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THE CONTRACTORS RETIREMENT PLAN 401k Plan overview

Plan NameTHE CONTRACTORS RETIREMENT PLAN
Plan identification number 002

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

ADVANCED BORING SPECIALISTS, INC. has sponsored the creation of one or more 401k plans.

Company Name:ADVANCED BORING SPECIALISTS, INC.
Employer identification number (EIN):911656468
NAIC Classification:238900

Additional information about ADVANCED BORING SPECIALISTS, INC.

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division
Incorporation Date: 1994-12-16
Company Identification Number: 601592293
Legal Registered Office Address: 2404 E MILL PLAIN BLVD STE A

VANCOUVER
United States of America (USA)
986614334

More information about ADVANCED BORING SPECIALISTS, INC.

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
0022023-01-01DUSTIN E DOWNING2024-07-05
0022022-01-01DUSTIN E DOWNING2023-05-03
0022021-01-01DUSTIN E DOWNING2022-06-10
0022020-01-01DUSTIN E DOWNING2021-06-16
0022019-01-01DUSTIN E DOWNING2020-06-25
0022018-01-01JAMES E DOWNING2019-07-25
0022017-01-01JAMES E DOWNING2018-07-12
0022016-01-01JAMES E DOWNING2017-09-07
0022015-01-01JAMES E DOWNING2016-07-20
0022014-01-01JAMES E DOWNING2015-07-31
0022013-01-01JAMES DOWNING2014-08-01

Plan Statistics for THE CONTRACTORS RETIREMENT PLAN

401k plan membership statisitcs for THE CONTRACTORS RETIREMENT PLAN

Measure Date Value
2024: THE CONTRACTORS RETIREMENT PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-0511
Total number of particpants at end of year2024-07-0510
Number of Participants With Account Balances2024-07-059
2022: THE CONTRACTORS RETIREMENT PLAN 2022 401k membership
Total number of particpants at beginning of year2022-06-1011
Total number of particpants at end of year2022-06-109
Number of Participants With Account Balances2022-06-109

Financial Data on THE CONTRACTORS RETIREMENT PLAN

Measure Date Value
2024 : THE CONTRACTORS RETIREMENT PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-050
Total liabilities as of the end of the plan year2024-07-050
Total liabilities as of the beginning of the plan year2024-07-050
Total expenses incurred by plan in this plan year2024-07-058036
Net assets as of the end of the plan year2024-07-05169529
Total assets as of the beginning of the plan year2024-07-05146548
Value of plan covered by a fidelity bond2024-07-0520000
Participant contributions to plan in this plan year2024-07-057513
Value of participant loans at end of plan year2024-07-0510325
Other expenses paid from plan in this plan year2024-07-050
Other contributions to plan in this plan year2024-07-050
Other income to plan in this plan year2024-07-0514657
Plan net income in this plan year2024-07-0522981
Net assets as of the end of the plan year2024-07-05169529
Net assets as of the beginning of the plan year2024-07-05146548
Employer contributions to plan in this plan year2024-07-058847
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-050
2022 : THE CONTRACTORS RETIREMENT PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-06-100
Total liabilities as of the end of the plan year2022-06-100
Total liabilities as of the beginning of the plan year2022-06-100
Total expenses incurred by plan in this plan year2022-06-1028491
Net assets as of the end of the plan year2022-06-10155655
Total assets as of the beginning of the plan year2022-06-10162043
Value of plan covered by a fidelity bond2022-06-1020000
Participant contributions to plan in this plan year2022-06-105804
Value of participant loans at end of plan year2022-06-1012146
Other expenses paid from plan in this plan year2022-06-100
Other contributions to plan in this plan year2022-06-100
Other income to plan in this plan year2022-06-1015244
Plan net income in this plan year2022-06-10-6388
Net assets as of the end of the plan year2022-06-10155655
Net assets as of the beginning of the plan year2022-06-10162043
Employer contributions to plan in this plan year2022-06-101055
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-100

Potentially related plans

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