401k Plan data: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN plan

IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 401k Plan overview

Plan Name	IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN
Plan identification number	001

IDEAL BUILDERS, INC. 401K PROFIT SHARING 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

IDEAL BUILDERS, INC. has sponsored the creation of one or more 401k plans.

Company Name: IDEAL BUILDERS, INC.

Employer identification number (EIN): 030382084

NAIC Classification: 236200

Additional information about IDEAL BUILDERS, INC.

Jurisdiction of Incorporation: Alabama Secretary of State

Incorporation Date: 1988-09-08

Company Identification Number: 126-265

Legal Registered Office Address: 1930 WRENWOOD DR HUNTSVILLE,

United States of America (USA)
35803

More information about IDEAL BUILDERS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan IDEAL BUILDERS, INC. 401K PROFIT SHARING 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 JOE WILLEMS
001 2017-01-01 JOE WILLEMS
001 2016-01-01 JOE WILLEMS
001 2015-01-01 JOE WILLEMS
001 2014-01-01 JOE WILLEMS
001 2013-01-01 JOE WILLEMS
001 2012-01-01 JOE WILLEMS
001 2011-01-01 JOE WILLEMS
001 2010-01-01 JOE WILLEMS
001 2009-01-01 JOE WILLEMS JOE WILLEMS 2010-03-12

Plan Statistics for IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN

401k plan membership statisitcs for IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2022: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 21
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 17
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 6
Total of all active and inactive participants 2022-01-01 23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 23
Number of participants with account balances 2022-01-01 22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 25
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 17
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 4
Total of all active and inactive participants 2021-01-01 21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 21
Number of participants with account balances 2021-01-01 21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 16
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 12
Total of all active and inactive participants 2020-01-01 28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 28
Number of participants with account balances 2020-01-01 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 4
2019: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 22
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 19
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 7
Total of all active and inactive participants 2019-01-01 26
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 26
Number of participants with account balances 2019-01-01 26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 23
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 17
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 5
Total of all active and inactive participants 2018-01-01 22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 22
Number of participants with account balances 2018-01-01 22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 1
2017: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 18
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 14
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 9
Total of all active and inactive participants 2017-01-01 23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 23
Number of participants with account balances 2017-01-01 23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 1
2016: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 18
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 12
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 5
Total of all active and inactive participants 2016-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 1
Total participants 2016-01-01 18
Number of participants with account balances 2016-01-01 18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 4
2015: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 13
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 15
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 3
Total of all active and inactive participants 2015-01-01 18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 18
Number of participants with account balances 2015-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 1
2014: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 14
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 10
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 3
Total of all active and inactive participants 2014-01-01 13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 13
Number of participants with account balances 2014-01-01 13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 12
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 12
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 3
Total of all active and inactive participants 2013-01-01 15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 15
Number of participants with account balances 2013-01-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 14
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 10
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 2
Total of all active and inactive participants 2012-01-01 12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 12
Number of participants with account balances 2012-01-01 12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 13
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 11
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 3
Total of all active and inactive participants 2011-01-01 14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 14
Number of participants with account balances 2011-01-01 14
2010: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 10
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 10
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 3
Total of all active and inactive participants 2010-01-01 13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 13
Number of participants with account balances 2010-01-01 13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 11
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 10
Number of other retired or separated participants entitled to future benefits 2009-01-01 2
Total of all active and inactive participants 2009-01-01 12
Total participants 2009-01-01 12
Number of participants with account balances 2009-01-01 11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2022: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	21
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	17
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	6
Total of all active and inactive participants	2022-01-01	23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	23
Number of participants with account balances	2022-01-01	22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	25
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	17
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	4
Total of all active and inactive participants	2021-01-01	21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	21
Number of participants with account balances	2021-01-01	21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	16
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	12
Total of all active and inactive participants	2020-01-01	28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	28
Number of participants with account balances	2020-01-01	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	4
2019: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	22
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	19
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	7
Total of all active and inactive participants	2019-01-01	26
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	26
Number of participants with account balances	2019-01-01	26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	23
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	17
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	5
Total of all active and inactive participants	2018-01-01	22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	22
Number of participants with account balances	2018-01-01	22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	1
2017: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	18
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	14
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	9
Total of all active and inactive participants	2017-01-01	23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	23
Number of participants with account balances	2017-01-01	23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	1
2016: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	18
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	12
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	5
Total of all active and inactive participants	2016-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	1
Total participants	2016-01-01	18
Number of participants with account balances	2016-01-01	18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	4
2015: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	13
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	15
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	3
Total of all active and inactive participants	2015-01-01	18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	18
Number of participants with account balances	2015-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	1
2014: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	14
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	10
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	3
Total of all active and inactive participants	2014-01-01	13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	13
Number of participants with account balances	2014-01-01	13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	12
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	12
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	3
Total of all active and inactive participants	2013-01-01	15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	15
Number of participants with account balances	2013-01-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	14
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	10
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	2
Total of all active and inactive participants	2012-01-01	12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	12
Number of participants with account balances	2012-01-01	12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	13
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	11
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	3
Total of all active and inactive participants	2011-01-01	14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	14
Number of participants with account balances	2011-01-01	14
2010: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	10
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	10
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	3
Total of all active and inactive participants	2010-01-01	13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	13
Number of participants with account balances	2010-01-01	13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	11
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	10
Number of other retired or separated participants entitled to future benefits	2009-01-01	2
Total of all active and inactive participants	2009-01-01	12
Total participants	2009-01-01	12
Number of participants with account balances	2009-01-01	11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN

