401k Plan data: LMC CORPORATION DEFINED BENEFIT PENSION PLAN plan

LMC CORPORATION DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan Name	LMC CORPORATION DEFINED BENEFIT PENSION PLAN
Plan identification number	002

LMC CORPORATION DEFINED BENEFIT PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
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

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

Company Name: LMC CORPORATION

Employer identification number (EIN): 760329419

NAIC Classification: 236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LMC CORPORATION DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2019-01-01
002 2018-01-01
002 2017-01-01
002 2016-01-01
002 2015-01-01
002 2015-01-01
002 2014-01-01 JERRY R. LEE 2015-10-03
002 2013-01-01 JERRY R. LEE 2014-10-09
002 2012-01-01 JERRY R. LEE 2013-10-06
002 2011-01-01 JERRY R. LEE 2012-10-11
002 2010-01-01 JERRY R. LEE 2011-10-01

Plan Statistics for LMC CORPORATION DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for LMC CORPORATION DEFINED BENEFIT PENSION PLAN

Measure Date Value
2022: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets 2022-12-31 2,012,587
Acturial value of plan assets 2022-12-31 2,012,587
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 1,267,924
Number of terminated vested participants 2022-12-31 0
Fundng target for terminated vested participants 2022-12-31 0
Active participant vested funding target 2022-12-31 855,142
Number of active participants 2022-12-31 3
Total funding liabilities for active participants 2022-12-31 855,142
Total participant count 2022-12-31 5
Total funding target for all participants 2022-12-31 2,123,066
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 70,683
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 70,683
Present value of excess contributions 2022-12-31 201,325
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 212,700
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 212,700
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 287,546
Total employer contributions 2022-12-31 0
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 0
Net shortfall amortization installment of oustanding balance 2022-12-31 398,025
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 36,782
Prefunding balance elected to use to offset funding requirement 2022-12-31 36,782
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 1,752,381
Acturial value of plan assets 2021-12-31 1,752,381
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 1,326,531
Number of terminated vested participants 2021-12-31 0
Fundng target for terminated vested participants 2021-12-31 0
Active participant vested funding target 2021-12-31 775,591
Number of active participants 2021-12-31 3
Total funding liabilities for active participants 2021-12-31 775,591
Total participant count 2021-12-31 5
Total funding target for all participants 2021-12-31 2,102,122
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 0
Present value of excess contributions 2021-12-31 184,760
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 194,959
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 194,959
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 124,276
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 70,683
Total employer contributions 2021-12-31 350,000
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 314,465
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 0
Net shortfall amortization installment of oustanding balance 2021-12-31 420,424
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 113,140
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 113,140
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 314,465
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 1,975,473
Acturial value of plan assets 2020-12-31 1,975,473
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 1,420,263
Number of terminated vested participants 2020-12-31 6
Fundng target for terminated vested participants 2020-12-31 264,126
Active participant vested funding target 2020-12-31 752,762
Number of active participants 2020-12-31 3
Total funding liabilities for active participants 2020-12-31 752,762
Total participant count 2020-12-31 11
Total funding target for all participants 2020-12-31 2,437,151
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 213
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 213
Present value of excess contributions 2020-12-31 119,920
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 126,683
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 126,683
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 126,924
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 0
Total employer contributions 2020-12-31 325,000
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 306,204
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 0
Net shortfall amortization installment of oustanding balance 2020-12-31 461,678
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 121,444
Additional cash requirement 2020-12-31 121,444
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 306,204
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 1,664,812
Acturial value of plan assets 2019-12-31 1,664,812
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 1,415,394
Number of terminated vested participants 2019-12-31 6
Fundng target for terminated vested participants 2019-12-31 260,984
Active participant vested funding target 2019-12-31 684,077
Number of active participants 2019-12-31 3
Total funding liabilities for active participants 2019-12-31 684,077
Total participant count 2019-12-31 11
Total funding target for all participants 2019-12-31 2,360,455
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 18
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 18
Present value of excess contributions 2019-12-31 185
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 196
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 196
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 2019-12-31 213
Total employer contributions 2019-12-31 300,000
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 2019-12-31 267,335
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 0
Net shortfall amortization installment of oustanding balance 2019-12-31 695,856
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 181,202
Additional cash requirement 2019-12-31 181,202
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 267,335
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 1,755,432
Acturial value of plan assets 2018-12-31 1,755,432
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 1,445,474
