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THE CONTRACTORS RETIREMENT PLAN 401k Plan overview

Plan NameTHE CONTRACTORS RETIREMENT PLAN
Plan identification number 001

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.
  • 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.

401k Sponsoring company profile

CAPITOL CONTRACTORS INC. has sponsored the creation of one or more 401k plans.

Company Name:CAPITOL CONTRACTORS INC.
Employer identification number (EIN):541277737
NAIC Classification:238220
NAIC Description:Plumbing, Heating, and Air-Conditioning Contractors

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
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01SEAN C. STEPP
0012016-01-01SEAN STEPP2017-09-12 SEAN STEPP2017-09-12
0012015-01-01SEAN STEPP2016-07-01 SEAN STEPP2016-07-01
0012014-01-01SEAN STEPP2015-06-22 SEAN STEPP2015-06-22
0012013-01-01SEAN STEPP2014-06-25 SEAN STEPP2014-06-25
0012012-01-01SEAN STEPP2013-08-27
0012011-01-01SEAN STEPP2012-06-22
0012010-01-01SEAN STEPP2011-10-05

Plan Statistics for THE CONTRACTORS RETIREMENT PLAN

401k plan membership statisitcs for THE CONTRACTORS RETIREMENT PLAN

Measure Date Value
2022: THE CONTRACTORS RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0127
Total number of active participants reported on line 7a of the Form 55002022-01-0124
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-013
Total of all active and inactive participants2022-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0127
Number of participants with account balances2022-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: THE CONTRACTORS RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0134
Total number of active participants reported on line 7a of the Form 55002021-01-0123
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-014
Total of all active and inactive participants2021-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0127
Number of participants with account balances2021-01-0119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: THE CONTRACTORS RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0132
Total number of active participants reported on line 7a of the Form 55002020-01-0130
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-014
Total of all active and inactive participants2020-01-0134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0134
Number of participants with account balances2020-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: THE CONTRACTORS RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0127
Total number of active participants reported on line 7a of the Form 55002019-01-0127
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-015
Total of all active and inactive participants2019-01-0132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0132
Number of participants with account balances2019-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: THE CONTRACTORS RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0129
Total number of active participants reported on line 7a of the Form 55002018-01-0122
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-015
Total of all active and inactive participants2018-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0127
Number of participants with account balances2018-01-0124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: THE CONTRACTORS RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0128
Total number of active participants reported on line 7a of the Form 55002017-01-0123
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-016
Total of all active and inactive participants2017-01-0129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0129
Number of participants with account balances2017-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010

