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LA ASSOCIATES, INC. 401(K) PLAN 401k Plan overview

Plan NameLA ASSOCIATES, INC. 401(K) PLAN
Plan identification number 001

LA ASSOCIATES, INC. 401(K) 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.
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

LA ASSOCIATES, INC. has sponsored the creation of one or more 401k plans.

Company Name:LA ASSOCIATES, INC.
Employer identification number (EIN):541568511
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about LA ASSOCIATES, INC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 1990-06-29
Company Identification Number: 0361098
Legal Registered Office Address: 1953 GALLOWS ROAD

VIENNA
United States of America (USA)
22182

More information about LA ASSOCIATES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LA ASSOCIATES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01TERESA CHICHESTER2022-04-04
0012020-01-01TERESA CHICHESTER2021-04-26
0012019-01-01
0012018-01-01TERESA CHICHESTER
0012017-01-01TERESA CHICHESTER
0012016-01-01TERESA CHICHESTER
0012015-01-01TERESA CHICHESTER
0012014-01-01TERESA CHICHESTER2015-07-27 TERESA CHICHESTER2015-07-27
0012013-01-01TERESA CHICHESTER2014-07-23
0012012-01-01GRACIE HUFF2013-08-22 GRACIE HUFF2013-08-22
0012011-01-01GRACIE K. HUFF2012-09-13 GRACIE K. HUFF2012-09-13
0012010-01-01GRACIE KILCREASE-HUFF2011-10-14 GRACIE KILCREASE-HUFF2011-10-14
0012009-01-01GRACIE KILCREASE-HUFF GRACIE KILCREASE-HUFF2010-10-13
0012009-01-01GRACIE HUFF GRACIE HUFF2010-10-14

Plan Statistics for LA ASSOCIATES, INC. 401(K) PLAN

401k plan membership statisitcs for LA ASSOCIATES, INC. 401(K) PLAN

Measure Date Value
2019: LA ASSOCIATES, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01113
Total number of active participants reported on line 7a of the Form 55002019-01-0188
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0117
Total of all active and inactive participants2019-01-01105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01105
Number of participants with account balances2019-01-0199
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-016
2018: LA ASSOCIATES, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01118
Total number of active participants reported on line 7a of the Form 55002018-01-0197
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0116
Total of all active and inactive participants2018-01-01113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01113
Number of participants with account balances2018-01-01107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-015
2017: LA ASSOCIATES, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01104
Total number of active participants reported on line 7a of the Form 55002017-01-0197
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0120
Total of all active and inactive participants2017-01-01117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011
Total participants2017-01-01118
Number of participants with account balances2017-01-01108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-012
2016: LA ASSOCIATES, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0197
Total number of active participants reported on line 7a of the Form 55002016-01-0185
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0118
Total of all active and inactive participants2016-01-01103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01104
Number of participants with account balances2016-01-0194
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-014
2015: LA ASSOCIATES, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0185
Total number of active participants reported on line 7a of the Form 55002015-01-0186
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-019
Total of all active and inactive participants2015-01-0195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-012
Total participants2015-01-0197
Number of participants with account balances2015-01-0178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-012
2009: LA ASSOCIATES, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0194
Total number of active participants reported on line 7a of the Form 55002009-01-0149
Number of retired or separated participants receiving benefits2009-01-0126
Number of other retired or separated participants entitled to future benefits2009-01-0115
Total of all active and inactive participants2009-01-0190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0190
Number of participants with account balances2009-01-0187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0119

