Logo

BUCKLES-SMITH ELECTRIC CO. SAVINGS AND INVESTMENT PLAN 401k Plan overview

Plan NameBUCKLES-SMITH ELECTRIC CO. SAVINGS AND INVESTMENT PLAN
Plan identification number 003

BUCKLES-SMITH ELECTRIC CO. SAVINGS AND INVESTMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
    SELECT distinct(Description) AS Description FROM 401k_benefit_codes LEFT JOIN 401k_benefit_code_description ON BenefitCode=Code COLLATE utf8_unicode_ci WHERE EIN='941480248' AND PlanID='003'

401k Sponsoring company profile

BUCKLES-SMITH ELECTRIC CO. has sponsored the creation of one or more 401k plans.

Company Name:BUCKLES-SMITH ELECTRIC CO.
Employer identification number (EIN):941480248
NAIC Classification:423600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BUCKLES-SMITH ELECTRIC CO. SAVINGS AND INVESTMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01
0032023-01-01JENNI FULTON
0032022-01-01
0032022-01-01JUDY CATO
0032021-01-01
0032021-01-01ART COOK
0032015-01-01ART COOK2016-06-21
0032014-01-01ART COOK2015-09-18
0032013-01-01ART COOK2014-10-06
0032012-01-01ART COOK2013-10-03 ART COOK2013-10-03
0032011-01-01ART COOK2012-09-24 ART COOK2012-09-24
0032010-10-01ART COOK2011-05-25

