| Plan Name | PLATINUM ELECTRICAL SERVICE, INC. PROFIT SHARING PLAN |
| Plan identification number | 001 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
|
| Company Name: | PLATINUM ELECTRICAL SERVICE, INC. |
| Employer identification number (EIN): | 113156639 |
| NAIC Classification: | 238210 |
| NAIC Description: | Electrical Contractors and Other Wiring Installation Contractors |
Additional information about PLATINUM ELECTRICAL SERVICE, INC.
| Jurisdiction of Incorporation: | New York Department of State |
| Incorporation Date: | 1993-04-16 |
| Company Identification Number: | 1719214 |
| Legal Registered Office Address: |
2090 ADAM CLAYTON PWELL BLVD Kings NEW YORK United States of America (USA) 10027 |
More information about PLATINUM ELECTRICAL SERVICE, INC.
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 001 | 2023-01-01 | DEBORAH CRISCIONE | 2024-02-21 | ||
| 001 | 2022-01-01 | DEBORAH CRISCIONE | 2023-03-08 | ||
| 001 | 2021-01-01 | DEBORAH CRISCIONE | 2022-03-14 | ||
| 001 | 2020-01-01 | ||||
| 001 | 2019-01-01 | ||||
| 001 | 2018-01-01 | DEBORAH CRISCIONE | |||
| 001 | 2017-01-01 | DEBORAH CRISCIONE | |||
| 001 | 2016-01-01 | DEBORAH CRISCIONE | |||
| 001 | 2015-01-01 | DEBORAH CRISCIONE |
| Measure | Date | Value |
|---|---|---|
| 2025 : PLATINUM ELECTRICAL SERVICE, INC. PROFIT SHARING PLAN 2025 401k financial data | ||
| Total transfers to/from plan in this plan year | 2025-02-24 | 0 |
| Total liabilities as of the end of the plan year | 2025-02-24 | 0 |
| Total liabilities as of the beginning of the plan year | 2025-02-24 | 0 |
| Total expenses incurred by plan in this plan year | 2025-02-24 | 15664 |
| Net assets as of the end of the plan year | 2025-02-24 | 1512733 |
| Total assets as of the beginning of the plan year | 2025-02-24 | 1283956 |
| Value of plan covered by a fidelity bond | 2025-02-24 | 129000 |
| Participant contributions to plan in this plan year | 2025-02-24 | 0 |
| Other expenses paid from plan in this plan year | 2025-02-24 | 0 |
| Other contributions to plan in this plan year | 2025-02-24 | 0 |
| Other income to plan in this plan year | 2025-02-24 | 96653 |
| Plan net income in this plan year | 2025-02-24 | 228777 |
| Net assets as of the end of the plan year | 2025-02-24 | 1512733 |
| Net assets as of the beginning of the plan year | 2025-02-24 | 1283956 |
| Employer contributions to plan in this plan year | 2025-02-24 | 147788 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-02-24 | 15664 |
| 2024 : PLATINUM ELECTRICAL SERVICE, INC. PROFIT SHARING PLAN 2024 401k financial data | ||
| Total transfers to/from plan in this plan year | 2024-02-21 | 0 |
| Total liabilities as of the end of the plan year | 2024-02-21 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-02-21 | 0 |
| Total expenses incurred by plan in this plan year | 2024-02-21 | 17871 |
| Net assets as of the end of the plan year | 2024-02-21 | 1283956 |
| Total assets as of the beginning of the plan year | 2024-02-21 | 1035665 |
| Value of plan covered by a fidelity bond | 2024-02-21 | 111500 |
| Participant contributions to plan in this plan year | 2024-02-21 | 0 |
| Other expenses paid from plan in this plan year | 2024-02-21 | 0 |
| Other contributions to plan in this plan year | 2024-02-21 | 0 |
| Other income to plan in this plan year | 2024-02-21 | 131327 |
| Plan net income in this plan year | 2024-02-21 | 248291 |
| Net assets as of the end of the plan year | 2024-02-21 | 1283956 |
| Net assets as of the beginning of the plan year | 2024-02-21 | 1035665 |
| Employer contributions to plan in this plan year | 2024-02-21 | 134835 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-02-21 | 12797 |
| 2022 : PLATINUM ELECTRICAL SERVICE, INC. PROFIT SHARING PLAN 2022 401k financial data | ||
| Total transfers to/from plan in this plan year | 2022-03-14 | 0 |
| Total liabilities as of the end of the plan year | 2022-03-14 | 0 |
| Total liabilities as of the beginning of the plan year | 2022-03-14 | 0 |
| Total expenses incurred by plan in this plan year | 2022-03-14 | 16935 |
| Net assets as of the end of the plan year | 2022-03-14 | 1114666 |
| Total assets as of the beginning of the plan year | 2022-03-14 | 909931 |
| Value of plan covered by a fidelity bond | 2022-03-14 | 90993 |
| Participant contributions to plan in this plan year | 2022-03-14 | 0 |
| Other expenses paid from plan in this plan year | 2022-03-14 | 0 |
| Other contributions to plan in this plan year | 2022-03-14 | 0 |
| Other income to plan in this plan year | 2022-03-14 | 99239 |
| Plan net income in this plan year | 2022-03-14 | 204735 |
| Net assets as of the end of the plan year | 2022-03-14 | 1114666 |
| Net assets as of the beginning of the plan year | 2022-03-14 | 909931 |
