PRIORITY CONSTRUCTION CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE CONTRACTORS RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2021 : THE CONTRACTORS RETIREMENT PLAN 2021 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $6,160 |
| Total income from all sources (including contributions) | 2021-12-31 | $568,921 |
| Total of all expenses incurred | 2021-12-31 | $82,346 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $65,201 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $7,838 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $389,524 |
| Value of total assets at end of year | 2021-12-31 | $1,682,255 |
| Value of total assets at beginning of year | 2021-12-31 | $1,201,840 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $9,307 |
| Total interest from all sources | 2021-12-31 | $2,284 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $101,284 |
| Participant contributions at end of year | 2021-12-31 | $13,405 |
| Participant contributions at beginning of year | 2021-12-31 | $18,408 |
| Participant contributions at end of year | 2021-12-31 | $0 |
| Participant contributions at beginning of year | 2021-12-31 | $3,780 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $6,160 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $486,575 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,682,255 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,195,680 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $1,482,630 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $1,151,760 |
| Interest on participant loans | 2021-12-31 | $396 |
| Interest earned on other investments | 2021-12-31 | $1,888 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $19,537 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $10,692 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $177,113 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $288,240 |
| Employer contributions (assets) at end of year | 2021-12-31 | $166,683 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $17,200 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $65,201 |
| Contract administrator fees | 2021-12-31 | $9,307 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Disclaimer |
| Accountancy firm name | 2021-12-31 | ELLIN & TUCKER, CHARTERED |
| Accountancy firm EIN | 2021-12-31 | 520959934 |
| 2020 : THE CONTRACTORS RETIREMENT PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $6,160 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $17,404 |
| Total income from all sources (including contributions) | 2020-12-31 | $508,681 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $60,027 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $42,684 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $2,493 |
| Value of total corrective distributions | 2020-12-31 | $6,160 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $327,584 |
| Value of total assets at end of year | 2020-12-31 | $1,201,840 |
| Value of total assets at beginning of year | 2020-12-31 | $764,430 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $8,690 |
| Total interest from all sources | 2020-12-31 | $1,578 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $103,963 |
| Participant contributions at end of year | 2020-12-31 | $18,408 |
| Participant contributions at beginning of year | 2020-12-31 | $15,995 |
| Participant contributions at end of year | 2020-12-31 | $3,780 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $94,688 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $6,160 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $17,404 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $448,654 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $1,195,680 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $747,026 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $1,151,760 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $692,234 |
| Interest on participant loans | 2020-12-31 | $320 |
| Interest earned on other investments | 2020-12-31 | $1,258 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $10,692 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $179,519 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $128,933 |
| Employer contributions (assets) at end of year | 2020-12-31 | $17,200 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $56,201 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $42,684 |
| Contract administrator fees | 2020-12-31 | $8,690 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | ELLIN & TUCKER, CHARTERED |
| Accountancy firm EIN | 2020-12-31 | 520959934 |
