401k Plan data: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN plan

HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 401k Plan overview

Plan Name	HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN
Plan identification number	002

HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
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

HIGH POINT ELECTRIC, INC. has sponsored the creation of one or more 401k plans.

Company Name: HIGH POINT ELECTRIC, INC.

Employer identification number (EIN): 221776097

NAIC Classification: 238210
NAIC Description: Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-04-01 FRED KATTERMANN 2023-10-19 FRED KATTERMANN 2023-10-19
002 2021-04-01 FRED KATTERMANN 2022-10-14 FRED KATTERMANN 2022-10-14
002 2020-04-01 FRED KATTERMANN 2021-05-27 FRED KATTERMANN 2021-05-27
002 2018-04-01 FRED KATTERMANN 2019-06-26 FRED KATTERMANN 2019-06-26
002 2018-04-01 PAUL KATTERMANN 2019-05-14 PAUL KATTERMANN 2019-05-14
002 2017-04-01 FRED KATTERMANN 2018-07-23 FRED KATTERMANN 2018-07-23
002 2016-04-01 FRED KATTERMANN 2017-10-30 FRED KATTERMANN 2017-10-30
002 2015-04-01 FRED KATTERMANN 2016-07-01 FRED KATTERMANN 2016-07-01
002 2014-04-01 FRED KATTERMANN FRED KATTERMANN 2015-07-10
002 2013-04-01 FRED KATTERMANN FRED KATTERMANN 2014-05-28
002 2012-04-01 FRED KATTERMANN FRED KATTERMANN 2013-06-11
002 2011-04-01 FRED KATTERMANN FRED KATTERMANN 2012-07-19
002 2009-04-01 FRED KATTERMANN

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-04-01	FRED KATTERMANN	2023-10-19	FRED KATTERMANN	2023-10-19
002	2021-04-01	FRED KATTERMANN	2022-10-14	FRED KATTERMANN	2022-10-14
002	2020-04-01	FRED KATTERMANN	2021-05-27	FRED KATTERMANN	2021-05-27
002	2018-04-01	FRED KATTERMANN	2019-06-26	FRED KATTERMANN	2019-06-26
002	2018-04-01	PAUL KATTERMANN	2019-05-14	PAUL KATTERMANN	2019-05-14
002	2017-04-01	FRED KATTERMANN	2018-07-23	FRED KATTERMANN	2018-07-23
002	2016-04-01	FRED KATTERMANN	2017-10-30	FRED KATTERMANN	2017-10-30
002	2015-04-01	FRED KATTERMANN	2016-07-01	FRED KATTERMANN	2016-07-01
002	2014-04-01	FRED KATTERMANN		FRED KATTERMANN	2015-07-10
002	2013-04-01	FRED KATTERMANN		FRED KATTERMANN	2014-05-28
002	2012-04-01	FRED KATTERMANN		FRED KATTERMANN	2013-06-11
002	2011-04-01	FRED KATTERMANN		FRED KATTERMANN	2012-07-19
002	2009-04-01	FRED KATTERMANN

Plan Statistics for HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN

401k plan membership statisitcs for HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN

Measure Date Value
2014: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-04-01 4
Total number of active participants reported on line 7a of the Form 5500 2014-04-01 4
Number of retired or separated participants receiving benefits 2014-04-01 0
Number of other retired or separated participants entitled to future benefits 2014-04-01 0
Total of all active and inactive participants 2014-04-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-04-01 0
Total participants 2014-04-01 4
Number of participants with account balances 2014-04-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-04-01 0
2013: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-04-01 4
Total number of active participants reported on line 7a of the Form 5500 2013-04-01 4
Number of retired or separated participants receiving benefits 2013-04-01 0
Number of other retired or separated participants entitled to future benefits 2013-04-01 0
Total of all active and inactive participants 2013-04-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-04-01 0
Total participants 2013-04-01 4
Number of participants with account balances 2013-04-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-04-01 0
2012: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-04-01 4
Total number of active participants reported on line 7a of the Form 5500 2012-04-01 4
Number of retired or separated participants receiving benefits 2012-04-01 0
Number of other retired or separated participants entitled to future benefits 2012-04-01 0
Total of all active and inactive participants 2012-04-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-04-01 0
Total participants 2012-04-01 4
Number of participants with account balances 2012-04-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-04-01 0
2011: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-04-01 4
Total number of active participants reported on line 7a of the Form 5500 2011-04-01 4
Number of retired or separated participants receiving benefits 2011-04-01 0
Number of other retired or separated participants entitled to future benefits 2011-04-01 0
Total of all active and inactive participants 2011-04-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-04-01 0
Total participants 2011-04-01 4
Number of participants with account balances 2011-04-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-04-01 0
2009: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-04-01 4
Total number of active participants reported on line 7a of the Form 5500 2009-04-01 4
Total of all active and inactive participants 2009-04-01 4
Total participants 2009-04-01 4
Number of participants with account balances 2009-04-01 4

