401k Plan data: GREENE LAMP, INC. 401(K) PLAN plan

GREENE LAMP, INC. 401(K) PLAN 401k Plan overview

Plan Name	GREENE LAMP, INC. 401(K) PLAN
Plan identification number	001

GREENE LAMP, INC. 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.
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.

401k Sponsoring company profile

GREENE LAMP, INC. has sponsored the creation of one or more 401k plans.

Company Name: GREENE LAMP, INC.

Employer identification number (EIN): 560857923

NAIC Classification: 812990
NAIC Description: All Other Personal Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GREENE LAMP, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2020-01-01 JOSEPH MAGANGA 2021-10-13 JOSEPH MAGANGA 2021-10-13
001 2019-01-01
001 2018-01-01 JOSEPH MAGANGA 2019-07-31
001 2017-01-01 JOSEPH MAGANGA 2018-07-25 JOSEPH MAGANGA 2018-07-25
001 2016-01-01 LEE H. PARKER 2017-10-12
001 2015-01-01 LEE H. PARKER 2016-10-17
001 2014-01-01 LEE H. PARKER 2015-07-21
001 2013-01-01 LEE PARKER 2014-07-28 LEE PARKER 2014-07-28
001 2012-01-01 ANGELA BATES 2013-07-10
001 2011-01-01 ANGELA BATES 2012-10-09
001 2010-01-01 ANGELA BATES 2011-10-05

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2020-01-01	JOSEPH MAGANGA	2021-10-13	JOSEPH MAGANGA	2021-10-13
001	2019-01-01
001	2018-01-01	JOSEPH MAGANGA	2019-07-31
001	2017-01-01	JOSEPH MAGANGA	2018-07-25	JOSEPH MAGANGA	2018-07-25
001	2016-01-01	LEE H. PARKER	2017-10-12
001	2015-01-01	LEE H. PARKER	2016-10-17
001	2014-01-01	LEE H. PARKER	2015-07-21
001	2013-01-01	LEE PARKER	2014-07-28	LEE PARKER	2014-07-28
001	2012-01-01	ANGELA BATES	2013-07-10
001	2011-01-01	ANGELA BATES	2012-10-09
001	2010-01-01	ANGELA BATES	2011-10-05

Plan Statistics for GREENE LAMP, INC. 401(K) PLAN

401k plan membership statisitcs for GREENE LAMP, INC. 401(K) PLAN

Measure Date Value
2019: GREENE LAMP, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 108
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 95
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 18
Total of all active and inactive participants 2019-01-01 113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 113
Number of participants with account balances 2019-01-01 112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 3

Measure	Date	Value
2019: GREENE LAMP, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	108
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	95
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	18
Total of all active and inactive participants	2019-01-01	113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	113
Number of participants with account balances	2019-01-01	112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	3

Financial Data on GREENE LAMP, INC. 401(K) PLAN

Measure	Date	Value
2019 : GREENE LAMP, INC. 401(K) PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$426,239
Expenses. Total of all expenses incurred	2019-12-31	$56,927
Benefits paid (including direct rollovers)	2019-12-31	$53,035
Total plan assets at end of year	2019-12-31	$1,397,896
Total plan assets at beginning of year	2019-12-31	$1,028,584
Value of fidelity bond covering the plan	2019-12-31	$300,000
Total contributions received or receivable from participants	2019-12-31	$65,075
Expenses. Other expenses not covered elsewhere	2019-12-31	$3,892
Contributions received from other sources (not participants or employers)	2019-12-31	$6,377
Other income received	2019-12-31	$221,134
Net income (gross income less expenses)	2019-12-31	$369,312
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$1,397,896
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$1,028,584
Total contributions received or receivable from employer(s)	2019-12-31	$133,653
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0

Form 5500 Responses for GREENE LAMP, INC. 401(K) PLAN

2019: GREENE LAMP, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )

Policy contract number

059124E

Policy instance

Insurance contract or identification number	059124E
Number of Individuals Covered	113
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $376
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 plan	No
Contracts With Unallocated Funds Deposit Administration	1
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?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
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 Broker	USD $0
Amount paid for insurance broker fees	376
Additional information about fees paid to insurance broker	PORTION OF INCENTIVE COMP. PROGRAM
Insurance broker organization code?	3

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Company Name:	GREENE LAMP, INC.
Employer identification number (EIN):	560857923
NAIC Classification:	812990
NAIC Description:	All Other Personal Services