Number of terminated vested participants 2018-12-31 5
Fundng target for terminated vested participants 2018-12-31 183,968
Active participant vested funding target 2018-12-31 695,661
Number of active participants 2018-12-31 5
Total funding liabilities for active participants 2018-12-31 695,661
Total participant count 2018-12-31 11
Total funding target for all participants 2018-12-31 2,325,103
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 29
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 12
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 17
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 18
Total employer contributions 2018-12-31 160,600
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 2018-12-31 141,551
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 2018-12-31 569,689
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 141,366
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 141,366
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 141,551
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,745,444
Acturial value of plan assets 2017-12-31 1,745,444
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 1,391,532
Number of terminated vested participants 2017-12-31 5
Fundng target for terminated vested participants 2017-12-31 158,533
Active participant vested funding target 2017-12-31 600,564
Number of active participants 2017-12-31 5
Total funding liabilities for active participants 2017-12-31 605,221
Total participant count 2017-12-31 11
Total funding target for all participants 2017-12-31 2,155,286
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 141
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 113
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 28
Present value of excess contributions 2017-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 29
Total employer contributions 2017-12-31 116,103
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 101,367
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 0
Net shortfall amortization installment of oustanding balance 2017-12-31 409,871
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 101,379
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 12
Additional cash requirement 2017-12-31 101,367
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 101,367
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,729,636
Acturial value of plan assets 2016-12-31 1,729,636
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 1,430,655
Number of terminated vested participants 2016-12-31 5
Fundng target for terminated vested participants 2016-12-31 140,180
Active participant vested funding target 2016-12-31 536,512
Number of active participants 2016-12-31 6
Total funding liabilities for active participants 2016-12-31 545,152
Total participant count 2016-12-31 12
Total funding target for all participants 2016-12-31 2,115,987
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 29,226
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 29,082
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 144
Present value of excess contributions 2016-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 141
Total employer contributions 2016-12-31 127,082
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 110,591
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 0
Net shortfall amortization installment of oustanding balance 2016-12-31 386,492
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 110,704
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 113
Additional cash requirement 2016-12-31 110,591
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 110,591
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets	2022-12-31	2,012,587
Acturial value of plan assets	2022-12-31	2,012,587
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	1,267,924
Number of terminated vested participants	2022-12-31	0
Fundng target for terminated vested participants	2022-12-31	0
Active participant vested funding target	2022-12-31	855,142
Number of active participants	2022-12-31	3
Total funding liabilities for active participants	2022-12-31	855,142
Total participant count	2022-12-31	5
Total funding target for all participants	2022-12-31	2,123,066
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	70,683
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	70,683
Present value of excess contributions	2022-12-31	201,325
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	212,700
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	212,700
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	287,546
Total employer contributions	2022-12-31	0
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	0
Net shortfall amortization installment of oustanding balance	2022-12-31	398,025
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	36,782
Prefunding balance elected to use to offset funding requirement	2022-12-31	36,782
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	1,752,381
Acturial value of plan assets	2021-12-31	1,752,381
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	1,326,531
Number of terminated vested participants	2021-12-31	0
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	775,591
Number of active participants	2021-12-31	3
Total funding liabilities for active participants	2021-12-31	775,591
Total participant count	2021-12-31	5
Total funding target for all participants	2021-12-31	2,102,122
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	184,760
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	194,959
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	194,959
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	124,276
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	70,683
Total employer contributions	2021-12-31	350,000
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	314,465
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	0
Net shortfall amortization installment of oustanding balance	2021-12-31	420,424
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	113,140
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	113,140
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	314,465
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	1,975,473
Acturial value of plan assets	2020-12-31	1,975,473
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	1,420,263
Number of terminated vested participants	2020-12-31	6
Fundng target for terminated vested participants	2020-12-31	264,126
Active participant vested funding target	2020-12-31	752,762
Number of active participants	2020-12-31	3
Total funding liabilities for active participants	2020-12-31	752,762