Financial Data on BUCKLES-SMITH ELECTRIC CO. SAVINGS AND INVESTMENT PLAN

Measure Date Value
2023 : BUCKLES-SMITH ELECTRIC CO. SAVINGS AND INVESTMENT PLAN 2023 401k financial data
Total transfer of assets from this plan2023-12-29$16,936,675
Total income from all sources (including contributions)2023-12-29$4,295,945
Total of all expenses incurred2023-12-29$3,490,070
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-29$3,369,775
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-29$1,586,457
Value of total assets at end of year2023-12-29$0
Value of total assets at beginning of year2023-12-29$16,130,800
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-29$120,295
Total interest from all sources2023-12-29$20,476
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-29No
Was this plan covered by a fidelity bond2023-12-29Yes
Value of fidelity bond cover2023-12-29$500,000
If this is an individual account plan, was there a blackout period2023-12-29Yes
Were there any nonexempt tranactions with any party-in-interest2023-12-29No
Contributions received from participants2023-12-29$1,109,226
Participant contributions at end of year2023-12-29$0
Participant contributions at beginning of year2023-12-29$198,747
Participant contributions at end of year2023-12-29$0
Participant contributions at beginning of year2023-12-29$32,125
Assets. Other investments not covered elsewhere at end of year2023-12-29$0
Assets. Other investments not covered elsewhere at beginning of year2023-12-29$7,803
Income. Received or receivable in cash from other sources (including rollovers)2023-12-29$94,202
Other income not declared elsewhere2023-12-29$-7,803
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-29No
Value of net income/loss2023-12-29$805,875
Value of net assets at end of year (total assets less liabilities)2023-12-29$0
Value of net assets at beginning of year (total assets less liabilities)2023-12-29$16,130,800
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-29No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-29No
Were any leases to which the plan was party in default or uncollectible2023-12-29No
Investment advisory and management fees2023-12-29$42,104
Value of interest in pooled separate accounts at end of year2023-12-29$0
Value of interest in pooled separate accounts at beginning of year2023-12-29$14,339,543
Interest on participant loans2023-12-29$11,360
Interest earned on other investments2023-12-29$9,116
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-12-29$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-12-29$1,540,792
Net investment gain/loss from pooled separate accounts2023-12-29$2,696,815
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-29No
Was there a failure to transmit to the plan any participant contributions2023-12-29Yes
Has the plan failed to provide any benefit when due under the plan2023-12-29No
Contributions received in cash from employer2023-12-29$383,029
Employer contributions (assets) at end of year2023-12-29$0
Employer contributions (assets) at beginning of year2023-12-29$11,790
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-29$3,369,775
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32023-12-29Yes
Did the plan have assets held for investment2023-12-29No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-29No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-29Yes
Opinion of an independent qualified public accountant for this plan2023-12-29Unqualified
Accountancy firm name2023-12-29MOSS ADAMS LLP
Accountancy firm EIN2023-12-29910189318
Total transfer of assets from this plan2023-01-01$16,936,675
Total income from all sources (including contributions)2023-01-01$4,295,945
Total of all expenses incurred2023-01-01$3,490,070
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$3,369,775
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$1,586,457
Value of total assets at end of year2023-01-01$0
Value of total assets at beginning of year2023-01-01$16,130,800
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$120,295
Total interest from all sources2023-01-01$20,476
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$500,000
If this is an individual account plan, was there a blackout period2023-01-01Yes
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$1,109,226
Participant contributions at end of year2023-01-01$0
Participant contributions at beginning of year2023-01-01$198,747
Participant contributions at end of year2023-01-01$0
Participant contributions at beginning of year2023-01-01$32,125
Assets. Other investments not covered elsewhere at end of year2023-01-01$0
Assets. Other investments not covered elsewhere at beginning of year2023-01-01$7,803
Income. Received or receivable in cash from other sources (including rollovers)2023-01-01$94,202
Other income not declared elsewhere2023-01-01$-7,803
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$805,875
Value of net assets at end of year (total assets less liabilities)2023-01-01$0
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$16,130,800
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Investment advisory and management fees2023-01-01$42,104
Value of interest in pooled separate accounts at end of year2023-01-01$0
Value of interest in pooled separate accounts at beginning of year2023-01-01$14,339,543
Interest on participant loans2023-01-01$11,360
Interest earned on other investments2023-01-01$9,116
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-01-01$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-01-01$1,540,792
Net investment gain/loss from pooled separate accounts2023-01-01$2,696,815
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01Yes
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$383,029
Employer contributions (assets) at end of year2023-01-01$0
Employer contributions (assets) at beginning of year2023-01-01$11,790
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$3,369,775
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32023-01-01Yes
Did the plan have assets held for investment2023-01-01No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01Yes
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01MOSS ADAMS LLP
Accountancy firm EIN2023-01-01910189318
2022 : BUCKLES-SMITH ELECTRIC CO. SAVINGS AND INVESTMENT PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$-1,733,862
Total of all expenses incurred2022-12-31$2,484,378
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$2,315,785
Value of total corrective distributions2022-12-31$137
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,640,309
Value of total assets at end of year2022-12-31$16,130,800
Value of total assets at beginning of year2022-12-31$20,349,040
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$168,456
Total interest from all sources2022-12-31$25,171
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,198,564
Participant contributions at end of year2022-12-31$198,747
Participant contributions at beginning of year2022-12-31$252,992
Participant contributions at end of year2022-12-31$32,125
Participant contributions at beginning of year2022-12-31$25,521
Assets. Other investments not covered elsewhere at end of year2022-12-31$7,803
