LOOP LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan LOOP LLC EMPLOYEE'S CASH BALANCE PLAN
Measure | Date | Value |
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2020: LOOP LLC EMPLOYEE'S CASH BALANCE PLAN 2020 401k membership |
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Market value of plan assets | 2020-03-01 | 199,757 |
Acturial value of plan assets | 2020-03-01 | 199,757 |
Funding target for retired participants and beneficiaries receiving payment | 2020-03-01 | 0 |
Number of terminated vested participants | 2020-03-01 | 0 |
Fundng target for terminated vested participants | 2020-03-01 | 0 |
Active participant vested funding target | 2020-03-01 | 0 |
Number of active participants | 2020-03-01 | 16 |
Total funding liabilities for active participants | 2020-03-01 | 127,302 |
Total participant count | 2020-03-01 | 16 |
Total funding target for all participants | 2020-03-01 | 127,302 |
Balance at beginning of prior year after applicable adjustments | 2020-03-01 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-03-01 | 0 |
Amount remaining of carryover balance | 2020-03-01 | 0 |
Amount remaining of prefunding balance | 2020-03-01 | 0 |
Present value of excess contributions | 2020-03-01 | 74,457 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-03-01 | 78,604 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-03-01 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-03-01 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-03-01 | 0 |
Balance of carryovers at beginning of current year | 2020-03-01 | 0 |
Balance of prefunding at beginning of current year | 2020-03-01 | 0 |
Total employer contributions | 2020-03-01 | 0 |
Total employee contributions | 2020-03-01 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-03-01 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-03-01 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-03-01 | 0 |
Unpaid minimum required contributions for all prior years | 2020-03-01 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-03-01 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-03-01 | 0 |
Minimum required contributions for current year target normal cost | 2020-03-01 | 15,444 |
Net shortfall amortization installment of oustanding balance | 2020-03-01 | 0 |
Waiver amortization installment | 2020-03-01 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-03-01 | 0 |
Carryover balance elected to use to offset funding requirement | 2020-03-01 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-03-01 | 0 |
Additional cash requirement | 2020-03-01 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2020-03-01 | 0 |
Unpaid minimum required contributions for current year | 2020-03-01 | 0 |
Unpaid minimum required contributions for all years | 2020-03-01 | 0 |
Total participants, beginning-of-year | 2020-01-01 | 16 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 0 |
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 | 0 |
Total of all active and inactive participants | 2020-01-01 | 0 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 0 |
2019: LOOP LLC EMPLOYEE'S CASH BALANCE PLAN 2019 401k membership |
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Market value of plan assets | 2019-12-31 | 68,887 |
Acturial value of plan assets | 2019-12-31 | 68,887 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 0 |
Number of terminated vested participants | 2019-12-31 | 0 |
Fundng target for terminated vested participants | 2019-12-31 | 0 |
Active participant vested funding target | 2019-12-31 | 0 |
Number of active participants | 2019-12-31 | 16 |
Total funding liabilities for active participants | 2019-12-31 | 46,248 |
Total participant count | 2019-12-31 | 16 |
Total funding target for all participants | 2019-12-31 | 46,248 |
Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
Amount remaining of carryover balance | 2019-12-31 | 0 |
Amount remaining of prefunding balance | 2019-12-31 | 0 |
Present value of excess contributions | 2019-12-31 | 65,154 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 68,887 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
Balance of prefunding at beginning of current year | 2019-12-31 | 0 |
Total employer contributions | 2019-12-31 | 130,000 |
Total employee contributions | 2019-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 118,911 |
Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-12-31 | 67,093 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 0 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 44,454 |
Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Additional cash requirement | 2019-12-31 | 44,454 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 118,911 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
