401k Plan data: POWTEC 401(K) PLAN plan

POWTEC 401(K) PLAN 401k Plan overview

Plan Name	POWTEC 401(K) PLAN
Plan identification number	001

POWTEC 401(K) PLAN Benefits

401k Plan Type

Defined 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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

POWTEC HOLDING COMPANY, LLC has sponsored the creation of one or more 401k plans.

Company Name: POWTEC HOLDING COMPANY, LLC

Employer identification number (EIN): 920177623

NAIC Classification: 561110
NAIC Description: Office Administrative Services

Additional information about POWTEC HOLDING COMPANY, LLC

Jurisdiction of Incorporation: Alaska Department Commerce, Community & Economic Development

Incorporation Date: 2007-11-16

Company Identification Number: 112339

Legal Registered Office Address: 1330 CRAIG-KLAWOCK HIGHWAY

CRAIG
United States of America (USA)
99921

More information about POWTEC HOLDING COMPANY, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan POWTEC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 WILLIAM COLE 2018-10-02 WILLIAM COLE 2018-10-02
001 2016-01-01 WILLIAM COLE 2017-05-23
001 2015-01-01 WILLIAM R COLE 2016-07-27
001 2014-01-01 WILLIAM R COLE 2015-07-09
001 2013-01-01 WILLIAM COLE 2014-09-22
001 2011-01-01 MARIA HINTZ
001 2009-01-31 MARIA HINTZ
001 2007-01-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01	WILLIAM COLE	2018-10-02	WILLIAM COLE	2018-10-02
001	2016-01-01	WILLIAM COLE	2017-05-23
001	2015-01-01	WILLIAM R COLE	2016-07-27
001	2014-01-01	WILLIAM R COLE	2015-07-09
001	2013-01-01	WILLIAM COLE	2014-09-22
001	2011-01-01	MARIA HINTZ
001	2009-01-31	MARIA HINTZ
001	2007-01-01

Plan Statistics for POWTEC 401(K) PLAN

401k plan membership statisitcs for POWTEC 401(K) PLAN

Measure Date Value
2022: POWTEC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 107
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 76
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 40
Total of all active and inactive participants 2022-01-01 116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 116
Number of participants with account balances 2022-01-01 58
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: POWTEC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 105
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 75
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 32
Total of all active and inactive participants 2021-01-01 107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 107
Number of participants with account balances 2021-01-01 64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: POWTEC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 128
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 81
Number of retired or separated participants receiving benefits 2020-01-01 0
Total of all active and inactive participants 2020-01-01 81
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 24
Total participants 2020-01-01 105
Number of participants with account balances 2020-01-01 51
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: POWTEC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 141
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 105
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 23
Total of all active and inactive participants 2019-01-01 128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 128
Number of participants with account balances 2019-01-01 64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: POWTEC 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 139
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 104
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 37
Total of all active and inactive participants 2018-01-01 141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 141
Number of participants with account balances 2018-01-01 95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2011: POWTEC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 46
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 46
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 23
Total of all active and inactive participants 2011-01-01 69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 69
Number of participants with account balances 2011-01-01 60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 23
2009: POWTEC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-31 37
Total number of active participants reported on line 7a of the Form 5500 2009-01-31 38
Number of retired or separated participants receiving benefits 2009-01-31 0
Number of other retired or separated participants entitled to future benefits 2009-01-31 6
Total of all active and inactive participants 2009-01-31 44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-31 0
Total participants 2009-01-31 44
Number of participants with account balances 2009-01-31 31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-31 3

