B & G ELECTRICAL CONTRACTORS OF has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan B & G ELECTRICAL CONTRACTORS OF NY, INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2025 : B & G ELECTRICAL CONTRACTORS OF NY, INC. 401(K) PLAN 2025 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2025-09-03 | 1018910 |
| Net assets as of the end of the plan year | 2025-09-03 | 9279859 |
| Total assets as of the beginning of the plan year | 2025-09-03 | 8620130 |
| Value of plan covered by a fidelity bond | 2025-09-03 | 500000 |
| Participant contributions to plan in this plan year | 2025-09-03 | 532121 |
| Value of participant loans at end of plan year | 2025-09-03 | 138992 |
| Other contributions to plan in this plan year | 2025-09-03 | 3420 |
| Other income to plan in this plan year | 2025-09-03 | 942998 |
| Plan net income in this plan year | 2025-09-03 | 659729 |
| Net assets as of the end of the plan year | 2025-09-03 | 9279859 |
| Net assets as of the beginning of the plan year | 2025-09-03 | 8620130 |
| Employer contributions to plan in this plan year | 2025-09-03 | 200100 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-09-03 | 21233 |
| 2024 : B & G ELECTRICAL CONTRACTORS OF NY, INC. 401(K) PLAN 2024 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2024-09-23 | 763042 |
| Net assets as of the end of the plan year | 2024-09-23 | 8620130 |
| Total assets as of the beginning of the plan year | 2024-09-23 | 7739252 |
| Value of plan covered by a fidelity bond | 2024-09-23 | 500000 |
| Participant contributions to plan in this plan year | 2024-09-23 | 482125 |
| Value of participant loans at end of plan year | 2024-09-23 | 151403 |
| Other income to plan in this plan year | 2024-09-23 | 980361 |
| Plan net income in this plan year | 2024-09-23 | 880878 |
| Net assets as of the end of the plan year | 2024-09-23 | 8620130 |
| Net assets as of the beginning of the plan year | 2024-09-23 | 7739252 |
| Employer contributions to plan in this plan year | 2024-09-23 | 181434 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-09-23 | 20055 |
| 2022 : B & G ELECTRICAL CONTRACTORS OF NY, INC. 401(K) PLAN 2022 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2022-08-11 | 129293 |
| Net assets as of the end of the plan year | 2022-08-11 | 10104187 |
| Total assets as of the beginning of the plan year | 2022-08-11 | 8651403 |
| Value of plan covered by a fidelity bond | 2022-08-11 | 500000 |
| Participant contributions to plan in this plan year | 2022-08-11 | 500382 |
| Value of participant loans at end of plan year | 2022-08-11 | 180218 |
| Other income to plan in this plan year | 2022-08-11 | 1081695 |
| Plan net income in this plan year | 2022-08-11 | 1452784 |
| Net assets as of the end of the plan year | 2022-08-11 | 10104187 |
| Net assets as of the beginning of the plan year | 2022-08-11 | 8651403 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-08-11 | 20407 |
| 2020 : B & G ELECTRICAL CONTRACTORS OF NY, INC. 401(K) PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets from this plan | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $1,508,795 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $3,396,189 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $3,371,854 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $5,144 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $646,556 |
| Value of total assets at end of year | 2020-12-31 | $8,651,403 |
| Value of total assets at beginning of year | 2020-12-31 | $10,538,797 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $19,191 |
| Total interest from all sources | 2020-12-31 | $10,788 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $199,667 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $199,667 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $468,810 |
| Participant contributions at end of year | 2020-12-31 | $240,566 |
| Participant contributions at beginning of year | 2020-12-31 | $161,054 |
| Other income not declared elsewhere | 2020-12-31 | $1,011 |
| Administrative expenses (other) incurred | 2020-12-31 | $19,191 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $-1,887,394 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $8,651,403 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $10,538,797 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $7,342,326 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $10,179,065 |
| Interest on participant loans | 2020-12-31 | $10,788 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $890,765 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $642,906 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $7,867 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $177,746 |
| Employer contributions (assets) at end of year | 2020-12-31 | $177,746 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $198,678 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $3,371,854 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | GRASSI & CO. |
| Accountancy firm EIN | 2020-12-31 | 113266576 |
| 2019 : B & G ELECTRICAL CONTRACTORS OF NY, INC. 401(K) PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $2,183,949 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $267,992 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $234,535 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $704,249 |
| Value of total assets at end of year | 2019-12-31 | $10,538,797 |
| Value of total assets at beginning of year | 2019-12-31 | $8,622,840 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $33,457 |
| Total interest from all sources | 2019-12-31 | $5,745 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $363,660 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $363,660 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $505,571 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $0 |
| Assets. Loans (other than to participants) at end of year | 2019-12-31 | $161,054 |
| Assets. Loans (other than to participants) at beginning of year | 2019-12-31 | $78,431 |
| Administrative expenses (other) incurred | 2019-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,915,957 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $10,538,797 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $8,622,840 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $8,774,052 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $7,110,455 |
| Income. Interest from loans (other than to participants) | 2019-12-31 | $5,745 |
| Interest earned on other investments | 2019-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $1,405,013 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $1,235,124 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,110,295 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $0 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $198,678 |
| Employer contributions (assets) at end of year | 2019-12-31 | $198,678 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $198,830 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $234,535 |
| Contract administrator fees | 2019-12-31 | $33,457 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | GRASSI & CO. |
| Accountancy firm EIN | 2019-12-31 | 113266576 |
