PIQUETTE & HOWARD ELECTRIC SERVICE, LLC has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2022 : PIQUETTE & HOWARD 401(K) PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $560,191 |
| Total of all expenses incurred | 2022-12-31 | $276,884 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $231,204 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,424,818 |
| Value of total assets at end of year | 2022-12-31 | $4,902,252 |
| Value of total assets at beginning of year | 2022-12-31 | $4,618,945 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $45,680 |
| Total interest from all sources | 2022-12-31 | $5,991 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $462,000 |
| 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 | $886,450 |
| Participant contributions at end of year | 2022-12-31 | $166,152 |
| Participant contributions at beginning of year | 2022-12-31 | $140,853 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $142,983 |
| 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 | $283,307 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $4,902,252 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $4,618,945 |
| 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 |
| Investment advisory and management fees | 2022-12-31 | $869 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $4,736,100 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $0 |
| Interest on participant loans | 2022-12-31 | $5,991 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $4,478,092 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-870,618 |
| 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 | $395,385 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $231,204 |
| Contract administrator fees | 2022-12-31 | $44,811 |
| 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 | NATHAN WECHSLER & COMPANY, P.A. |
| Accountancy firm EIN | 2022-12-31 | 020327524 |
| 2021 : PIQUETTE & HOWARD 401(K) PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $1,592,326 |
| Total of all expenses incurred | 2021-12-31 | $72,204 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $30,635 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,045,847 |
| Value of total assets at end of year | 2021-12-31 | $4,618,945 |
| Value of total assets at beginning of year | 2021-12-31 | $3,098,823 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $41,569 |
| Total interest from all sources | 2021-12-31 | $546,479 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $462,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $640,701 |
| Participant contributions at end of year | 2021-12-31 | $140,853 |
| Participant contributions at beginning of year | 2021-12-31 | $158,080 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $105,242 |
| 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 | $1,520,122 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $4,618,945 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,098,823 |
| 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 |
| Investment advisory and management fees | 2021-12-31 | $749 |
| Interest on participant loans | 2021-12-31 | $6,770 |
| Interest earned on other investments | 2021-12-31 | $539,709 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $4,478,092 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $2,940,743 |
| 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 | $299,904 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $30,635 |
| Contract administrator fees | 2021-12-31 | $40,820 |
| 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 | NATHAN WECHSLER & COMPANY, P.A. |
| Accountancy firm EIN | 2021-12-31 | 020327524 |