Measure	Date	Value
2022: POWTEC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	107
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	76
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	40
Total of all active and inactive participants	2022-01-01	116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	116
Number of participants with account balances	2022-01-01	58
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: POWTEC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	105
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	75
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	32
Total of all active and inactive participants	2021-01-01	107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	107
Number of participants with account balances	2021-01-01	64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: POWTEC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	128
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	81
Number of retired or separated participants receiving benefits	2020-01-01	0
Total of all active and inactive participants	2020-01-01	81
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	24
Total participants	2020-01-01	105
Number of participants with account balances	2020-01-01	51
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: POWTEC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	141
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	105
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	23
Total of all active and inactive participants	2019-01-01	128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	128
Number of participants with account balances	2019-01-01	64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: POWTEC 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	139
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	104
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	37
Total of all active and inactive participants	2018-01-01	141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	141
Number of participants with account balances	2018-01-01	95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2011: POWTEC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	46
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	46
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	23
Total of all active and inactive participants	2011-01-01	69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	69
Number of participants with account balances	2011-01-01	60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	23
2009: POWTEC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-31	37
Total number of active participants reported on line 7a of the Form 5500	2009-01-31	38
Number of retired or separated participants receiving benefits	2009-01-31	0
Number of other retired or separated participants entitled to future benefits	2009-01-31	6
Total of all active and inactive participants	2009-01-31	44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-31	0
Total participants	2009-01-31	44
Number of participants with account balances	2009-01-31	31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-31	3