Measure	Date	Value
2014: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-04-01	4
Total number of active participants reported on line 7a of the Form 5500	2014-04-01	4
Number of retired or separated participants receiving benefits	2014-04-01	0
Number of other retired or separated participants entitled to future benefits	2014-04-01	0
Total of all active and inactive participants	2014-04-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-04-01	0
Total participants	2014-04-01	4
Number of participants with account balances	2014-04-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-04-01	0
2013: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-04-01	4
Total number of active participants reported on line 7a of the Form 5500	2013-04-01	4
Number of retired or separated participants receiving benefits	2013-04-01	0
Number of other retired or separated participants entitled to future benefits	2013-04-01	0
Total of all active and inactive participants	2013-04-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-04-01	0
Total participants	2013-04-01	4
Number of participants with account balances	2013-04-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-04-01	0
2012: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-04-01	4
Total number of active participants reported on line 7a of the Form 5500	2012-04-01	4
Number of retired or separated participants receiving benefits	2012-04-01	0
Number of other retired or separated participants entitled to future benefits	2012-04-01	0
Total of all active and inactive participants	2012-04-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-04-01	0
Total participants	2012-04-01	4
Number of participants with account balances	2012-04-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-04-01	0
2011: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-04-01	4
Total number of active participants reported on line 7a of the Form 5500	2011-04-01	4
Number of retired or separated participants receiving benefits	2011-04-01	0
Number of other retired or separated participants entitled to future benefits	2011-04-01	0
Total of all active and inactive participants	2011-04-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-04-01	0
Total participants	2011-04-01	4
Number of participants with account balances	2011-04-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-04-01	0
2009: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-04-01	4
Total number of active participants reported on line 7a of the Form 5500	2009-04-01	4
Total of all active and inactive participants	2009-04-01	4
Total participants	2009-04-01	4
Number of participants with account balances	2009-04-01	4

Financial Data on HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN

Measure	Date	Value
2015 : HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan	2015-03-31	$0
Total plan liabilities at end of year	2015-03-31	$0
Total plan liabilities at beginning of year	2015-03-31	$0
Total income from all sources	2015-03-31	$86,211
Expenses. Total of all expenses incurred	2015-03-31	$17,245
Benefits paid (including direct rollovers)	2015-03-31	$17,245
Total plan assets at end of year	2015-03-31	$638,055
Total plan assets at beginning of year	2015-03-31	$569,089
Value of fidelity bond covering the plan	2015-03-31	$55,000
Total contributions received or receivable from participants	2015-03-31	$0
Expenses. Other expenses not covered elsewhere	2015-03-31	$0
Contributions received from other sources (not participants or employers)	2015-03-31	$0
Other income received	2015-03-31	$86,211
Noncash contributions received	2015-03-31	$0
Net income (gross income less expenses)	2015-03-31	$68,966
Net plan assets at end of year (total assets less liabilities)	2015-03-31	$638,055
Net plan assets at beginning of year (total assets less liabilities)	2015-03-31	$569,089
Total contributions received or receivable from employer(s)	2015-03-31	$0
Value of certain deemed distributions of participant loans	2015-03-31	$0
Value of corrective distributions	2015-03-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2015-03-31	$0
2014 : HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2014 401k financial data
Transfers to/from the plan	2014-03-31	$0
Total plan liabilities at end of year	2014-03-31	$0
Total plan liabilities at beginning of year	2014-03-31	$0
Total income from all sources	2014-03-31	$133,326
Expenses. Total of all expenses incurred	2014-03-31	$16,491
Benefits paid (including direct rollovers)	2014-03-31	$16,491
Total plan assets at end of year	2014-03-31	$569,089
Total plan assets at beginning of year	2014-03-31	$452,254
Value of fidelity bond covering the plan	2014-03-31	$135,000
Total contributions received or receivable from participants	2014-03-31	$0
Expenses. Other expenses not covered elsewhere	2014-03-31	$0
Contributions received from other sources (not participants or employers)	2014-03-31	$0
Other income received	2014-03-31	$133,326
Noncash contributions received	2014-03-31	$0
Net income (gross income less expenses)	2014-03-31	$116,835
Net plan assets at end of year (total assets less liabilities)	2014-03-31	$569,089
Net plan assets at beginning of year (total assets less liabilities)	2014-03-31	$452,254
Total contributions received or receivable from employer(s)	2014-03-31	$0
Value of certain deemed distributions of participant loans	2014-03-31	$0
Value of corrective distributions	2014-03-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2014-03-31	$0
2013 : HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan	2013-03-31	$0
Total plan liabilities at end of year	2013-03-31	$0
Total plan liabilities at beginning of year	2013-03-31	$0
Total income from all sources	2013-03-31	$50,663
Expenses. Total of all expenses incurred	2013-03-31	$14,796
Benefits paid (including direct rollovers)	2013-03-31	$14,796
Total plan assets at end of year	2013-03-31	$452,254
Total plan assets at beginning of year	2013-03-31	$416,387
Value of fidelity bond covering the plan	2013-03-31	$135,000
Total contributions received or receivable from participants	2013-03-31	$0
Expenses. Other expenses not covered elsewhere	2013-03-31	$0
Contributions received from other sources (not participants or employers)	2013-03-31	$0
Other income received	2013-03-31	$50,663
Noncash contributions received	2013-03-31	$0
Net income (gross income less expenses)	2013-03-31	$35,867
Net plan assets at end of year (total assets less liabilities)	2013-03-31	$452,254
Net plan assets at beginning of year (total assets less liabilities)	2013-03-31	$416,387
Total contributions received or receivable from employer(s)	2013-03-31	$0
Value of certain deemed distributions of participant loans	2013-03-31	$0
Value of corrective distributions	2013-03-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-03-31	$0
2012 : HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan	2012-03-31	$0
Total plan liabilities at end of year	2012-03-31	$0
Total plan liabilities at beginning of year	2012-03-31	$0
Total income from all sources	2012-03-31	$8,462
Expenses. Total of all expenses incurred	2012-03-31	$16,490
Benefits paid (including direct rollovers)	2012-03-31	$16,490
Total plan assets at end of year	2012-03-31	$416,387
Total plan assets at beginning of year	2012-03-31	$424,415
Total contributions received or receivable from participants	2012-03-31	$0
Expenses. Other expenses not covered elsewhere	2012-03-31	$0
Contributions received from other sources (not participants or employers)	2012-03-31	$0
Other income received	2012-03-31	$8,462
Noncash contributions received	2012-03-31	$0
Net income (gross income less expenses)	2012-03-31	$-8,028
Net plan assets at end of year (total assets less liabilities)	2012-03-31	$416,387
Net plan assets at beginning of year (total assets less liabilities)	2012-03-31	$424,415
Total contributions received or receivable from employer(s)	2012-03-31	$0
Value of certain deemed distributions of participant loans	2012-03-31	$0
Value of corrective distributions	2012-03-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-03-31	$0
2011 : HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-03-31	$30,782
Expenses. Total of all expenses incurred	2011-03-31	$24,355
Benefits paid (including direct rollovers)	2011-03-31	$20,194
Total plan assets at end of year	2011-03-31	$424,415
Total plan assets at beginning of year	2011-03-31	$417,988
Other income received	2011-03-31	$30,782
Net income (gross income less expenses)	2011-03-31	$6,427
Net plan assets at end of year (total assets less liabilities)	2011-03-31	$424,415
Net plan assets at beginning of year (total assets less liabilities)	2011-03-31	$417,988
Expenses. Administrative service providers (salaries,fees and commissions)	2011-03-31	$4,161

