PLUMBERS AND PIPEFITTERS LOCAL 625 HEALTH & WELFARE FUND has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PLUMBERS AND PIPEFITTERS LOCAL 625 HEALTH & WELFARE FUND
| Measure | Date | Value |
|---|
| 2023 : PLUMBERS AND PIPEFITTERS LOCAL 625 HEALTH & WELFARE FUND 2023 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-06-01 | $3,530,041 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-06-01 | $1,584,143 |
| Total income from all sources (including contributions) | 2023-06-01 | $8,161,169 |
| Total of all expenses incurred | 2023-06-01 | $7,347,933 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-06-01 | $6,628,535 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-06-01 | $8,149,030 |
| Value of total assets at end of year | 2023-06-01 | $7,636,546 |
| Value of total assets at beginning of year | 2023-06-01 | $4,877,412 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-06-01 | $719,398 |
| Total interest from all sources | 2023-06-01 | $12,139 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-06-01 | No |
| Was this plan covered by a fidelity bond | 2023-06-01 | Yes |
| Value of fidelity bond cover | 2023-06-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-06-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-06-01 | No |
| Contributions received from participants | 2023-06-01 | $145,909 |
| Participant contributions at end of year | 2023-06-01 | $646 |
| Participant contributions at beginning of year | 2023-06-01 | $3,974 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-06-01 | $1,856,788 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-06-01 | $2,842,867 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-06-01 | $1,393,797 |
| Administrative expenses (other) incurred | 2023-06-01 | $533,117 |
| Liabilities. Value of operating payables at end of year | 2023-06-01 | $57,786 |
| Liabilities. Value of operating payables at beginning of year | 2023-06-01 | $885 |
| Total non interest bearing cash at end of year | 2023-06-01 | $63,667 |
| Total non interest bearing cash at beginning of year | 2023-06-01 | $2,954,907 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-06-01 | No |
| Value of net income/loss | 2023-06-01 | $813,236 |
| Value of net assets at end of year (total assets less liabilities) | 2023-06-01 | $4,106,505 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-06-01 | $3,293,269 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-06-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-06-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-06-01 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-06-01 | $3,826,379 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-06-01 | $12,139 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-06-01 | $499,132 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-06-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-06-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-06-01 | No |
| Contributions received in cash from employer | 2023-06-01 | $6,146,333 |
| Employer contributions (assets) at end of year | 2023-06-01 | $512,777 |
| Employer contributions (assets) at beginning of year | 2023-06-01 | $497,699 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-06-01 | $6,129,403 |
| Contract administrator fees | 2023-06-01 | $136,000 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-06-01 | No |
| Liabilities. Value of benefit claims payable at end of year | 2023-06-01 | $3,472,255 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-06-01 | $1,583,258 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2023-06-01 | $390,210 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2023-06-01 | $27,035 |
| Did the plan have assets held for investment | 2023-06-01 | No |
| 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 | 2023-06-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-06-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-06-01 | 1 |
| Accountancy firm name | 2023-06-01 | HARRIS HARDIN & COMPNY, A.C. |
| Accountancy firm EIN | 2023-06-01 | 550756523 |
| Total unrealized appreciation/depreciation of assets | 2023-05-31 | $0 |
| Total transfer of assets to this plan | 2023-05-31 | $2,093,797 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-05-31 | $1,584,143 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-05-31 | $0 |
| Total income from all sources (including contributions) | 2023-05-31 | $5,977,839 |
| Total loss/gain on sale of assets | 2023-05-31 | $0 |
| Total of all expenses incurred | 2023-05-31 | $4,778,367 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-05-31 | $4,514,602 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-05-31 | $5,977,839 |
| Value of total assets at end of year | 2023-05-31 | $4,877,412 |
| Value of total assets at beginning of year | 2023-05-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-05-31 | $263,765 |
| Total interest from all sources | 2023-05-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-05-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-05-31 | No |
| Administrative expenses professional fees incurred | 2023-05-31 | $177,398 |
| Was this plan covered by a fidelity bond | 2023-05-31 | Yes |