Financial Data on POWTEC 401(K) PLAN

Measure	Date	Value
2022 : POWTEC 401(K) PLAN 2022 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$75
Total income from all sources (including contributions)	2022-12-31	$-78,404
Total of all expenses incurred	2022-12-31	$800,569
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$775,655
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$419,282
Value of total assets at end of year	2022-12-31	$1,954,004
Value of total assets at beginning of year	2022-12-31	$2,832,902
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$24,914
Total interest from all sources	2022-12-31	$1,168
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Administrative expenses professional fees incurred	2022-12-31	$24,914
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$282,536
Participant contributions at end of year	2022-12-31	$19,952
Participant contributions at beginning of year	2022-12-31	$27,760
Participant contributions at end of year	2022-12-31	$11,890
Participant contributions at beginning of year	2022-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-12-31	$75
Total non interest bearing cash at beginning of year	2022-12-31	$13,540
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-878,973
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$1,953,929
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$2,832,902
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$1,847,798
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$2,709,402
Interest on participant loans	2022-12-31	$1,148
Value of interest in common/collective trusts at end of year	2022-12-31	$63,897
Value of interest in common/collective trusts at beginning of year	2022-12-31	$59,434
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$3,949
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$22,766
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$22,766
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$20
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-498,855
Net investment gain or loss from common/collective trusts	2022-12-31	$1
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$136,746
Employer contributions (assets) at end of year	2022-12-31	$6,518
Employer contributions (assets) at beginning of year	2022-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$775,655
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	WITHUM SMITH & BROWN, PC
Accountancy firm EIN	2022-12-31	222027092
2021 : POWTEC 401(K) PLAN 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$841,874
Total of all expenses incurred	2021-12-31	$293,626
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$269,475
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$418,583
Value of total assets at end of year	2021-12-31	$2,832,902
Value of total assets at beginning of year	2021-12-31	$2,284,654
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$24,151
Total interest from all sources	2021-12-31	$628
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$110,072
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$110,072
Administrative expenses professional fees incurred	2021-12-31	$24,151
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
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$197,044
Participant contributions at end of year	2021-12-31	$27,760
Participant contributions at beginning of year	2021-12-31	$13,455
Participant contributions at end of year	2021-12-31	$0
Participant contributions at beginning of year	2021-12-31	$541
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$120,125
Total non interest bearing cash at end of year	2021-12-31	$13,540
Total non interest bearing cash at beginning of year	2021-12-31	$0
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	$548,248
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$2,832,902
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$2,284,654
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 registered invesment companies (eg mutual funds) at end of year	2021-12-31	$2,709,402
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$2,177,929
Interest on participant loans	2021-12-31	$624
Value of interest in common/collective trusts at end of year	2021-12-31	$59,434
Value of interest in common/collective trusts at beginning of year	2021-12-31	$50,536
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$22,766
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$41,828
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$41,828
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$4
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$311,743
Net investment gain or loss from common/collective trusts	2021-12-31	$848
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	$101,414
Employer contributions (assets) at end of year	2021-12-31	$0
Employer contributions (assets) at beginning of year	2021-12-31	$365
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$269,475
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	Unqualified
Accountancy firm name	2021-12-31	WITHUM SMITH & BROWN, PC
Accountancy firm EIN	2021-12-31	222027092
2020 : POWTEC 401(K) PLAN 2020 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$60,011
Total income from all sources (including contributions)	2020-12-31	$533,994
Total of all expenses incurred	2020-12-31	$427,928
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$404,205
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$265,050
Value of total assets at end of year	2020-12-31	$2,284,654
Value of total assets at beginning of year	2020-12-31	$2,238,599
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$23,723
Total interest from all sources	2020-12-31	$1,184
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$41,301
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$41,301
Administrative expenses professional fees incurred	2020-12-31	$23,723
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
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$175,735
Participant contributions at end of year	2020-12-31	$13,455
Participant contributions at beginning of year	2020-12-31	$17,576
Participant contributions at end of year	2020-12-31	$541
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$60,011
Total non interest bearing cash at end of year	2020-12-31	$0
Total non interest bearing cash at beginning of year	2020-12-31	$38,754
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	$106,066
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$2,284,654
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$2,178,588
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 registered invesment companies (eg mutual funds) at end of year	2020-12-31	$2,177,929
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$2,008,141
Interest on participant loans	2020-12-31	$1,149
Value of interest in common/collective trusts at end of year	2020-12-31	$50,536
Value of interest in common/collective trusts at beginning of year	2020-12-31	$174,128
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$41,828
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$35
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$222,799
Net investment gain or loss from common/collective trusts	2020-12-31	$3,660
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	$89,315
Employer contributions (assets) at end of year	2020-12-31	$365
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$404,205
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	LINDQUIST LLP
Accountancy firm EIN	2020-12-31	522385296
2019 : POWTEC 401(K) PLAN 2019 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$60,011
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$60,011
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$736,968
Total income from all sources (including contributions)	2019-12-31	$736,968
Total of all expenses incurred	2019-12-31	$813,921
Total of all expenses incurred	2019-12-31	$813,921
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$789,418
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$789,418
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$289,329
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$289,329
Value of total assets at end of year	2019-12-31	$2,238,599
Value of total assets at end of year	2019-12-31	$2,238,599
Value of total assets at beginning of year	2019-12-31	$2,255,541
Value of total assets at beginning of year	2019-12-31	$2,255,541
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$24,503
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$24,503
Total interest from all sources	2019-12-31	$1,769
Total interest from all sources	2019-12-31	$1,769
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Administrative expenses professional fees incurred	2019-12-31	$24,503
Administrative expenses professional fees incurred	2019-12-31	$24,503
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$1,000,000
Value of fidelity bond cover	2019-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$185,034
Contributions received from participants	2019-12-31	$185,034
Participant contributions at end of year	2019-12-31	$17,576
Participant contributions at end of year	2019-12-31	$17,576
Participant contributions at beginning of year	2019-12-31	$30,668
Participant contributions at beginning of year	2019-12-31	$30,668
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$400
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$400
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$60,011
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$60,011
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$0
Total non interest bearing cash at end of year	2019-12-31	$38,754
Total non interest bearing cash at end of year	2019-12-31	$38,754
Total non interest bearing cash at beginning of year	2019-12-31	$1
Total non interest bearing cash at beginning of year	2019-12-31	$1
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$-76,953
Value of net income/loss	2019-12-31	$-76,953
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$2,178,588
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$2,178,588
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,255,541
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,255,541
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$2,008,141
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$2,008,141
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$1,977,516
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$1,977,516
Interest on participant loans	2019-12-31	$1,478
Interest on participant loans	2019-12-31	$1,478
Value of interest in common/collective trusts at end of year	2019-12-31	$174,128
Value of interest in common/collective trusts at end of year	2019-12-31	$174,128
Value of interest in common/collective trusts at beginning of year	2019-12-31	$247,356
Value of interest in common/collective trusts at beginning of year	2019-12-31	$247,356
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$291
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$291
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$445,870
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$445,870
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$103,895
Contributions received in cash from employer	2019-12-31	$103,895
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$789,418
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$789,418
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	2019-12-31	Yes
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	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	LINDQUIST LLP
Accountancy firm name	2019-12-31	LINDQUIST LLP
Accountancy firm EIN	2019-12-31	522385296
Accountancy firm EIN	2019-12-31	522385296
2018 : POWTEC 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$233,889
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$177,668
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$164,399
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$366,923
Value of total assets at end of year	2018-12-31	$2,255,541
Value of total assets at beginning of year	2018-12-31	$2,199,320
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$13,269
Total interest from all sources	2018-12-31	$848
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$75,740
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$75,740
Administrative expenses professional fees incurred	2018-12-31	$9,826
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$204,754
Participant contributions at end of year	2018-12-31	$30,668
Participant contributions at beginning of year	2018-12-31	$7,874
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$43,831
Other income not declared elsewhere	2018-12-31	$661
Administrative expenses (other) incurred	2018-12-31	$3,443
Total non interest bearing cash at end of year	2018-12-31	$1
Total non interest bearing cash at beginning of year	2018-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$56,221
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$2,255,541
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$2,199,320
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$1,977,516
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$2,135,265
Interest on participant loans	2018-12-31	$756
Value of interest in common/collective trusts at end of year	2018-12-31	$247,356
Value of interest in common/collective trusts at beginning of year	2018-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$56,181
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$56,181
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$92
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-211,906
Net investment gain or loss from common/collective trusts	2018-12-31	$1,623
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$118,338
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$164,399
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	LINDQUIST LLP
Accountancy firm EIN	2018-12-31	522385296
2011 : POWTEC 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$291,428
Expenses. Total of all expenses incurred	2011-12-31	$61,923
Benefits paid (including direct rollovers)	2011-12-31	$57,112
Total plan assets at end of year	2011-12-31	$1,050,387
Total plan assets at beginning of year	2011-12-31	$820,882
Total contributions received or receivable from participants	2011-12-31	$219,802
Contributions received from other sources (not participants or employers)	2011-12-31	$4,552
Other income received	2011-12-31	$-27,580
Net income (gross income less expenses)	2011-12-31	$229,505
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,050,387
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$820,882
Assets. Value of participant loans	2011-12-31	$16,162
Total contributions received or receivable from employer(s)	2011-12-31	$94,654
Value of corrective distributions	2011-12-31	$1,303
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$3,508
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : POWTEC 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$413,697
Expenses. Total of all expenses incurred	2010-12-31	$52,641
Benefits paid (including direct rollovers)	2010-12-31	$35,352
Total plan assets at end of year	2010-12-31	$820,882
Total plan assets at beginning of year	2010-12-31	$459,826
Total contributions received or receivable from participants	2010-12-31	$196,924
Contributions received from other sources (not participants or employers)	2010-12-31	$21,607
Other income received	2010-12-31	$81,308
Net income (gross income less expenses)	2010-12-31	$361,056
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$820,882
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$459,826
Assets. Value of participant loans	2010-12-31	$6,895
Total contributions received or receivable from employer(s)	2010-12-31	$113,858
Value of corrective distributions	2010-12-31	$15,014
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$2,275
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : POWTEC 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for POWTEC 401(K) PLAN

