LIBERTY MARITIME SERVICES CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan LIBERTY MARITIME SERVICES 401(K) PLAN
Measure | Date | Value |
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2022: LIBERTY MARITIME SERVICES 401(K) PLAN 2022 401k membership |
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Total participants, beginning-of-year | 2022-01-01 | 103 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 89 |
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 | 24 |
Total of all active and inactive participants | 2022-01-01 | 113 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 1 |
Total participants | 2022-01-01 | 114 |
Number of participants with account balances | 2022-01-01 | 114 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 11 |
2021: LIBERTY MARITIME SERVICES 401(K) PLAN 2021 401k membership |
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Total participants, beginning-of-year | 2021-01-01 | 95 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 84 |
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 | 19 |
Total of all active and inactive participants | 2021-01-01 | 103 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 103 |
Number of participants with account balances | 2021-01-01 | 103 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 3 |
2020: LIBERTY MARITIME SERVICES 401(K) PLAN 2020 401k membership |
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Total participants, beginning-of-year | 2020-01-01 | 74 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 77 |
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 | 18 |
Total of all active and inactive participants | 2020-01-01 | 95 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 95 |
Number of participants with account balances | 2020-01-01 | 95 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 5 |
Measure | Date | Value |
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2022 : LIBERTY MARITIME SERVICES 401(K) PLAN 2022 401k financial data |
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Transfers to/from the plan | 2022-12-31 | $0 |
Total plan liabilities at end of year | 2022-12-31 | $0 |
Total plan liabilities at beginning of year | 2022-12-31 | $0 |
Total income from all sources | 2022-12-31 | $-3,147,014 |
Expenses. Total of all expenses incurred | 2022-12-31 | $2,489,587 |
Benefits paid (including direct rollovers) | 2022-12-31 | $2,476,085 |
Total plan assets at end of year | 2022-12-31 | $27,416,295 |
Total plan assets at beginning of year | 2022-12-31 | $33,052,896 |
Value of fidelity bond covering the plan | 2022-12-31 | $1,000,000 |
Total contributions received or receivable from participants | 2022-12-31 | $1,039,913 |
Expenses. Other expenses not covered elsewhere | 2022-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2022-12-31 | $53,532 |
Other income received | 2022-12-31 | $-5,034,432 |
Noncash contributions received | 2022-12-31 | $0 |
Net income (gross income less expenses) | 2022-12-31 | $-5,636,601 |
Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $27,416,295 |
Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $33,052,896 |
Assets. Value of participant loans | 2022-12-31 | $136,052 |
Total contributions received or receivable from employer(s) | 2022-12-31 | $793,973 |
Value of certain deemed distributions of participant loans | 2022-12-31 | $0 |
Value of corrective distributions | 2022-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $13,502 |
2021 : LIBERTY MARITIME SERVICES 401(K) PLAN 2021 401k financial data |
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Transfers to/from the plan | 2021-12-31 | $0 |
Total plan liabilities at end of year | 2021-12-31 | $0 |
Total plan liabilities at beginning of year | 2021-12-31 | $0 |
Total income from all sources | 2021-12-31 | $5,926,212 |
Expenses. Total of all expenses incurred | 2021-12-31 | $773,703 |
Benefits paid (including direct rollovers) | 2021-12-31 | $742,339 |
Total plan assets at end of year | 2021-12-31 | $33,052,896 |
Total plan assets at beginning of year | 2021-12-31 | $27,900,387 |
Value of fidelity bond covering the plan | 2021-12-31 | $1,000,000 |
Total contributions received or receivable from participants | 2021-12-31 | $839,975 |
Expenses. Other expenses not covered elsewhere | 2021-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2021-12-31 | $17,434 |
Other income received | 2021-12-31 | $4,392,207 |
Noncash contributions received | 2021-12-31 | $0 |
Net income (gross income less expenses) | 2021-12-31 | $5,152,509 |
Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $33,052,896 |
Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $27,900,387 |
Assets. Value of participant loans | 2021-12-31 | $196,639 |
Total contributions received or receivable from employer(s) | 2021-12-31 | $676,596 |
Value of certain deemed distributions of participant loans | 2021-12-31 | $0 |
Value of corrective distributions | 2021-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $31,364 |
2020 : LIBERTY MARITIME SERVICES 401(K) PLAN 2020 401k financial data |
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Transfers to/from the plan | 2020-12-31 | $23,763,115 |
Total plan liabilities at end of year | 2020-12-31 | $0 |
Total plan liabilities at beginning of year | 2020-12-31 | $0 |
Total income from all sources | 2020-12-31 | $4,648,822 |
Expenses. Total of all expenses incurred | 2020-12-31 | $511,550 |
Benefits paid (including direct rollovers) | 2020-12-31 | $494,083 |
Total plan assets at end of year | 2020-12-31 | $27,900,387 |
Total plan assets at beginning of year | 2020-12-31 | $0 |
Value of fidelity bond covering the plan | 2020-12-31 | $1,000,000 |
Total contributions received or receivable from participants | 2020-12-31 | $738,786 |
Expenses. Other expenses not covered elsewhere | 2020-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2020-12-31 | $7,659 |
Other income received | 2020-12-31 | $3,264,868 |
Noncash contributions received | 2020-12-31 | $0 |
Net income (gross income less expenses) | 2020-12-31 | $4,137,272 |
Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $27,900,387 |
Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $0 |
Assets. Value of participant loans | 2020-12-31 | $207,310 |
Total contributions received or receivable from employer(s) | 2020-12-31 | $637,509 |
Value of certain deemed distributions of participant loans | 2020-12-31 | $0 |
Value of corrective distributions | 2020-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $17,467 |
2022: LIBERTY MARITIME SERVICES 401(K) PLAN 2022 form 5500 responses |
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2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Submission has been amended | Yes |
2022-01-01 | This submission is the final filing | No |
2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-01-01 | Plan is a collectively bargained plan | No |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2021: LIBERTY MARITIME SERVICES 401(K) PLAN 2021 form 5500 responses |
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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: LIBERTY MARITIME SERVICES 401(K) PLAN 2020 form 5500 responses |
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2020-01-01 | Type of plan entity | Single employer plan |
2020-01-01 | First time form 5500 has been submitted | Yes |
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 |