| Employer contributions to plan in this plan year | 2022-03-14 | 122431 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-03-14 | 11060 |
| 2020 : PLATINUM ELECTRICAL SERVICE, INC. PROFIT SHARING PLAN 2020 401k financial data | ||
| Transfers to/from the plan | 2020-12-31 | $0 |
| Total plan liabilities at end of year | 2020-12-31 | $0 |
| Total plan liabilities at beginning of year | 2020-12-31 | $0 |
| Total income from all sources | 2020-12-31 | $251,407 |
| Expenses. Total of all expenses incurred | 2020-12-31 | $9,074 |
| Benefits paid (including direct rollovers) | 2020-12-31 | $1,400 |
| Total plan assets at end of year | 2020-12-31 | $909,931 |
| Total plan assets at beginning of year | 2020-12-31 | $667,598 |
| Value of fidelity bond covering the plan | 2020-12-31 | $60,000 |
| Total contributions received or receivable from participants | 2020-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2020-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2020-12-31 | $0 |
| Other income received | 2020-12-31 | $123,309 |
| Noncash contributions received | 2020-12-31 | $0 |
| Net income (gross income less expenses) | 2020-12-31 | $242,333 |
| Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $909,931 |
| Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $667,598 |
| Total contributions received or receivable from employer(s) | 2020-12-31 | $128,098 |
| Value of certain deemed distributions of participant loans | 2020-12-31 | $0 |
| Value of corrective distributions | 2020-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $7,674 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| 2019 : PLATINUM ELECTRICAL SERVICE, INC. PROFIT SHARING PLAN 2019 401k financial data | ||
| Transfers to/from the plan | 2019-12-31 | $0 |
| Total plan liabilities at end of year | 2019-12-31 | $0 |
| Total plan liabilities at beginning of year | 2019-12-31 | $0 |
| Total income from all sources | 2019-12-31 | $206,397 |
| Expenses. Total of all expenses incurred | 2019-12-31 | $6,897 |
| Benefits paid (including direct rollovers) | 2019-12-31 | $0 |
| Total plan assets at end of year | 2019-12-31 | $667,598 |
| Total plan assets at beginning of year | 2019-12-31 | $468,098 |
| Value of fidelity bond covering the plan | 2019-12-31 | $60,000 |
| Total contributions received or receivable from participants | 2019-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2019-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2019-12-31 | $0 |
| Other income received | 2019-12-31 | $81,382 |
| Noncash contributions received | 2019-12-31 | $0 |
| Net income (gross income less expenses) | 2019-12-31 | $199,500 |
| Net plan assets at end of year (total assets less liabilities) | 2019-12-31 | $667,598 |
| Net plan assets at beginning of year (total assets less liabilities) | 2019-12-31 | $468,098 |
| Total contributions received or receivable from employer(s) | 2019-12-31 | $125,015 |
| Value of certain deemed distributions of participant loans | 2019-12-31 | $0 |
| Value of corrective distributions | 2019-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2019-12-31 | $6,897 |
| 2018 : PLATINUM ELECTRICAL SERVICE, INC. PROFIT SHARING PLAN 2018 401k financial data | ||
| Transfers to/from the plan | 2018-12-31 | $0 |
| Total plan liabilities at end of year | 2018-12-31 | $0 |
| Total plan liabilities at beginning of year | 2018-12-31 | $0 |
| Total income from all sources | 2018-12-31 | $102,001 |
| Expenses. Total of all expenses incurred | 2018-12-31 | $5,001 |
| Benefits paid (including direct rollovers) | 2018-12-31 | $0 |
| Total plan assets at end of year | 2018-12-31 | $468,098 |
| Total plan assets at beginning of year | 2018-12-31 | $371,098 |
| Value of fidelity bond covering the plan | 2018-12-31 | $40,000 |
| Total contributions received or receivable from participants | 2018-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2018-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2018-12-31 | $0 |
| Other income received | 2018-12-31 | $-19,953 |
| Noncash contributions received | 2018-12-31 | $0 |
| Net income (gross income less expenses) | 2018-12-31 | $97,000 |
| Net plan assets at end of year (total assets less liabilities) | 2018-12-31 | $468,098 |
| Net plan assets at beginning of year (total assets less liabilities) | 2018-12-31 | $371,098 |
| Total contributions received or receivable from employer(s) | 2018-12-31 | $121,954 |
| Value of certain deemed distributions of participant loans | 2018-12-31 | $0 |
| Value of corrective distributions | 2018-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2018-12-31 | $5,001 |
| 2017 : PLATINUM ELECTRICAL SERVICE, INC. PROFIT SHARING PLAN 2017 401k financial data | ||
| Transfers to/from the plan | 2017-12-31 | $0 |
| Total plan liabilities at end of year | 2017-12-31 | $0 |
| Total plan liabilities at beginning of year | 2017-12-31 | $0 |
