LBC CREDIT MANAGEMENT LP

555 E LANCASTER AVE
WAYNE, PA 19087

Business Stats

Policy History

Term Carrier Premium LCM
2023
04-01-2022

2.376
(Current: 2.640)
2023
04-01-2022

1.191
2022

1.892
2022

1.268

Contacts

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(749) 663-2143
ecd6c

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 9,584,038 $ 1,266,254 $ 1,960,674 $ 8,437,101 $ 2,442,545 $ 2,193,217 $ 9,893,456 $ 4,114,748 $ 7,264,010 $ 1,509,899 $ 2,822,325 $ 509,489
Liabilities: $ 0 $ 6 $ 15 $ 96
EE Contrib: $ 1,158,162 $ 133,557 $ 565,211 $ 127,995 $ 596,856 $ 498,570 $ 793,692 $ 319,386 $ 941,452 $ 321,404 $ 322,859 $ 936,799
Emp Contrib: $ 275,854 $ 892,047 $ 691,918 $ 139,430 $ 227,791 $ 473,875 $ 882,604 $ 37,334 $ 741,372 $ 33,505 $ 78,282 $ 21,416
Income/Loss: $ 1,651,515 $ 5,418,912 $ 9,774,869($ 379,337) $ 318,832 $ 293,849($ 32,201) $ 873,920 $ 565,227 $ 481,242($ 899) $ 91,121
Total Income: $ 3,085,531 $ 5,548,672 $ 9,030,524 $ 795,986 $ 9,725,453 $ 689,610 $ 84,362 $ 118,008 $ 124,791 $ 241,202 $ 482,940 $ 764,697
Paid Benefits: $ 23,437 $ 60,115 $ 45,702 $ 91,440 $ 990,688 $ 24,905 $ 48,041 $ 285,334 $ 810 $ 998,296 $ 4,180 $ 19
Expenses: $ 0 $ 6 $ 352 $ 7 $ 26 $ 2 $ 26 $ 9
  Commission: $ 223 $ 329 $ 874 $ 798 $ 66 $ 882 $ 48 $ 569 $ 1 $ 9
Net Income: $ 3,061,871 $ 9,258,903 $ 2,103,705 $ 223,690 $ 164,029 $ 249,601 $ 84,578 $ 44,925 $ 208,049($ 54,818) $ 515,430 $ 169,005
Net Assets: $ 12,645,909 $ 6,324,671 $ 1,086,561 $ 3,869,111 $ 3,229,454 $ 4,221,024 $ 8,068,353 $ 2,303,052 $ 9,636,786 $ 7,444,674 $ 3,620,879 $ 9,116,390

Participants

202120202019201820172016201520142013201220112010
Total Participants:911499002615170246199705
Active Part.:653980727870329740990594
Retired Part.:0 2ceb3cbfb2ec57
Deceased Part.:aff89885feb336ab883

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2E - Profit-sharing

    2G - Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.

    2J - Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.

    2K - Stock bonusCode section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.

    2F - ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.

    2T - Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

    3B - Plan covering Self-Employed individuals.

    3H - Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).