| Value of fidelity bond cover | 2023-05-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-05-31 | No |
| Contributions received from participants | 2023-05-31 | $37,090 |
| Participant contributions at end of year | 2023-05-31 | $3,974 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-05-31 | $-770,796 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-05-31 | $1,393,797 |
| Administrative expenses (other) incurred | 2023-05-31 | $11,280 |
| Liabilities. Value of operating payables at end of year | 2023-05-31 | $885 |
| Total non interest bearing cash at end of year | 2023-05-31 | $2,954,907 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-05-31 | No |
| Value of net income/loss | 2023-05-31 | $1,199,472 |
| Value of net assets at end of year (total assets less liabilities) | 2023-05-31 | $3,293,269 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-05-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-05-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-05-31 | $279,236 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-05-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-05-31 | No |
| Contributions received in cash from employer | 2023-05-31 | $6,711,545 |
| Employer contributions (assets) at end of year | 2023-05-31 | $497,699 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-05-31 | $4,235,366 |
| Contract administrator fees | 2023-05-31 | $75,087 |
| Liabilities. Value of benefit claims payable at end of year | 2023-05-31 | $1,583,258 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2023-05-31 | $27,035 |
| Did the plan have assets held for investment | 2023-05-31 | No |
| 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 | 2023-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-05-31 | Unqualified |
| Accountancy firm name | 2023-05-31 | HARRIS, HARDIN & COMPANY, A.C |
| Accountancy firm EIN | 2023-05-31 | 550756523 |
| 2022 : PLUMBERS AND PIPEFITTERS LOCAL 625 HEALTH & WELFARE FUND 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-06-01 | $0 |
| Total transfer of assets to this plan | 2022-06-01 | $2,093,797 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-01 | $1,584,143 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-01 | $0 |
| Total income from all sources (including contributions) | 2022-06-01 | $5,977,839 |
| Total loss/gain on sale of assets | 2022-06-01 | $0 |
| Total of all expenses incurred | 2022-06-01 | $4,778,367 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-06-01 | $4,514,602 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-06-01 | $5,977,839 |
| Value of total assets at end of year | 2022-06-01 | $4,877,412 |
| Value of total assets at beginning of year | 2022-06-01 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-06-01 | $263,765 |
| Total interest from all sources | 2022-06-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-06-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-06-01 | No |
| Administrative expenses professional fees incurred | 2022-06-01 | $177,398 |
| Was this plan covered by a fidelity bond | 2022-06-01 | Yes |
| Value of fidelity bond cover | 2022-06-01 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-06-01 | No |
| Contributions received from participants | 2022-06-01 | $37,090 |
| Participant contributions at end of year | 2022-06-01 | $3,974 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-06-01 | $-770,796 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-06-01 | $1,393,797 |
| Administrative expenses (other) incurred | 2022-06-01 | $11,280 |
| Liabilities. Value of operating payables at end of year | 2022-06-01 | $885 |
| Total non interest bearing cash at end of year | 2022-06-01 | $2,954,907 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-06-01 | No |
| Value of net income/loss | 2022-06-01 | $1,199,472 |
| Value of net assets at end of year (total assets less liabilities) | 2022-06-01 | $3,293,269 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-06-01 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-06-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-06-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-06-01 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-06-01 | $279,236 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-06-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-06-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-06-01 | No |
| Contributions received in cash from employer | 2022-06-01 | $6,711,545 |
| Employer contributions (assets) at end of year | 2022-06-01 | $497,699 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-06-01 | $4,235,366 |
| Contract administrator fees | 2022-06-01 | $75,087 |
| Liabilities. Value of benefit claims payable at end of year | 2022-06-01 | $1,583,258 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2022-06-01 | $27,035 |
| Did the plan have assets held for investment | 2022-06-01 | No |
| 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 | 2022-06-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-06-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-06-01 | 1 |
| Accountancy firm name | 2022-06-01 | HARRIS, HARDIN & COMPANY, A.C |
| Accountancy firm EIN | 2022-06-01 | 550756523 |
