Lane Enterprises, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2020. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Lane Enterprises, Inc. 401(k) Plan Facts (plan year 2020)

Plan name
LANE'S RETIREMENT SAVINGS AND PENSION PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LANE ENTERPRISES, INC.
Participants
385 (341 active employees)
Former employees with a balance
36
Plan assets
$22,313,495 at Dec 31, 2020
Average account balance
$61,982 across 360 accounts
Employer contributions
$337,350 in plan year 2020 (21% of all contributions)
Recordkeeper
Conrad Siegel Actuaries
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jul 1, 1986
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 4, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $1.58 million went into the plan in contributions, $337,350 of it from the employer (21%).
  • $1.58 million was paid out to participants.
  • Investment and other income added $2.37 million.
  • Administrative expenses were $64,896, about $180 per account.

How the Lane Enterprises, Inc. 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015299$16.1 million$209,274$2.49 million
2016293$16.1 million$211,839$2.34 million
2017296$18.1 million$228,205$1.27 million
2018307$16.2 million$253,054$1.96 million
2019368$20.0 million$305,559$868,457
2020385$22.3 million$337,350$1.58 million

Lane Enterprises, Inc. 401(k) Contact Information

Phone
717-761-8175
Mailing address
3905 HARTZDALE DRIVE SUITE 514, CAMP HILL PA 170117829
Plan sponsor
LANE ENTERPRISES, INC.
Employer identification number (EIN)
23-2383584
Plan number
001

Questions about the Lane Enterprises, Inc. 401(k)

Is the Lane Enterprises, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.

Does Lane Enterprises, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $337,350, 21% of all contributions.

Does the Lane Enterprises, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Lane Enterprises, Inc 401(k) plan?

385 participants at the start of plan year 2020, 341 of them active employees, and 36 former employees who still had money in the plan.

What is the average 401(k) balance at Lane Enterprises, Inc?

About $61,982 per account: $22.3 million in plan assets across 360 accounts with a balance at the end of plan year 2020.

Who manages the Lane Enterprises, Inc 401(k) accounts?

CONRAD SIEGEL ACTUARIES is the plan's recordkeeper, which is where participants log in to see their balance.

Related Companies
Headquarter: 4389 INTERNATIONAL GATEWAY, COLUMBUS, OH, 43219
Headquarter: 8001 JETSTAR DRIVE, SUITE 175, IRVING, TX, 75063
Headquarter: 1200 SMITH STREET, 36TH FLOOR, HOUSTON, TX, 77002
Headquarter: 1111 LOUISIANA ST, HOUSTON, TX, 770025230
Headquarter: 500 WOODWARD AVENUE, DETROIT, MI, 48226