| Total income from all sources | 2017-12-31 | $136,152 |
| Expenses. Total of all expenses incurred | 2017-12-31 | $2,936 |
| Benefits paid (including direct rollovers) | 2017-12-31 | $0 |
| Total plan assets at end of year | 2017-12-31 | $371,098 |
| Total plan assets at beginning of year | 2017-12-31 | $237,882 |
| Value of fidelity bond covering the plan | 2017-12-31 | $40,000 |
| Total contributions received or receivable from participants | 2017-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2017-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2017-12-31 | $0 |
| Other income received | 2017-12-31 | $25,605 |
| Noncash contributions received | 2017-12-31 | $0 |
| Net income (gross income less expenses) | 2017-12-31 | $133,216 |
| Net plan assets at end of year (total assets less liabilities) | 2017-12-31 | $371,098 |
| Net plan assets at beginning of year (total assets less liabilities) | 2017-12-31 | $237,882 |
| Total contributions received or receivable from employer(s) | 2017-12-31 | $110,547 |
| Value of certain deemed distributions of participant loans | 2017-12-31 | $0 |
| Value of corrective distributions | 2017-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2017-12-31 | $2,936 |
| 2016 : PLATINUM ELECTRICAL SERVICE, INC. PROFIT SHARING PLAN 2016 401k financial data | ||
| Transfers to/from the plan | 2016-12-31 | $0 |
| Total plan liabilities at end of year | 2016-12-31 | $0 |
| Total plan liabilities at beginning of year | 2016-12-31 | $0 |
| Total income from all sources | 2016-12-31 | $125,544 |
| Expenses. Total of all expenses incurred | 2016-12-31 | $1,255 |
| Benefits paid (including direct rollovers) | 2016-12-31 | $0 |
| Total plan assets at end of year | 2016-12-31 | $237,882 |
| Total plan assets at beginning of year | 2016-12-31 | $113,593 |
| Value of fidelity bond covering the plan | 2016-12-31 | $40,000 |
| Total contributions received or receivable from participants | 2016-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2016-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2016-12-31 | $0 |
| Other income received | 2016-12-31 | $11,816 |
| Noncash contributions received | 2016-12-31 | $0 |
| Net income (gross income less expenses) | 2016-12-31 | $124,289 |
| Net plan assets at end of year (total assets less liabilities) | 2016-12-31 | $237,882 |
| Net plan assets at beginning of year (total assets less liabilities) | 2016-12-31 | $113,593 |
| Total contributions received or receivable from employer(s) | 2016-12-31 | $113,728 |
| Value of certain deemed distributions of participant loans | 2016-12-31 | $0 |
| Value of corrective distributions | 2016-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2016-12-31 | $1,255 |
| 2015 : PLATINUM ELECTRICAL SERVICE, INC. PROFIT SHARING PLAN 2015 401k financial data | ||
| Transfers to/from the plan | 2015-12-31 | $0 |
| Total plan liabilities at end of year | 2015-12-31 | $0 |
| Total plan liabilities at beginning of year | 2015-12-31 | $0 |
| Total income from all sources | 2015-12-31 | $113,593 |
| Expenses. Total of all expenses incurred | 2015-12-31 | $0 |
| Benefits paid (including direct rollovers) | 2015-12-31 | $0 |
| Total plan assets at end of year | 2015-12-31 | $113,593 |
| Total plan assets at beginning of year | 2015-12-31 | $0 |
| Total contributions received or receivable from participants | 2015-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2015-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2015-12-31 | $0 |
| Other income received | 2015-12-31 | $0 |
| Noncash contributions received | 2015-12-31 | $0 |
| Net income (gross income less expenses) | 2015-12-31 | $113,593 |
| Net plan assets at end of year (total assets less liabilities) | 2015-12-31 | $113,593 |
| Net plan assets at beginning of year (total assets less liabilities) | 2015-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2015-12-31 | $113,593 |
| Value of certain deemed distributions of participant loans | 2015-12-31 | $0 |
| Value of corrective distributions | 2015-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2015-12-31 | $0 |
| 2020: PLATINUM ELECTRICAL SERVICE, INC. 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: PLATINUM ELECTRICAL SERVICE, INC. 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: PLATINUM ELECTRICAL SERVICE, INC. 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: PLATINUM ELECTRICAL SERVICE, INC. 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: PLATINUM ELECTRICAL SERVICE, INC. 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: PLATINUM ELECTRICAL SERVICE, INC. PROFIT SHARING PLAN 2015 form 5500 responses | ||
| 2015-01-01 | Type of plan entity | Single employer plan |
| 2015-01-01 | First time form 5500 has been submitted | Yes |
| 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 |