Measure	Date	Value
2022 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources	2022-12-31	$-202,893
Expenses. Total of all expenses incurred	2022-12-31	$126,540
Benefits paid (including direct rollovers)	2022-12-31	$108,905
Total plan assets at end of year	2022-12-31	$3,805,844
Total plan assets at beginning of year	2022-12-31	$4,135,277
Value of fidelity bond covering the plan	2022-12-31	$500,000
Total contributions received or receivable from participants	2022-12-31	$189,959
Contributions received from other sources (not participants or employers)	2022-12-31	$13,416
Other income received	2022-12-31	$-597,721
Net income (gross income less expenses)	2022-12-31	$-329,433
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$3,805,844
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$4,135,277
Total contributions received or receivable from employer(s)	2022-12-31	$191,453
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$17,635
2021 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$1,028,573
Expenses. Total of all expenses incurred	2021-12-31	$1,178,592
Benefits paid (including direct rollovers)	2021-12-31	$1,113,330
Total plan assets at end of year	2021-12-31	$4,135,277
Total plan assets at beginning of year	2021-12-31	$4,285,296
Value of fidelity bond covering the plan	2021-12-31	$500,000
Total contributions received or receivable from participants	2021-12-31	$173,273
Other income received	2021-12-31	$685,233
Net income (gross income less expenses)	2021-12-31	$-150,019
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$4,135,277
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$4,285,296
Assets. Value of participant loans	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$170,067
Value of certain deemed distributions of participant loans	2021-12-31	$44,261
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$21,001
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$841,552
Expenses. Total of all expenses incurred	2020-12-31	$58,276
Benefits paid (including direct rollovers)	2020-12-31	$42,237
Total plan assets at end of year	2020-12-31	$4,285,296
Total plan assets at beginning of year	2020-12-31	$3,502,020
Value of fidelity bond covering the plan	2020-12-31	$500,000
Total contributions received or receivable from participants	2020-12-31	$183,979
Other income received	2020-12-31	$445,362
Net income (gross income less expenses)	2020-12-31	$783,276
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$4,285,296
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$3,502,020
Assets. Value of participant loans	2020-12-31	$44,261
Total contributions received or receivable from employer(s)	2020-12-31	$212,211
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$16,039
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$1,321,171
Expenses. Total of all expenses incurred	2019-12-31	$582,638
Benefits paid (including direct rollovers)	2019-12-31	$567,358
Total plan assets at end of year	2019-12-31	$3,502,020
Total plan assets at beginning of year	2019-12-31	$2,763,487
Value of fidelity bond covering the plan	2019-12-31	$500,000
Total contributions received or receivable from participants	2019-12-31	$190,984
Contributions received from other sources (not participants or employers)	2019-12-31	$220,737
Other income received	2019-12-31	$621,218
Net income (gross income less expenses)	2019-12-31	$738,533
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$3,502,020
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,763,487
Assets. Value of participant loans	2019-12-31	$44,261
Total contributions received or receivable from employer(s)	2019-12-31	$288,232
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$15,280
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$193,749
Expenses. Total of all expenses incurred	2018-12-31	$209,694
Benefits paid (including direct rollovers)	2018-12-31	$195,227
Total plan assets at end of year	2018-12-31	$2,763,487
Total plan assets at beginning of year	2018-12-31	$2,779,432
Value of fidelity bond covering the plan	2018-12-31	$500,000
Total contributions received or receivable from participants	2018-12-31	$181,061
Expenses. Other expenses not covered elsewhere	2018-12-31	$14,467
Other income received	2018-12-31	$-221,402
Net income (gross income less expenses)	2018-12-31	$-15,945
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$2,763,487
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$2,779,432
Total contributions received or receivable from employer(s)	2018-12-31	$234,090
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$786,615
Expenses. Total of all expenses incurred	2017-12-31	$11,490
Total plan assets at end of year	2017-12-31	$2,779,432
Total plan assets at beginning of year	2017-12-31	$2,004,307
Value of fidelity bond covering the plan	2017-12-31	$500,000
Total contributions received or receivable from participants	2017-12-31	$157,378
Other income received	2017-12-31	$391,542
Net income (gross income less expenses)	2017-12-31	$775,125
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$2,779,432
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$2,004,307
Total contributions received or receivable from employer(s)	2017-12-31	$237,695
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$11,490
2016 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$569,609
Expenses. Total of all expenses incurred	2016-12-31	$271,384
Benefits paid (including direct rollovers)	2016-12-31	$261,209
Total plan assets at end of year	2016-12-31	$2,004,307
Total plan assets at beginning of year	2016-12-31	$1,706,082
Value of fidelity bond covering the plan	2016-12-31	$220,000
Total contributions received or receivable from participants	2016-12-31	$164,831
Contributions received from other sources (not participants or employers)	2016-12-31	$2,425
Other income received	2016-12-31	$193,029
Net income (gross income less expenses)	2016-12-31	$298,225
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$2,004,307
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,706,082
Total contributions received or receivable from employer(s)	2016-12-31	$209,324