2022: POWTEC 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: POWTEC 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: POWTEC 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: POWTEC 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: POWTEC 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2011: POWTEC 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: POWTEC 401(K) PLAN 2009 form 5500 responses
2009-01-31	Type of plan entity	Single employer plan
2009-01-31	Submission has been amended	No
2009-01-31	This submission is the final filing	No
2009-01-31	This return/report is a short plan year return/report (less than 12 months)	Yes
2009-01-31	Plan is a collectively bargained plan	No
2009-01-31	Plan funding arrangement – Trust	Yes
2009-01-31	Plan benefit arrangement - Trust	Yes
2007: POWTEC 401(K) PLAN 2007 form 5500 responses
2007-01-01	Submission has been amended	No
2007-01-01	This submission is the final filing	No
2007-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2007-01-01	Plan is a collectively bargained plan	No

Potentially related plans

POWTEC 401(K) PLAN [EIN = 271858836]

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Company Name:	POWTEC HOLDING COMPANY, LLC
Employer identification number (EIN):	920177623
NAIC Classification:	561110
NAIC Description:	Office Administrative Services

Jurisdiction of Incorporation:	Alaska Department Commerce, Community & Economic Development
Incorporation Date:	2007-11-16
Company Identification Number:	112339
Legal Registered Office Address:	1330 CRAIG-KLAWOCK HIGHWAY CRAIG United States of America (USA) 99921