Financial Data on THE CONTRACTORS RETIREMENT PLAN

Measure Date Value
2022 : THE CONTRACTORS RETIREMENT PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-218,764
Expenses. Total of all expenses incurred2022-12-31$99,711
Benefits paid (including direct rollovers)2022-12-31$88,549
Total plan assets at end of year2022-12-31$1,616,335
Total plan assets at beginning of year2022-12-31$1,934,810
Value of fidelity bond covering the plan2022-12-31$200,000
Assets. Value of tangible personal property2022-12-31$0
Total contributions received or receivable from participants2022-12-31$41,098
Assets. Value of loans (other than to participants)2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-343,469
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-318,475
Net plan assets at end of year (total assets less liabilities)2022-12-31$1,616,335
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$1,934,810
Assets. Value of participant loans2022-12-31$22,000
Assets. Value of assets in partnership/joint-venture interests2022-12-31$0
Assets. Value of real-estate (other than employer real property)2022-12-31$0
Assets. Value of employer securities2022-12-31$0
Assets. Value of employer real property2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$83,607
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$9,713
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$1,449
2021 : THE CONTRACTORS RETIREMENT PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$399,593
Expenses. Total of all expenses incurred2021-12-31$335,402
Benefits paid (including direct rollovers)2021-12-31$326,026
Total plan assets at end of year2021-12-31$1,934,810
Total plan assets at beginning of year2021-12-31$1,870,619
Value of fidelity bond covering the plan2021-12-31$200,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$39,112
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$228,375
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$64,191
Net plan assets at end of year (total assets less liabilities)2021-12-31$1,934,810
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$1,870,619
Assets. Value of participant loans2021-12-31$0
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$132,106
Value of certain deemed distributions of participant loans2021-12-31$6,371
Value of corrective distributions2021-12-31$1,433
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$1,572
2020 : THE CONTRACTORS RETIREMENT PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$504,529
Expenses. Total of all expenses incurred2020-12-31$855,044
Benefits paid (including direct rollovers)2020-12-31$837,001
Total plan assets at end of year2020-12-31$1,870,619
Total plan assets at beginning of year2020-12-31$2,221,134
Value of fidelity bond covering the plan2020-12-31$200,000
Assets. Value of tangible personal property2020-12-31$0
Total contributions received or receivable from participants2020-12-31$39,893
Assets. Value of loans (other than to participants)2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$309,709
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$-350,515
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,870,619
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$2,221,134
Assets. Value of participant loans2020-12-31$5,483
Assets. Value of assets in partnership/joint-venture interests2020-12-31$0
Assets. Value of real-estate (other than employer real property)2020-12-31$0
Assets. Value of employer securities2020-12-31$0
Assets. Value of employer real property2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$154,927
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$13,212
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$4,831
2019 : THE CONTRACTORS RETIREMENT PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$502,557
Expenses. Total of all expenses incurred2019-12-31$53,191
Benefits paid (including direct rollovers)2019-12-31$33,472
Total plan assets at end of year2019-12-31$2,221,134
Total plan assets at beginning of year2019-12-31$1,771,768
Value of fidelity bond covering the plan2019-12-31$200,000
Total contributions received or receivable from participants2019-12-31$40,246
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$410,966
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$449,366
Net plan assets at end of year (total assets less liabilities)2019-12-31$2,221,134
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,771,768
Assets. Value of participant loans2019-12-31$13,106
Total contributions received or receivable from employer(s)2019-12-31$51,345
Value of certain deemed distributions of participant loans2019-12-31$4,069
Value of corrective distributions2019-12-31$10,997
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$4,653
2018 : THE CONTRACTORS RETIREMENT PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$-61,538
Expenses. Total of all expenses incurred2018-12-31$216,764
Benefits paid (including direct rollovers)2018-12-31$198,089
Total plan assets at end of year2018-12-31$1,771,768
Total plan assets at beginning of year2018-12-31$2,050,070
Value of fidelity bond covering the plan2018-12-31$200,000
Total contributions received or receivable from participants2018-12-31$39,552
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-130,503
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-278,302
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,771,768
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$2,050,070
Assets. Value of participant loans2018-12-31$18,534
Total contributions received or receivable from employer(s)2018-12-31$29,413
Value of certain deemed distributions of participant loans2018-12-31$13,082
Value of corrective distributions2018-12-31$2,432
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$3,161
2017 : THE CONTRACTORS RETIREMENT PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$465,261
Expenses. Total of all expenses incurred2017-12-31$235,813
Benefits paid (including direct rollovers)2017-12-31$235,702
Total plan assets at end of year2017-12-31$2,050,070
Total plan assets at beginning of year2017-12-31$1,820,622
Value of fidelity bond covering the plan2017-12-31$200,000
Total contributions received or receivable from participants2017-12-31$42,060
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$307,754
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$229,448
Net plan assets at end of year (total assets less liabilities)2017-12-31$2,050,070
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,820,622
Assets. Value of participant loans2017-12-31$41,686
Total contributions received or receivable from employer(s)2017-12-31$115,447
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$111

Form 5500 Responses for THE CONTRACTORS RETIREMENT PLAN

2022: THE CONTRACTORS RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE CONTRACTORS RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE CONTRACTORS RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE CONTRACTORS RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THE CONTRACTORS RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: THE CONTRACTORS RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes

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