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$10,175
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$357,160
Expenses. Total of all expenses incurred	2015-12-31	$8,720
Benefits paid (including direct rollovers)	2015-12-31	$755
Total plan assets at end of year	2015-12-31	$1,706,082
Total plan assets at beginning of year	2015-12-31	$1,357,642
Value of fidelity bond covering the plan	2015-12-31	$220,000
Total contributions received or receivable from participants	2015-12-31	$145,242
Contributions received from other sources (not participants or employers)	2015-12-31	$15,841
Other income received	2015-12-31	$-35,768
Net income (gross income less expenses)	2015-12-31	$348,440
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$1,706,082
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,357,642
Total contributions received or receivable from employer(s)	2015-12-31	$231,845
Value of corrective distributions	2015-12-31	$10
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$7,955
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$222,922
Expenses. Total of all expenses incurred	2014-12-31	$37,253
Benefits paid (including direct rollovers)	2014-12-31	$32,307
Total plan assets at end of year	2014-12-31	$1,357,642
Total plan assets at beginning of year	2014-12-31	$1,171,973
Value of fidelity bond covering the plan	2014-12-31	$220,000
Total contributions received or receivable from participants	2014-12-31	$101,067
Other income received	2014-12-31	$81,525
Net income (gross income less expenses)	2014-12-31	$185,669
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,357,642
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,171,973
Total contributions received or receivable from employer(s)	2014-12-31	$40,330
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$4,946
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$264,521
Expenses. Total of all expenses incurred	2013-12-31	$6,428
Benefits paid (including direct rollovers)	2013-12-31	$1,312
Total plan assets at end of year	2013-12-31	$1,171,973
Total plan assets at beginning of year	2013-12-31	$913,880
Value of fidelity bond covering the plan	2013-12-31	$220,000
Total contributions received or receivable from participants	2013-12-31	$85,511
Other income received	2013-12-31	$151,662
Net income (gross income less expenses)	2013-12-31	$258,093
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,171,973
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$913,880
Total contributions received or receivable from employer(s)	2013-12-31	$27,348
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$5,116
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$217,246
Expenses. Total of all expenses incurred	2012-12-31	$304,108
Benefits paid (including direct rollovers)	2012-12-31	$299,011
Total plan assets at end of year	2012-12-31	$913,880
Total plan assets at beginning of year	2012-12-31	$1,000,742
Value of fidelity bond covering the plan	2012-12-31	$220,000
Total contributions received or receivable from participants	2012-12-31	$71,065
Other income received	2012-12-31	$120,383
Net income (gross income less expenses)	2012-12-31	$-86,862
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$913,880
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,000,742
Total contributions received or receivable from employer(s)	2012-12-31	$25,798
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$5,097
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$59,543
Expenses. Total of all expenses incurred	2011-12-31	$5,239
Benefits paid (including direct rollovers)	2011-12-31	$234
Total plan assets at end of year	2011-12-31	$1,000,742
Total plan assets at beginning of year	2011-12-31	$946,438
Value of fidelity bond covering the plan	2011-12-31	$220,000
Total contributions received or receivable from participants	2011-12-31	$66,544
Other income received	2011-12-31	$-32,728
Net income (gross income less expenses)	2011-12-31	$54,304
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,000,742
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$946,438
Total contributions received or receivable from employer(s)	2011-12-31	$25,727
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$5,005
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$202,009
Expenses. Total of all expenses incurred	2010-12-31	$4,592
Benefits paid (including direct rollovers)	2010-12-31	$521
Total plan assets at end of year	2010-12-31	$946,438
Total plan assets at beginning of year	2010-12-31	$749,021
Value of fidelity bond covering the plan	2010-12-31	$220,000
Total contributions received or receivable from participants	2010-12-31	$54,343
Other income received	2010-12-31	$121,729
Net income (gross income less expenses)	2010-12-31	$197,417
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$946,438
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$749,021
Total contributions received or receivable from employer(s)	2010-12-31	$25,937
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$4,071
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : IDEAL BUILDERS, INC. 401K PROFIT SHARING 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 IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN

2022: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: IDEAL BUILDERS, INC. 401K PROFIT SHARING 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
2017: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2011: IDEAL BUILDERS, INC. 401K PROFIT SHARING 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 is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2010: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2009: IDEAL BUILDERS, INC. 401K PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes

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Company Name:	IDEAL BUILDERS, INC.
Employer identification number (EIN):	030382084
NAIC Classification:	236200

Jurisdiction of Incorporation:	Alabama Secretary of State
Incorporation Date:	1988-09-08
Company Identification Number:	126-265
Legal Registered Office Address:	1930 WRENWOOD DR HUNTSVILLE, United States of America (USA) 35803