401k Plan data: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN plan

LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	002

LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Stock bonus Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP. The employer maintaining this ESOP is an S Corporation Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

LIFETIME INDUSTRIES HOLDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name: LIFETIME INDUSTRIES HOLDINGS, INC.

Employer identification number (EIN): 821832871

NAIC Classification: 236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP 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 2017-01-01 RONALD MOORE

Plan Statistics for LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 48
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 39
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 6
Total of all active and inactive participants 2022-01-01 45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 45
Number of participants with account balances 2022-01-01 43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 1
2021: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 45
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 34
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 3
Total of all active and inactive participants 2021-01-01 38
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 38
Number of participants with account balances 2021-01-01 38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 3
2020: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 41
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 34
Number of retired or separated participants receiving benefits 2020-01-01 1
Number of other retired or separated participants entitled to future benefits 2020-01-01 2
Total of all active and inactive participants 2020-01-01 37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 37
Number of participants with account balances 2020-01-01 37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 3
2019: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 39
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 31
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 5
Total of all active and inactive participants 2019-01-01 36
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 36
Number of participants with account balances 2019-01-01 34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 4
2017: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 31
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 28
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 28
Number of participants with account balances 2017-01-01 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 3

Measure	Date	Value
2022: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	48
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	39
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	6
Total of all active and inactive participants	2022-01-01	45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	45
Number of participants with account balances	2022-01-01	43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	1
2021: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	45
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	34
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	3
Total of all active and inactive participants	2021-01-01	38
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	38
Number of participants with account balances	2021-01-01	38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	3
2020: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	41
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	34
Number of retired or separated participants receiving benefits	2020-01-01	1
Number of other retired or separated participants entitled to future benefits	2020-01-01	2
Total of all active and inactive participants	2020-01-01	37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	37
Number of participants with account balances	2020-01-01	37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	3
2019: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	39
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	31
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	5
Total of all active and inactive participants	2019-01-01	36
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	36
Number of participants with account balances	2019-01-01	34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	4
2017: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	31
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	28
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	28
Number of participants with account balances	2017-01-01	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	3

Financial Data on LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2022 : LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$4,681,370
Total plan liabilities at beginning of year	2022-12-31	$4,559,184
Total income from all sources	2022-12-31	$475,067
Expenses. Total of all expenses incurred	2022-12-31	$151,153
Benefits paid (including direct rollovers)	2022-12-31	$28,967
Total plan assets at end of year	2022-12-31	$8,352,877
Total plan assets at beginning of year	2022-12-31	$7,906,777
Value of fidelity bond covering the plan	2022-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2022-12-31	$122,186
Other income received	2022-12-31	$100,000
Net income (gross income less expenses)	2022-12-31	$323,914
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$3,671,507
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$3,347,593
Assets. Value of employer securities	2022-12-31	$8,000,000
Total contributions received or receivable from employer(s)	2022-12-31	$375,067
2021 : LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$4,559,184
Total plan liabilities at beginning of year	2021-12-31	$4,730,723
Total income from all sources	2021-12-31	$3,199,443
Expenses. Total of all expenses incurred	2021-12-31	$127,904
Benefits paid (including direct rollovers)	2021-12-31	$1,121
Total plan assets at end of year	2021-12-31	$7,906,777
Total plan assets at beginning of year	2021-12-31	$5,006,777
Value of fidelity bond covering the plan	2021-12-31	$770,000
Expenses. Other expenses not covered elsewhere	2021-12-31	$126,783
Other income received	2021-12-31	$2,900,000
Net income (gross income less expenses)	2021-12-31	$3,071,539
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$3,347,593
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$276,054
Assets. Value of employer securities	2021-12-31	$7,900,000
Total contributions received or receivable from employer(s)	2021-12-31	$299,443
2020 : LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Total plan liabilities at end of year	2020-12-31	$4,730,723
Total plan liabilities at beginning of year	2020-12-31	$4,897,784
Total income from all sources	2020-12-31	$3,717,853
Expenses. Total of all expenses incurred	2020-12-31	$145,215
Benefits paid (including direct rollovers)	2020-12-31	$13,829
Total plan assets at end of year	2020-12-31	$5,006,777
Total plan assets at beginning of year	2020-12-31	$1,601,200
Value of fidelity bond covering the plan	2020-12-31	$600,000
Expenses. Other expenses not covered elsewhere	2020-12-31	$131,386
Other income received	2020-12-31	$3,400,000
Net income (gross income less expenses)	2020-12-31	$3,572,638
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$276,054
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$-3,296,584
Assets. Value of employer securities	2020-12-31	$5,000,000
Total contributions received or receivable from employer(s)	2020-12-31	$317,853
2019 : LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Total plan liabilities at end of year	2019-12-31	$4,897,784
Total plan liabilities at beginning of year	2019-12-31	$5,060,486
Total income from all sources	2019-12-31	$800,719
Expenses. Total of all expenses incurred	2019-12-31	$138,017
Benefits paid (including direct rollovers)	2019-12-31	$2,327
Total plan assets at end of year	2019-12-31	$1,601,200
Total plan assets at beginning of year	2019-12-31	$1,101,200
Value of fidelity bond covering the plan	2019-12-31	$600,000
Expenses. Other expenses not covered elsewhere	2019-12-31	$135,690
Other income received	2019-12-31	$500,000
Net income (gross income less expenses)	2019-12-31	$662,702
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$-3,296,584
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$-3,959,286
Assets. Value of employer securities	2019-12-31	$1,600,000
Total contributions received or receivable from employer(s)	2019-12-31	$300,719
2018 : LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total plan liabilities at end of year	2018-12-31	$5,060,486
Total plan liabilities at beginning of year	2018-12-31	$5,529,233
Total income from all sources	2018-12-31	$911,128
Expenses. Total of all expenses incurred	2018-12-31	$140,703
Total plan assets at end of year	2018-12-31	$1,101,200
Total plan assets at beginning of year	2018-12-31	$799,522
Value of fidelity bond covering the plan	2018-12-31	$600,000
Expenses. Other expenses not covered elsewhere	2018-12-31	$140,703
Other income received	2018-12-31	$600,000
Net income (gross income less expenses)	2018-12-31	$770,425
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$-3,959,286
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$-4,729,711
Assets. Value of employer securities	2018-12-31	$1,100,000
Total contributions received or receivable from employer(s)	2018-12-31	$311,128
2017 : LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Total plan liabilities at end of year	2017-12-31	$5,529,233
Total income from all sources	2017-12-31	$-5,200,478
Expenses. Total of all expenses incurred	2017-12-31	$79,233
Total plan assets at end of year	2017-12-31	$799,522
Total plan assets at beginning of year	2017-12-31	$550,000
Value of fidelity bond covering the plan	2017-12-31	$600,000
Expenses. Other expenses not covered elsewhere	2017-12-31	$79,233
Other income received	2017-12-31	$-5,500,000
Net income (gross income less expenses)	2017-12-31	$-5,279,711
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$-4,729,711
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$550,000
Assets. Value of employer securities	2017-12-31	$500,000
Total contributions received or receivable from employer(s)	2017-12-31	$299,522

Form 5500 Responses for LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN

2022: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2017: LIFETIME INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	LIFETIME INDUSTRIES HOLDINGS, INC.
Employer identification number (EIN):	821832871
NAIC Classification:	236200