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H & H ELECTRICAL CONTRACTORS CASH BALANCE PLAN 401k Plan overview

Plan NameH & H ELECTRICAL CONTRACTORS CASH BALANCE PLAN
Plan identification number 003

H & H ELECTRICAL CONTRACTORS CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

H & H ELECTRICAL CONTRACTORS, INC. has sponsored the creation of one or more 401k plans.

Company Name:H & H ELECTRICAL CONTRACTORS, INC.
Employer identification number (EIN):200553424
NAIC Classification:237100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan H & H ELECTRICAL CONTRACTORS CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01KIMBERLY HILBORN2024-08-22
0032022-01-01KIMBERLY HILBORN2023-09-01
0032021-01-01KIMBERLY HILBORN2022-10-05
0032020-01-01KIMBERLY HILBORN2021-08-04
0032019-01-01KIMBERLY HILBORN2020-09-30
0032018-01-01KIMBERLY HILBORN2019-08-07
0032017-01-01KIMBERLY HILBORN2018-10-12
0032017-01-01KIMBERLY HILBORN2019-07-23

Financial Data on H & H ELECTRICAL CONTRACTORS CASH BALANCE PLAN

Measure Date Value
2025 : H & H ELECTRICAL CONTRACTORS CASH BALANCE PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-240
Total liabilities as of the end of the plan year2025-09-240
Total liabilities as of the beginning of the plan year2025-09-240
Total expenses incurred by plan in this plan year2025-09-24110726
Net assets as of the end of the plan year2025-09-244441341
Total assets as of the beginning of the plan year2025-09-243927549
Value of plan covered by a fidelity bond2025-09-24392755
Participant contributions to plan in this plan year2025-09-240
Other expenses paid from plan in this plan year2025-09-240
Other contributions to plan in this plan year2025-09-240
Other income to plan in this plan year2025-09-24181618
Plan net income in this plan year2025-09-24513792
Net assets as of the end of the plan year2025-09-244441341
Net assets as of the beginning of the plan year2025-09-243927549
Employer contributions to plan in this plan year2025-09-24442900
Fees paid to broker by Benefit Provider2025-09-247463
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-243114
2024 : H & H ELECTRICAL CONTRACTORS CASH BALANCE PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-08-220
Total liabilities as of the end of the plan year2024-08-220
Total liabilities as of the beginning of the plan year2024-08-220
Total expenses incurred by plan in this plan year2024-08-22106349
Net assets as of the end of the plan year2024-08-223927549
Total assets as of the beginning of the plan year2024-08-223102125
Value of plan covered by a fidelity bond2024-08-22310213
Participant contributions to plan in this plan year2024-08-220
Other expenses paid from plan in this plan year2024-08-220
Other contributions to plan in this plan year2024-08-220
Other income to plan in this plan year2024-08-22181773
Plan net income in this plan year2024-08-22825424
Net assets as of the end of the plan year2024-08-223927549
Net assets as of the beginning of the plan year2024-08-223102125
Employer contributions to plan in this plan year2024-08-22750000
Fees paid to broker by Benefit Provider2024-08-224770
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-221979

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