Financial Data on LA ASSOCIATES, INC. 401(K) PLAN

Measure Date Value
2019 : LA ASSOCIATES, INC. 401(K) PLAN 2019 401k financial data
Total income from all sources2019-12-31$2,779,769
Expenses. Total of all expenses incurred2019-12-31$940,041
Benefits paid (including direct rollovers)2019-12-31$799,918
Total plan assets at end of year2019-12-31$10,225,452
Total plan assets at beginning of year2019-12-31$8,385,724
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$610,513
Contributions received from other sources (not participants or employers)2019-12-31$88,388
Other income received2019-12-31$1,934,937
Net income (gross income less expenses)2019-12-31$1,839,728
Net plan assets at end of year (total assets less liabilities)2019-12-31$10,225,452
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$8,385,724
Assets. Value of participant loans2019-12-31$177,951
Total contributions received or receivable from employer(s)2019-12-31$145,931
Value of corrective distributions2019-12-31$87,420
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$52,703
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : LA ASSOCIATES, INC. 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$339,570
Expenses. Total of all expenses incurred2018-12-31$273,624
Benefits paid (including direct rollovers)2018-12-31$230,636
Total plan assets at end of year2018-12-31$8,385,724
Total plan assets at beginning of year2018-12-31$8,319,778
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$596,258
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$121,257
Other income received2018-12-31$-503,024
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$65,946
Net plan assets at end of year (total assets less liabilities)2018-12-31$8,385,724
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$8,319,778
Assets. Value of participant loans2018-12-31$137,142
Total contributions received or receivable from employer(s)2018-12-31$125,079
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$42,988
2017 : LA ASSOCIATES, INC. 401(K) 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$2,216,447
Expenses. Total of all expenses incurred2017-12-31$132,846
Benefits paid (including direct rollovers)2017-12-31$98,458
Total plan assets at end of year2017-12-31$8,319,778
Total plan assets at beginning of year2017-12-31$6,236,177
Value of fidelity bond covering the plan2017-12-31$500,000
Total contributions received or receivable from participants2017-12-31$496,970
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$485,121
Other income received2017-12-31$1,128,897
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$2,083,601
Net plan assets at end of year (total assets less liabilities)2017-12-31$8,319,778
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$6,236,177
Assets. Value of participant loans2017-12-31$134,131
Total contributions received or receivable from employer(s)2017-12-31$105,459
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$34,388
2016 : LA ASSOCIATES, INC. 401(K) 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$1,075,477
Expenses. Total of all expenses incurred2016-12-31$1,178,598
Benefits paid (including direct rollovers)2016-12-31$1,097,075
Total plan assets at end of year2016-12-31$6,236,177
Total plan assets at beginning of year2016-12-31$6,339,298
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$446,406
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$56,127
Other income received2016-12-31$484,797
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-103,121
Net plan assets at end of year (total assets less liabilities)2016-12-31$6,236,177
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$6,339,298
Assets. Value of participant loans2016-12-31$129,470
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$0
Total contributions received or receivable from employer(s)2016-12-31$88,147
Value of certain deemed distributions of participant loans2016-12-31$32,375
Value of corrective distributions2016-12-31$15,970
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$33,178
2015 : LA ASSOCIATES, INC. 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$634,165
Expenses. Total of all expenses incurred2015-12-31$578,065
Benefits paid (including direct rollovers)2015-12-31$560,483
Total plan assets at end of year2015-12-31$6,339,298
Total plan assets at beginning of year2015-12-31$6,283,198
Value of fidelity bond covering the plan2015-12-31$250,000
Total contributions received or receivable from participants2015-12-31$378,261
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$272,199
Other income received2015-12-31$-16,295
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$56,100
Net plan assets at end of year (total assets less liabilities)2015-12-31$6,339,298
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$6,283,198
Assets. Value of participant loans2015-12-31$142,253
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$8,086
Value of corrective distributions2015-12-31$6,591
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$2,905
2009 : LA ASSOCIATES, INC. 401(K) 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 LA ASSOCIATES, INC. 401(K) PLAN

2019: LA ASSOCIATES, INC. 401(K) 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: LA ASSOCIATES, INC. 401(K) 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: LA ASSOCIATES, INC. 401(K) 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
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: LA ASSOCIATES, INC. 401(K) 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: LA ASSOCIATES, INC. 401(K) 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 – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2009: LA ASSOCIATES, INC. 401(K) 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 – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG36210
Policy instance 1
Insurance contract or identification numberG36210
Number of Individuals Covered0
Insurance policy start date2015-01-01
Insurance policy end date2015-07-31
Total amount of commissions paid to insurance brokerUSD $7,423
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
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 $7,423
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerN\A
Insurance broker organization code?3
Insurance broker nameNFP INS SERVICES INC

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