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$7,236
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$13,750
Other income not declared elsewhere2022-12-31$51,802
Administrative expenses (other) incurred2022-12-31$124,115
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-4,218,240
Value of net assets at end of year (total assets less liabilities)2022-12-31$16,130,800
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$20,349,040
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$44,341
Value of interest in pooled separate accounts at end of year2022-12-31$14,339,543
Value of interest in pooled separate accounts at beginning of year2022-12-31$17,888,724
Interest on participant loans2022-12-31$10,636
Interest earned on other investments2022-12-31$14,535
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$1,540,792
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$2,163,928
Net investment gain/loss from pooled separate accounts2022-12-31$-3,451,144
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$427,995
Employer contributions (assets) at end of year2022-12-31$11,790
Employer contributions (assets) at beginning of year2022-12-31$10,639
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,315,785
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31No
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MOSS ADAMS LLP
Accountancy firm EIN2022-12-31910189318
Total income from all sources (including contributions)2022-01-01$-1,733,862
Total of all expenses incurred2022-01-01$2,484,378
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$2,315,785
Value of total corrective distributions2022-01-01$137
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$1,640,309
Value of total assets at end of year2022-01-01$16,130,800
Value of total assets at beginning of year2022-01-01$20,349,040
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$168,456
Total interest from all sources2022-01-01$25,171
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$500,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$1,198,564
Participant contributions at end of year2022-01-01$198,747
Participant contributions at beginning of year2022-01-01$252,992
Participant contributions at end of year2022-01-01$32,125
Participant contributions at beginning of year2022-01-01$25,521
Assets. Other investments not covered elsewhere at end of year2022-01-01$7,803
Assets. Other investments not covered elsewhere at beginning of year2022-01-01$7,236
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$13,750
Other income not declared elsewhere2022-01-01$51,802
Administrative expenses (other) incurred2022-01-01$124,115
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-4,218,240
Value of net assets at end of year (total assets less liabilities)2022-01-01$16,130,800
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$20,349,040
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Investment advisory and management fees2022-01-01$44,341
Value of interest in pooled separate accounts at end of year2022-01-01$14,339,543
Value of interest in pooled separate accounts at beginning of year2022-01-01$17,888,724
Interest on participant loans2022-01-01$10,636
Interest earned on other investments2022-01-01$14,535
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-01-01$1,540,792
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-01-01$2,163,928
Net investment gain/loss from pooled separate accounts2022-01-01$-3,451,144
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01Yes
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$427,995
Employer contributions (assets) at end of year2022-01-01$11,790
Employer contributions (assets) at beginning of year2022-01-01$10,639
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$2,315,785
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-01-01No
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01MOSS ADAMS LLP
Accountancy firm EIN2022-01-01910189318
2021 : BUCKLES-SMITH ELECTRIC CO. SAVINGS AND INVESTMENT PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$4,763,961
Total of all expenses incurred2021-12-31$5,840,642
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$5,690,897
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,934,523
Value of total assets at end of year2021-12-31$20,349,040
Value of total assets at beginning of year2021-12-31$21,425,721
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$149,745
Total interest from all sources2021-12-31$11,406
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,138,633
Participant contributions at end of year2021-12-31$252,992
Participant contributions at beginning of year2021-12-31$219,671
Participant contributions at end of year2021-12-31$25,521
Participant contributions at beginning of year2021-12-31$0
Assets. Other investments not covered elsewhere at end of year2021-12-31$7,236
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$7,152
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$375,177
Other income not declared elsewhere2021-12-31$176,662
Administrative expenses (other) incurred2021-12-31$96,215
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-1,076,681
Value of net assets at end of year (total assets less liabilities)2021-12-31$20,349,040
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$21,425,721
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$53,530
Value of interest in pooled separate accounts at end of year2021-12-31$17,888,724
Value of interest in pooled separate accounts at beginning of year2021-12-31$17,693,368
Interest on participant loans2021-12-31$11,232
Interest earned on other investments2021-12-31$174
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$225
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$225
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$2,163,928
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$2,509,385
Net investment gain/loss from pooled separate accounts2021-12-31$2,641,370
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$0
Assets. Invements in employer securities at beginning of year2021-12-31$881,423
Contributions received in cash from employer2021-12-31$420,713
Employer contributions (assets) at end of year2021-12-31$10,639
Employer contributions (assets) at beginning of year2021-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$5,690,897
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2021-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2021-12-31$114,497
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31MOSS ADAMS, LLP
Accountancy firm EIN2021-12-31910189318

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number600798
Policy instance 1
Insurance contract or identification number600798
Number of Individuals Covered0
Insurance policy start date2023-01-01
Insurance policy end date2023-12-29
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number600798
Policy instance 1
Insurance contract or identification number600798
Number of Individuals Covered197
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number600798
Policy instance 1

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1