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NEXT GENERATION CONSTRUCTION & ENVIRONMENTAL 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameNEXT GENERATION CONSTRUCTION & ENVIRONMENTAL 401(K) RETIREMENT PLAN
Plan identification number 001

NEXT GENERATION CONSTRUCTION & ENVIRONMENTAL 401(K) RETIREMENT 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NEXT GENERATION CONSTRUCTION AND ENVIRONMENTAL LLC has sponsored the creation of one or more 401k plans.

Company Name:NEXT GENERATION CONSTRUCTION AND ENVIRONMENTAL LLC
Employer identification number (EIN):270783092
NAIC Classification:237990
NAIC Description:Other Heavy and Civil Engineering Construction

Additional information about NEXT GENERATION CONSTRUCTION AND ENVIRONMENTAL LLC

Jurisdiction of Incorporation: Colorado Department of State
Incorporation Date: 2009-08-21
Company Identification Number: 20091447932
Legal Registered Office Address: 14115 Mead St Unit C

Mead
United States of America (USA)
80504

More information about NEXT GENERATION CONSTRUCTION AND ENVIRONMENTAL LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEXT GENERATION CONSTRUCTION & ENVIRONMENTAL 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01ANNA QUACH2022-10-17 BENJAMIN GATES2022-10-17
0012020-01-01BENJAMIN GATES2021-10-14 BENJAMIN GATES2021-10-14
0012019-01-01DUSTY GIVIN2021-02-18
0012018-01-01CAMRON LENTE2019-07-30 CAMRON LENTE2019-07-30
0012017-01-01DUAYNE HAAR2018-07-30 DUAYNE HAAR2018-07-30
0012016-08-01MANDI VOTH2017-07-31 MANDI VOTH2017-07-31

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number528962
Policy instance 1
Insurance contract or identification number528962
Number of Individuals Covered116
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $1,220
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,004
Amount paid for insurance broker fees0
Insurance broker organization code?3

Potentially related plans

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