sources2015-12-31$44,288
Expenses. Total of all expenses incurred2015-12-31$0
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$253,639
Total plan assets at beginning of year2015-12-31$209,351
Value of fidelity bond covering the plan2015-12-31$30,000
Total contributions received or receivable from participants2015-12-31$1,200
Expenses. Other expenses not covered elsewhere2015-12-31$0
Other income received2015-12-31$43,088
Net income (gross income less expenses)2015-12-31$44,288
Net plan assets at end of year (total assets less liabilities)2015-12-31$253,639
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$209,351
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022015-12-31$750
Assets. Value of employer securities2015-12-31$237,339
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$-42
2014 : LAFWORLD INC. 401K PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$-46,194
Expenses. Total of all expenses incurred2014-12-31$0
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$197,445
Total plan assets at beginning of year2014-12-31$243,639
Value of fidelity bond covering the plan2014-12-31$30,000
Total contributions received or receivable from participants2014-12-31$950
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$-47,144
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$-46,194
Net plan assets at end of year (total assets less liabilities)2014-12-31$197,445
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$243,639
Assets. Value of employer securities2014-12-31$194,824
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
2013 : LAFWORLD INC. 401K PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$30,066
Total plan liabilities at beginning of year2013-12-31$30,066
Total income from all sources2013-12-31$-56,085
Expenses. Total of all expenses incurred2013-12-31$0
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$243,639
Total plan assets at beginning of year2013-12-31$299,724
Value of fidelity bond covering the plan2013-12-31$30,000
Total contributions received or receivable from participants2013-12-31$0
Expenses. Other expenses not covered elsewhere2013-12-31$245
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$-56,085
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$-56,085
Net plan assets at end of year (total assets less liabilities)2013-12-31$213,573
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$269,658
Assets. Value of employer securities2013-12-31$200,664
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
2012 : LAFWORLD INC. 401K PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$30,066
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$269,693
Expenses. Total of all expenses incurred2012-12-31$35
Benefits paid (including direct rollovers)2012-12-31$0
Total plan assets at end of year2012-12-31$299,724
Total plan assets at beginning of year2012-12-31$0
Value of fidelity bond covering the plan2012-12-31$30,000
Total contributions received or receivable from participants2012-12-31$0
Expenses. Other expenses not covered elsewhere2012-12-31$35
Contributions received from other sources (not participants or employers)2012-12-31$269,485
Other income received2012-12-31$208
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$269,658
Net plan assets at end of year (total assets less liabilities)2012-12-31$269,658
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$0
Assets. Value of employer securities2012-12-31$239,504
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0

Form 5500 Responses for LAFWORLD INC. 401K PLAN

2017: LAFWORLD INC. 401K 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: LAFWORLD INC. 401K PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedYes
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 – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: LAFWORLD INC. 401K PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedYes
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: LAFWORLD INC. 401K PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedYes
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: LAFWORLD INC. 401K PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedYes
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: LAFWORLD INC. 401K PLAN 2012 form 5500 responses
2012-05-23Type of plan entitySingle employer plan
2012-05-23First time form 5500 has been submittedYes
2012-05-23Submission has been amendedNo
2012-05-23This submission is the final filingNo
2012-05-23This return/report is a short plan year return/report (less than 12 months)Yes
2012-05-23Plan is a collectively bargained planNo
2012-05-23Plan funding arrangement – TrustYes
2012-05-23Plan benefit arrangement - TrustYes

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