Form 5500 Responses for HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN

2014: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2014 form 5500 responses
2014-04-01	Type of plan entity	Single employer plan
2014-04-01	Submission has been amended	No
2014-04-01	This submission is the final filing	No
2014-04-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-04-01	Plan is a collectively bargained plan	No
2014-04-01	Plan funding arrangement – Trust	Yes
2014-04-01	Plan benefit arrangement - Trust	Yes
2013: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2013 form 5500 responses
2013-04-01	Type of plan entity	Single employer plan
2013-04-01	Submission has been amended	No
2013-04-01	This submission is the final filing	No
2013-04-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-04-01	Plan is a collectively bargained plan	No
2013-04-01	Plan funding arrangement – Trust	Yes
2013-04-01	Plan benefit arrangement - Trust	Yes
2012: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2012 form 5500 responses
2012-04-01	Type of plan entity	Single employer plan
2012-04-01	Submission has been amended	No
2012-04-01	This submission is the final filing	No
2012-04-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-04-01	Plan is a collectively bargained plan	No
2012-04-01	Plan funding arrangement – Trust	Yes
2012-04-01	Plan benefit arrangement - Trust	Yes
2011: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2011 form 5500 responses
2011-04-01	Type of plan entity	Single employer plan
2011-04-01	Submission has been amended	No
2011-04-01	This submission is the final filing	No
2011-04-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-04-01	Plan is a collectively bargained plan	No
2011-04-01	Plan funding arrangement – Trust	Yes
2011-04-01	Plan benefit arrangement - Trust	Yes
2009: HIGH POINT ELECTRIC, INC. EMPLOYEES PROFIT SHARING PLAN 2009 form 5500 responses
2009-04-01	Type of plan entity	Single employer plan
2009-04-01	This submission is the final filing	No
2009-04-01	Plan funding arrangement – Trust	Yes
2009-04-01	Plan benefit arrangement - Trust	Yes

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Company Name:	HIGH POINT ELECTRIC, INC.
Employer identification number (EIN):	221776097
NAIC Classification:	238210
NAIC Description:	Electrical Contractors and Other Wiring Installation Contractors