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FAIRWAY SPRINKLER SYSTEMS 401K PLAN 401k Plan overview

Plan NameFAIRWAY SPRINKLER SYSTEMS 401K PLAN
Plan identification number 001

FAIRWAY SPRINKLER SYSTEMS 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Code 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 contribtions 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

BABB BORING, INC. has sponsored the creation of one or more 401k plans.

Company Name:BABB BORING, INC.
Employer identification number (EIN):270587072
NAIC Classification:811490
NAIC Description:Other Personal and Household Goods Repair and Maintenance

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAIRWAY SPRINKLER SYSTEMS 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01BRIAN C. BABB2024-10-15 BRIAN C. BABB2024-10-15
0012022-01-01BRIAN C. BABB2023-10-11 BRIAN C. BABB2023-10-11
0012021-01-01BRIAN C. BABB2022-10-14 BRIAN C. BABB2022-10-14
0012021-01-01BRIAN C. BABB2023-10-11 BRIAN C. BABB2023-10-11
0012020-01-01BRIAN C. BABB2021-10-15 BRIAN C. BABB2021-10-15
0012018-01-01BRIAN C. BABB2019-10-02 BRIAN C. BABB2019-10-02
0012017-01-01BRIAN C. BABB2018-10-13 BRIAN C. BABB2018-10-13
0012016-01-01BRIAN C. BABB2017-10-09 BRIAN C. BABB2017-10-09
0012015-01-01BRIAN C. BABB2016-10-04 BRIAN C. BABB2016-10-04
0012014-01-01BRIAN C. BABB2015-10-07 BRIAN C. BABB2015-10-07
0012013-01-01BRIAN C. BABB2014-10-08 BRIAN C. BABB2014-10-08
0012012-01-01BRIAN C. BABB2013-10-08 BRIAN C. BABB2013-10-08
0012011-01-01BRIAN C. BABB2012-10-12 BRIAN C. BABB2012-10-12

Plan Statistics for FAIRWAY SPRINKLER SYSTEMS 401K PLAN

401k plan membership statisitcs for FAIRWAY SPRINKLER SYSTEMS 401K PLAN

Measure Date Value
2025: FAIRWAY SPRINKLER SYSTEMS 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-10-146
Total number of particpants at end of year2025-10-145
Number of Participants With Account Balances2025-10-143
2024: FAIRWAY SPRINKLER SYSTEMS 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-155
Total number of particpants at end of year2024-10-156
Number of Participants With Account Balances2024-10-154
2023: FAIRWAY SPRINKLER SYSTEMS 401K PLAN 2023 401k membership
Total number of particpants at beginning of year2023-10-114
Total number of particpants at end of year2023-10-114
Number of Participants With Account Balances2023-10-114

Financial Data on FAIRWAY SPRINKLER SYSTEMS 401K PLAN

Measure Date Value
2025 : FAIRWAY SPRINKLER SYSTEMS 401K PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-140
Total liabilities as of the end of the plan year2025-10-140
Total liabilities as of the beginning of the plan year2025-10-140
Total expenses incurred by plan in this plan year2025-10-1418824
Net assets as of the end of the plan year2025-10-14878060
Total assets as of the beginning of the plan year2025-10-14750486
Participant contributions to plan in this plan year2025-10-1464650
Value of participant loans at end of plan year2025-10-14103204
Other expenses paid from plan in this plan year2025-10-140
Other contributions to plan in this plan year2025-10-140
Other income to plan in this plan year2025-10-1471943
Plan net income in this plan year2025-10-14127574
Net assets as of the end of the plan year2025-10-14878060
Net assets as of the beginning of the plan year2025-10-14750486
Employer contributions to plan in this plan year2025-10-149805
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-146972
2024 : FAIRWAY SPRINKLER SYSTEMS 401K PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-150
Total liabilities as of the end of the plan year2024-10-150
Total liabilities as of the beginning of the plan year2024-10-150
Total expenses incurred by plan in this plan year2024-10-156076
Net assets as of the end of the plan year2024-10-15750486
Total assets as of the beginning of the plan year2024-10-15646644
Participant contributions to plan in this plan year2024-10-1555900
Other expenses paid from plan in this plan year2024-10-150
Other contributions to plan in this plan year2024-10-150
Other income to plan in this plan year2024-10-1546115
Plan net income in this plan year2024-10-15103842
Net assets as of the end of the plan year2024-10-15750486
Net assets as of the beginning of the plan year2024-10-15646644
Employer contributions to plan in this plan year2024-10-157903
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-156076
2023 : FAIRWAY SPRINKLER SYSTEMS 401K PLAN 2023 401k financial data
Total transfers to/from plan in this plan year2023-10-110
Total liabilities as of the end of the plan year2023-10-110
Total liabilities as of the beginning of the plan year2023-10-110
Total expenses incurred by plan in this plan year2023-10-115124
Net assets as of the end of the plan year2023-10-11654592
Total assets as of the beginning of the plan year2023-10-11572744
Participant contributions to plan in this plan year2023-10-1146900
Other expenses paid from plan in this plan year2023-10-110
Other contributions to plan in this plan year2023-10-110
Other income to plan in this plan year2023-10-1132873
Plan net income in this plan year2023-10-1181848
Net assets as of the end of the plan year2023-10-11654592
Net assets as of the beginning of the plan year2023-10-11572744
Employer contributions to plan in this plan year2023-10-117199
Expensese paid to adminstrative service provicers from plan in this plan year2023-10-115124

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