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HIGH POINT BUILDERS INC. 401(K) PLAN 401k Plan overview

Plan NameHIGH POINT BUILDERS INC. 401(K) PLAN
Plan identification number 001

HIGH POINT BUILDERS INC. 401(K) 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
  • 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.
  • 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

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

Company Name:HIGH POINT BUILDERS INC.
Employer identification number (EIN):371619425
NAIC Classification:236110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HIGH POINT BUILDERS INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MOSHE SILBERSTEIN2024-09-25 MOSHE SILBERSTEIN2024-09-25
0012022-01-01MOSHE SILBERSTEIN2023-10-11 MOSHE SILBERSTEIN2023-10-11
0012021-01-01MOSHE SILBERSTEIN2022-09-22 MOSHE SILBERSTEIN2022-09-22
0012020-01-01MOSHE SILBERSTEIN2021-07-26 MOSHE SILBERSTEIN2021-07-26

Financial Data on HIGH POINT BUILDERS INC. 401(K) PLAN

Measure Date Value
2025 : HIGH POINT BUILDERS INC. 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-10-090
Total liabilities as of the beginning of the plan year2025-10-090
Total expenses incurred by plan in this plan year2025-10-09795
Net assets as of the end of the plan year2025-10-09233120
Total assets as of the beginning of the plan year2025-10-09150655
Value of plan covered by a fidelity bond2025-10-0916843
Participant contributions to plan in this plan year2025-10-0960000
Other income to plan in this plan year2025-10-0918571
Plan net income in this plan year2025-10-0982465
Net assets as of the end of the plan year2025-10-09233120
Net assets as of the beginning of the plan year2025-10-09150655
Employer contributions to plan in this plan year2025-10-094689
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-09795
2024 : HIGH POINT BUILDERS INC. 401(K) PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-09-250
Total liabilities as of the beginning of the plan year2024-09-250
Total expenses incurred by plan in this plan year2024-09-25401
Net assets as of the end of the plan year2024-09-25150655
Total assets as of the beginning of the plan year2024-09-25132443
Value of plan covered by a fidelity bond2024-09-2515000
Participant contributions to plan in this plan year2024-09-250
Other expenses paid from plan in this plan year2024-09-250
Other income to plan in this plan year2024-09-2518613
Plan net income in this plan year2024-09-2518212
Net assets as of the end of the plan year2024-09-25150655
Net assets as of the beginning of the plan year2024-09-25132443
Employer contributions to plan in this plan year2024-09-250
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-25401

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