Lcs Holdings, 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.

Lcs Holdings, Inc. 401(k) Plan Facts (plan year 2020)

Plan name
LCS HOLDINGS, INC. RETIREMENT AND 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LCS HOLDINGS, INC.
Participants
8,736 (12,458 active employees)
Former employees with a balance
576
Plan assets
$194,935,020 at Dec 31, 2020
Average account balance
$51,707 across 3,770 accounts
Employer contributions
$4,986,243 in plan year 2020 (16% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Apr 1, 1984
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 Aug 11, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $31.8 million went into the plan in contributions, $4.99 million of it from the employer (16%).
  • $16.7 million was paid out to participants.
  • Investment and other income added $25.4 million.
  • Administrative expenses were $353,345, about $94 per account.

How the Lcs Holdings, Inc. 401(k) changed, 20152020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20154,405$85.3 million$3.13 million$6.42 million
20165,042$98.7 million$3.47 million$9.55 million
20175,941$117.6 million$3.77 million$10.7 million
20186,190$114.1 million$3.57 million$12.7 million
20197,339$154.8 million$4.60 million$11.1 million
20208,736$194.9 million$4.99 million$16.7 million

Lcs Holdings, Inc. 401(k) Contact Information

Phone
515-875-4500
Mailing address
400 LOCUST ST STE 820, DES MOINES IA 503092334
Plan sponsor
LCS HOLDINGS, INC.
Employer identification number (EIN)
42-1197410
Plan number
001

Questions about the Lcs Holdings, Inc. 401(k)

Is the Lcs Holdings, 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 Lcs Holdings, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $4.99 million, 16% of all contributions.

Does the Lcs Holdings, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Lcs Holdings, Inc 401(k) plan?

8,736 participants at the start of plan year 2020, 12,458 of them active employees, and 576 former employees who still had money in the plan.

What is the average 401(k) balance at Lcs Holdings, Inc?

About $51,707 per account: $194.9 million in plan assets across 3,770 accounts with a balance at the end of plan year 2020.

Who manages the Lcs Holdings, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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