401k Plan data: LINCOTEK 401(K) PLAN plan

LINCOTEK 401(K) PLAN 401k Plan overview

Plan Name	LINCOTEK 401(K) PLAN
Plan identification number	001

LINCOTEK 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.

401k Sponsoring company profile

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

Company Name: LINCOTEK

Employer identification number (EIN): 611710126

NAIC Classification: 327900

Additional information about LINCOTEK

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2014-09-16

Company Identification Number: 0802069262

Legal Registered Office Address: 14143 DENVER WEST PKWY STE 400

LAKEWOOD
United States of America (USA)
80401

More information about LINCOTEK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LINCOTEK 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-01-01
001 2020-01-01
001 2019-08-20
001 2019-08-20

Plan Statistics for LINCOTEK 401(K) PLAN

401k plan membership statisitcs for LINCOTEK 401(K) PLAN

Measure Date Value
2021: LINCOTEK 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 378
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 205
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 156
Total of all active and inactive participants 2021-01-01 361
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 362
Number of participants with account balances 2021-01-01 358
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: LINCOTEK 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 366
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 256
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 121
Total of all active and inactive participants 2020-01-01 377
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 1
Total participants 2020-01-01 378
Number of participants with account balances 2020-01-01 373
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: LINCOTEK 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-08-20 238
Total number of active participants reported on line 7a of the Form 5500 2019-08-20 249
Number of retired or separated participants receiving benefits 2019-08-20 0
Number of other retired or separated participants entitled to future benefits 2019-08-20 117
Total of all active and inactive participants 2019-08-20 366
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-08-20 0
Total participants 2019-08-20 366
Number of participants with account balances 2019-08-20 363
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-08-20 0

Measure	Date	Value
2021: LINCOTEK 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	378
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	205
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	156
Total of all active and inactive participants	2021-01-01	361
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	362
Number of participants with account balances	2021-01-01	358
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: LINCOTEK 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	366
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	256
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	121
Total of all active and inactive participants	2020-01-01	377
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	1
Total participants	2020-01-01	378
Number of participants with account balances	2020-01-01	373
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: LINCOTEK 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-08-20	238
Total number of active participants reported on line 7a of the Form 5500	2019-08-20	249
Number of retired or separated participants receiving benefits	2019-08-20	0
Number of other retired or separated participants entitled to future benefits	2019-08-20	117
Total of all active and inactive participants	2019-08-20	366
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-08-20	0
Total participants	2019-08-20	366
Number of participants with account balances	2019-08-20	363
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-08-20	0

Financial Data on LINCOTEK 401(K) PLAN

Measure	Date	Value
2021 : LINCOTEK 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$5,264,482
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$5,771,881
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$5,711,623
Expenses. Certain deemed distributions of participant loans	2021-12-31	$3,060
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,864,035
Value of total assets at end of year	2021-12-31	$25,838,495
Value of total assets at beginning of year	2021-12-31	$26,345,894
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$57,198
Total interest from all sources	2021-12-31	$27,559
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,382,824
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$1,382,824
Was this plan covered by a fidelity bond	2021-12-31	No
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$1,061,191
Participant contributions at end of year	2021-12-31	$547,782
Participant contributions at beginning of year	2021-12-31	$577,909
Other income not declared elsewhere	2021-12-31	$1,032
Administrative expenses (other) incurred	2021-12-31	$57,198
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$-507,399
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$25,838,495
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$26,345,894
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$23,359,881
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$23,285,931
Interest on participant loans	2021-12-31	$27,559
Value of interest in common/collective trusts at end of year	2021-12-31	$1,930,832
Value of interest in common/collective trusts at beginning of year	2021-12-31	$2,482,054
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,969,597
Net investment gain or loss from common/collective trusts	2021-12-31	$19,435
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$802,844
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$5,711,623
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2021-12-31	No
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	FUNARO & CO, P.C.
Accountancy firm EIN	2021-12-31	132871428
2020 : LINCOTEK 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$6,562,112
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,595,041
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,531,833
Expenses. Certain deemed distributions of participant loans	2020-12-31	$28,512
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$2,457,387
Value of total assets at end of year	2020-12-31	$26,345,894
Value of total assets at beginning of year	2020-12-31	$21,378,823
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$34,696
Total interest from all sources	2020-12-31	$30,894
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$654,274
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$654,274
Was this plan covered by a fidelity bond	2020-12-31	No
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$1,221,425
Participant contributions at end of year	2020-12-31	$577,909
Participant contributions at beginning of year	2020-12-31	$558,548
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$325,232
Other income not declared elsewhere	2020-12-31	$3,836
Administrative expenses (other) incurred	2020-12-31	$34,696
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$4,967,071
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$26,345,894
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$21,378,823
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$23,285,931
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$18,990,209
Interest on participant loans	2020-12-31	$30,894
Value of interest in common/collective trusts at end of year	2020-12-31	$2,482,054
Value of interest in common/collective trusts at beginning of year	2020-12-31	$1,830,066
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$3,391,996
Net investment gain or loss from common/collective trusts	2020-12-31	$23,725
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$910,730
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,531,833
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	SINGERLEWAK, LLP
Accountancy firm EIN	2020-12-31	952302617
2019 : LINCOTEK 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$19,973,180
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$2,314,527
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$908,884
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$892,998
Expenses. Certain deemed distributions of participant loans	2019-12-31	$10,143
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$747,488
Value of total assets at end of year	2019-12-31	$21,378,823
Value of total assets at beginning of year	2019-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$5,743
Total interest from all sources	2019-12-31	$11,396
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$559,131
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$559,131
Was this plan covered by a fidelity bond	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$428,549
Participant contributions at end of year	2019-12-31	$558,548
Participant contributions at beginning of year	2019-12-31	$0
Administrative expenses (other) incurred	2019-12-31	$5,743
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$1,405,643
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$21,378,823
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$18,990,209
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$0
Interest on participant loans	2019-12-31	$11,396
Value of interest in common/collective trusts at end of year	2019-12-31	$1,830,066
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$983,793
Net investment gain or loss from common/collective trusts	2019-12-31	$12,719
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$318,939
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$892,998
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No

Form 5500 Responses for LINCOTEK 401(K) PLAN

2021: LINCOTEK 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: LINCOTEK 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: LINCOTEK 401(K) PLAN 2019 form 5500 responses
2019-08-20	Type of plan entity	Single employer plan
2019-08-20	Submission has been amended	No
2019-08-20	This submission is the final filing	No
2019-08-20	This return/report is a short plan year return/report (less than 12 months)	Yes
2019-08-20	Plan is a collectively bargained plan	No
2019-08-20	Plan funding arrangement – Insurance	Yes
2019-08-20	Plan funding arrangement – Trust	Yes
2019-08-20	Plan benefit arrangement – Insurance	Yes
2019-08-20	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )

Policy contract number

DH1358

Policy instance

Insurance contract or identification number	DH1358
Number of Individuals Covered	366
Insurance policy start date	2019-08-20
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 $0
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	0
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

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Company Name:	LINCOTEK
Employer identification number (EIN):	611710126
NAIC Classification:	327900

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2014-09-16
Company Identification Number:	0802069262
Legal Registered Office Address:	14143 DENVER WEST PKWY STE 400 LAKEWOOD United States of America (USA) 80401