401k Plan data: NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST plan

NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST 401k Plan overview

Plan Name	NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST
Plan identification number	002

NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST 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.
Stock bonus
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.
Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
The employer maintaining this ESOP is an S Corporation
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan covering Self-Employed individuals.
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 requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

NORTHERN CONSTRUCTION SERVICE, LLC has sponsored the creation of one or more 401k plans.

Company Name: NORTHERN CONSTRUCTION SERVICE, LLC

Employer identification number (EIN): 043298009

NAIC Classification: 238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2022-01-01 JOHN RAHKONEN 2023-10-12
002 2021-01-01 JOHN RAHKONEN 2022-05-06
002 2020-01-01 JOHN RAHKONEN 2021-04-22
002 2019-01-01 JOHN RAHKONEN 2020-04-30
002 2018-01-01 JOHN RAHKONEN 2019-04-24
002 2017-01-01 JOHN RAHKONEN 2018-04-16
002 2016-01-01 JOHN DIVITO 2017-05-08
002 2015-01-01 JOHN DIVITO 2016-05-05
002 2014-01-01 JOHN DIVITO 2015-04-17
002 2013-01-01 JOHN DIVITO 2014-04-25
002 2012-01-01 JOHN DIVITO 2013-05-03
002 2011-01-01 JOHN DIVITO 2012-05-14
002 2010-01-01 JOHN DIVITO 2011-04-18

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2022-01-01
002	2022-01-01	JOHN RAHKONEN	2023-10-12
002	2021-01-01	JOHN RAHKONEN	2022-05-06
002	2020-01-01	JOHN RAHKONEN	2021-04-22
002	2019-01-01	JOHN RAHKONEN	2020-04-30
002	2018-01-01	JOHN RAHKONEN	2019-04-24
002	2017-01-01	JOHN RAHKONEN	2018-04-16
002	2016-01-01	JOHN DIVITO	2017-05-08
002	2015-01-01	JOHN DIVITO	2016-05-05
002	2014-01-01	JOHN DIVITO	2015-04-17
002	2013-01-01	JOHN DIVITO	2014-04-25
002	2012-01-01	JOHN DIVITO	2013-05-03
002	2011-01-01	JOHN DIVITO	2012-05-14
002	2010-01-01	JOHN DIVITO	2011-04-18

Plan Statistics for NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST

401k plan membership statisitcs for NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST

Measure Date Value
2022: NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year 2022-01-01 51
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 44
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 0
Total of all active and inactive participants 2022-01-01 44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 44
Number of participants with account balances 2022-01-01 42
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0

Measure	Date	Value
2022: NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year	2022-01-01	51
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	44
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	0
Total of all active and inactive participants	2022-01-01	44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	44
Number of participants with account balances	2022-01-01	42
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0

Financial Data on NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST

Measure	Date	Value
2022 : NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$20,565,212
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-19,223,011
Expenses. Total of all expenses incurred	2022-12-31	$166,885
Benefits paid (including direct rollovers)	2022-12-31	$0
Total plan assets at end of year	2022-12-31	$1,175,316
Total plan assets at beginning of year	2022-12-31	$0
Value of fidelity bond covering the plan	2022-12-31	$1,000,000
Total contributions received or receivable from participants	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$166,885
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-20,270,196
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-19,389,896
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$-19,389,896
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$0
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2022-12-31	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2022-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$810,000
Total contributions received or receivable from employer(s)	2022-12-31	$1,047,185
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$0

Form 5500 Responses for NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST

2022: NORTHERN CONSTRUCTION SERVICE, LLC 401(K) PLAN AND TRUST 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	First time form 5500 has been submitted	Yes
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

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Company Name:	NORTHERN CONSTRUCTION SERVICE, LLC
Employer identification number (EIN):	043298009
NAIC Classification:	238900