Total participant count	2020-12-31	11
Total funding target for all participants	2020-12-31	2,437,151
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	213
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	213
Present value of excess contributions	2020-12-31	119,920
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	126,683
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	126,683
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	126,924
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	0
Total employer contributions	2020-12-31	325,000
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	306,204
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	0
Net shortfall amortization installment of oustanding balance	2020-12-31	461,678
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	121,444
Additional cash requirement	2020-12-31	121,444
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	306,204
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	1,664,812
Acturial value of plan assets	2019-12-31	1,664,812
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	1,415,394
Number of terminated vested participants	2019-12-31	6
Fundng target for terminated vested participants	2019-12-31	260,984
Active participant vested funding target	2019-12-31	684,077
Number of active participants	2019-12-31	3
Total funding liabilities for active participants	2019-12-31	684,077
Total participant count	2019-12-31	11
Total funding target for all participants	2019-12-31	2,360,455
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	18
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	18
Present value of excess contributions	2019-12-31	185
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	196
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	196
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	213
Total employer contributions	2019-12-31	300,000
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	267,335
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	0
Net shortfall amortization installment of oustanding balance	2019-12-31	695,856
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	181,202
Additional cash requirement	2019-12-31	181,202
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	267,335
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	1,755,432
Acturial value of plan assets	2018-12-31	1,755,432
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	1,445,474
Number of terminated vested participants	2018-12-31	5
Fundng target for terminated vested participants	2018-12-31	183,968
Active participant vested funding target	2018-12-31	695,661
Number of active participants	2018-12-31	5
Total funding liabilities for active participants	2018-12-31	695,661
Total participant count	2018-12-31	11
Total funding target for all participants	2018-12-31	2,325,103
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	29
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	12
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	17
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	18
Total employer contributions	2018-12-31	160,600
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	141,551
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	569,689
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	141,366
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	141,366
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	141,551
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,745,444
Acturial value of plan assets	2017-12-31	1,745,444
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	1,391,532
Number of terminated vested participants	2017-12-31	5
Fundng target for terminated vested participants	2017-12-31	158,533
Active participant vested funding target	2017-12-31	600,564
Number of active participants	2017-12-31	5
Total funding liabilities for active participants	2017-12-31	605,221
Total participant count	2017-12-31	11
Total funding target for all participants	2017-12-31	2,155,286
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	141
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	113
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	28
Present value of excess contributions	2017-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	29
Total employer contributions	2017-12-31	116,103
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	101,367
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	0
Net shortfall amortization installment of oustanding balance	2017-12-31	409,871
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	101,379
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	12
Additional cash requirement	2017-12-31	101,367
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	101,367
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: LMC CORPORATION DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,729,636
Acturial value of plan assets	2016-12-31	1,729,636
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	1,430,655
Number of terminated vested participants	2016-12-31	5
Fundng target for terminated vested participants	2016-12-31	140,180
Active participant vested funding target	2016-12-31	536,512
Number of active participants	2016-12-31	6
Total funding liabilities for active participants	2016-12-31	545,152
Total participant count	2016-12-31	12
Total funding target for all participants	2016-12-31	2,115,987
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	29,226
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	29,082
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	144
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	141
Total employer contributions	2016-12-31	127,082
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	110,591
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	0
Net shortfall amortization installment of oustanding balance	2016-12-31	386,492
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	110,704
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	113
Additional cash requirement	2016-12-31	110,591
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	110,591
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	LMC CORPORATION
Employer identification number (EIN):	760329419
NAIC Classification:	236200

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2022-01-01
002	2021-01-01
002	2020-01-01
002	2019-01-01
002	2019-01-01
002	2018-01-01
002	2017-01-01
002	2016-01-01
002	2015-01-01
002	2015-01-01
002	2014-01-01	JERRY R. LEE	2015-10-03
002	2013-01-01	JERRY R. LEE	2014-10-09
002	2012-01-01	JERRY R. LEE	2013-10-06
002	2011-01-01	JERRY R. LEE	2012-10-11
002	2010-01-01	JERRY R. LEE	2011-10-01