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THE CONTRACTORS RETIREMENT PLAN 401k Plan overview

Plan NameTHE CONTRACTORS RETIREMENT PLAN
Plan identification number 002

THE CONTRACTORS RETIREMENT PLAN Benefits

401k Plan TypeDefined 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
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • 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.
  • 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

PASSERINI AND SONS INC. has sponsored the creation of one or more 401k plans.

Company Name:PASSERINI AND SONS INC.
Employer identification number (EIN):232354589
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE CONTRACTORS RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01JILL K PASSERINI2024-07-29
0022022-01-01JILL K PASSERINI2023-06-29
0022021-01-01JILL PASSERINI2022-07-19
0022020-01-01JILL PASSERINI2021-05-26
0022019-01-01JILL PASSERINI2020-07-14
0022018-01-01JILL PASSERINI2019-07-18

Plan Statistics for THE CONTRACTORS RETIREMENT PLAN

401k plan membership statisitcs for THE CONTRACTORS RETIREMENT PLAN

Measure Date Value
2025: THE CONTRACTORS RETIREMENT PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-2514
Total number of particpants at end of year2025-07-2516
Number of Participants With Account Balances2025-07-2516
2024: THE CONTRACTORS RETIREMENT PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-2911
Total number of particpants at end of year2024-07-2914
Number of Participants With Account Balances2024-07-2914

Financial Data on THE CONTRACTORS RETIREMENT PLAN

Measure Date Value
2025 : THE CONTRACTORS RETIREMENT PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-2528252
Net assets as of the end of the plan year2025-07-25205404
Total assets as of the beginning of the plan year2025-07-25155825
Value of plan covered by a fidelity bond2025-07-2520000
Other income to plan in this plan year2025-07-2518402
Plan net income in this plan year2025-07-2549579
Net assets as of the end of the plan year2025-07-25205404
Net assets as of the beginning of the plan year2025-07-25155825
Employer contributions to plan in this plan year2025-07-2559429
2024 : THE CONTRACTORS RETIREMENT PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-290
Total liabilities as of the end of the plan year2024-07-290
Total liabilities as of the beginning of the plan year2024-07-290
Total expenses incurred by plan in this plan year2024-07-293548
Net assets as of the end of the plan year2024-07-29155825
Total assets as of the beginning of the plan year2024-07-29115034
Value of plan covered by a fidelity bond2024-07-2920000
Participant contributions to plan in this plan year2024-07-290
Other expenses paid from plan in this plan year2024-07-290
Other contributions to plan in this plan year2024-07-290
Other income to plan in this plan year2024-07-2919051
Plan net income in this plan year2024-07-2940791
Net assets as of the end of the plan year2024-07-29155825
Net assets as of the beginning of the plan year2024-07-29115034
Employer contributions to plan in this plan year2024-07-2925288
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-290

Potentially related plans

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