Total participants, beginning-of-year | 2019-01-01 | 16 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 15 |
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 | 1 |
Total of all active and inactive participants | 2019-01-01 | 16 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 0 |
Total participants | 2019-01-01 | 16 |
2018: LOOP LLC EMPLOYEE'S CASH BALANCE PLAN 2018 401k membership |
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Market value of plan assets | 2018-12-31 | 0 |
Acturial value of plan assets | 2018-12-31 | 0 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 0 |
Number of terminated vested participants | 2018-12-31 | 0 |
Fundng target for terminated vested participants | 2018-12-31 | 0 |
Active participant vested funding target | 2018-12-31 | 0 |
Number of active participants | 2018-12-31 | 0 |
Total funding liabilities for active participants | 2018-12-31 | 0 |
Total participant count | 2018-12-31 | 0 |
Total funding target for all participants | 2018-12-31 | 0 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 0 |
Amount remaining of carryover balance | 2018-12-31 | 0 |
Amount remaining of prefunding balance | 2018-12-31 | 0 |
Present value of excess contributions | 2018-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
Balance of prefunding at beginning of current year | 2018-12-31 | 0 |
Total employer contributions | 2018-12-31 | 70,000 |
Total employee contributions | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 65,154 |
Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 0 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 0 |
Additional cash requirement | 2018-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 65,154 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
Total participants, beginning-of-year | 2018-01-01 | 0 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 16 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 0 |
Total of all active and inactive participants | 2018-01-01 | 16 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 0 |
Total participants | 2018-01-01 | 16 |
Measure | Date | Value |
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2020 : LOOP LLC EMPLOYEE'S CASH BALANCE PLAN 2020 401k financial data |
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Transfers to/from the plan | 2020-03-01 | $-206,639 |
Total plan liabilities at end of year | 2020-03-01 | $0 |
Total income from all sources | 2020-03-01 | $2,417 |
Expenses. Total of all expenses incurred | 2020-03-01 | $0 |
Total plan assets at end of year | 2020-03-01 | $0 |
Total plan assets at beginning of year | 2020-03-01 | $204,222 |
Value of fidelity bond covering the plan | 2020-03-01 | $500,000 |
Other income received | 2020-03-01 | $2,417 |
Net income (gross income less expenses) | 2020-03-01 | $2,417 |
Net plan assets at end of year (total assets less liabilities) | 2020-03-01 | $0 |
Net plan assets at beginning of year (total assets less liabilities) | 2020-03-01 | $204,222 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-03-01 | $0 |
2019 : LOOP LLC EMPLOYEE'S CASH BALANCE PLAN 2019 401k financial data |
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Total income from all sources | 2019-12-31 | $134,222 |
Expenses. Total of all expenses incurred | 2019-12-31 | $0 |
Total plan assets at end of year | 2019-12-31 | $204,222 |
Total plan assets at beginning of year | 2019-12-31 | $70,000 |
Value of fidelity bond covering the plan | 2019-12-31 | $500,000 |
Other income received | 2019-12-31 | $4,222 |
Net income (gross income less expenses) | 2019-12-31 | $134,222 |
Net plan assets at end of year (total assets less liabilities) | 2019-12-31 | $204,222 |
Net plan assets at beginning of year (total assets less liabilities) | 2019-12-31 | $70,000 |
Total contributions received or receivable from employer(s) | 2019-12-31 | $130,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
2018 : LOOP LLC EMPLOYEE'S CASH BALANCE PLAN 2018 401k financial data |
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Total income from all sources | 2018-12-31 | $70,000 |
Expenses. Total of all expenses incurred | 2018-12-31 | $0 |
Total plan assets at end of year | 2018-12-31 | $70,000 |
Total plan assets at beginning of year | 2018-12-31 | $0 |
Value of fidelity bond covering the plan | 2018-12-31 | $500,000 |
Net income (gross income less expenses) | 2018-12-31 | $70,000 |
Net plan assets at end of year (total assets less liabilities) | 2018-12-31 | $70,000 |
Net plan assets at beginning of year (total assets less liabilities) | 2018-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2018-12-31 | $70,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |